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Property profile & analytics
OFF-MARKET
Estimated value
$23,080,000
Retail properties & Spaces
770 Broadway, Saugus, MA 01906-3202
Entity Owned
7-yr Hold
Free & Clear
Property ID
US38-0571123
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2014
Total area
111,783 SF
Lot
8.49 ac (369,824 SF)
Zoning code
NA
APN
SAUG M:010-D B:0002 L:0006
UPID
US38-0571123
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
Current use
Occupant on record · Public records
-
Ria Money Transfer - Walmart Bank Credit Union
-
Walmart House Cleaning Services Hardware & Home Improvement
-
Walmart Pet Services Kennel & Boarding Facility
-
Walmart Bakery Bakery Specialty Food Shop
-
Electrify America Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$28.26M
Comparable Approach
Comparable
$24.77M
Blend (final)
Blend
$23.08M
Owner & transaction history
R K Saugus LLC · 7 yrs held
R K Saugus LLC
since 2018
7 recorded transactions
Zoning & alternative use
NA · Saugus, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$35.7M
+43.8%
Office building
$28.7M
+15.6%
Auto repair, garage
$26.8M
+7.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Saugus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saugus submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$30,610,000
6.5%
$28,255,000
7%
$26,240,000
Alternative Use
Use
Estimation
RETAIL STORES
$24,860,000
Current use
APARTMENT HOUSE (5+ UNITS)
$35,740,000
Change: +44% · Conversion: Difficult
OFFICE BUILDING
$28,730,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$26,775,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$20,345,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$23.08M
Range $20.77M – $25.39M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$206 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$554,233
Tax year 2024
Assessed value
$25,135,300
Assessed 2024
Previous assessed
$25,135,300
+0.0% YoY
Effective rate
2.20%
On assessed value
Assessed land
$3,798,100
Assessed improvement
$21,337,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
2014
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
6
Total area
111,783 SF
Lot
8.49 ac (369,824 SF)
Zoning code
NA
APN
SAUG M:010-D B:0002 L:0006
UPID
US38-0571123
Jurisdiction
SAUGUS
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
NA · Saugus, MA
Zoning NA · permitted uses
NA · Saugus, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saugus. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$24.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$35.7M
OFFICE BUILDING
Est. value
$28.7M
AUTO REPAIR, GARAGE
Est. value
$26.8M
COMMERCIAL (GENERAL)
Est. value
$20.3M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
6
Lot
8.49 ac
Current owner
From public records · entity-resolved
R K Saugus LLC
Entity
Free & Clear · 7 yrs held
Mailing address
50 CABOT ST STE #200, NEEDHAM, MA 02494-2844
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2019
—
Rk Saugus LLC
—
Deed
related
$18,000,000 · Bank Of America
Dec 11, 2018
$24,100,000
R K Saugus LLC
Ws Saugus Props LLC
Quit Claim Deed
—
Sep 14, 2012
—
Saugus Town Planning
—
Deed Of Trust
related
$300,000 · Northbound LLC
May 24, 2012
—
Ws Saugus Props LLC
—
Deed Of Trust
related
$10,600,000 · Worth Funding INC
May 24, 2012
$1
Ws Saugus Props LLC
Route One Retail T
Grant Deed
related
—
Sep 13, 2007
—
Ranch LLC
—
Deed Of Trust
related
$4,000,000 · Salem Five Cents Savings Bank
Mar 31, 2004
$10,100,000
High Country Investor INC
Ranch INC
Grant Deed
$7,300,000 · Sovereign Bank
—
—
Rk Saugus LLC
—
Deed Of Trust
related
$18,000,000 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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