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Property profile & analytics
OFF-MARKET Estimated value $1,215,000
Retail space

765 Broadway Revere, MA 02151-4455

2,002 SF 0.17 ac lot Built 1920
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US38-1687461
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction STEEL FRAME
Total area 2,002 SF
Lot 0.17 ac (7,275 SF)
Zoning code GB
APN REVE M:17 B:277 L:1
UPID US38-1687461
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.22M
Owner & transaction history
Jc&y Realty Group LLC · 5 yrs held
Jc&y Realty Group LLC
since 2021
Last sale
$1.2M
7 recorded transactions
2021
$1.2M
2018
Price N/A
2018
$750,000
2016
Price N/A
2013
Price N/A
2013
Price N/A
2011
Price N/A
Zoning & alternative use
GB · Revere, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

In the CB, NB, GB business districts, micro and macro telecommunications facilities shall be allowed by special permit authorized by the Revere city council following design review approval. Monopole towers up to a height of forty feet are permitted by special permit authorized by the Revere city council following design review approval. Monopole towers up t…

Zone name General Business
General category COMMERCIAL
Zone area 150.16 ac
Top alternative use upside
Office building $1.1M +42.6%
Auto repair, garage $1.0M +32.1%
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