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Property profile & analytics
OFF-MARKET
Estimated value
$1,195,000
Super regional malls
775 Eastern Ave Malden, MA 02148-5910
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US38-0144551
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2013
Construction
FRAME
Total area
6,840 SF
Lot
0.64 ac (27,674 SF)
Zoning code
I1
APN
MALD M:128 B:438 L:803
UPID
US38-0144551
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
-
Beantown Chiropractic & Sports Medicine Alternative Medicine Practice
-
The Accident and Injury Team Alternative Medicine Practice
-
Domino's Pizza Take-out & Catering
-
Fresco's Roast Beef & Seafood Restaurant
-
Pizzaria (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.20M
Owner & transaction history
775 Eastern Avenue LLC · 13 yrs held
775 Eastern Avenue LLC
since 2013
7 recorded transactions
Zoning & alternative use
I1 · Malden, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.0M
+4.8%
Auto repair, garage
$1.9M
+1.6%
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 Malden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Malden 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,895,000
Current use
RESTAURANT
$1,985,000
Change: +5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,925,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$1,845,000
Change: -3% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,575,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.20M
Range $1.08M – $1.31M · ±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
$175 / 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
$42,126
Tax year 2024
Assessed value
$2,314,600
Assessed 2024
Previous assessed
$2,314,600
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$1,037,900
Assessed improvement
$1,276,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2013
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
3
Bathrooms
7
Total area
6,840 SF
Lot
0.64 ac (27,674 SF)
Zoning code
I1
APN
MALD M:128 B:438 L:803
UPID
US38-0144551
Jurisdiction
MALDEN
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
I1 · Malden, MA
Zoning I1 · permitted uses
I1 · Malden, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Malden. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.9M
RESTAURANT
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.9M
RETAIL STORES
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2013
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
3
Bathrooms
7
Lot
0.64 ac
Current owner
From public records · entity-resolved
775 Eastern Avenue LLC
Entity
Mailing address
100 CONIFER HL DR STE #402, DANVERS, MA 01923-1171
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2020
—
775 Eastern Ave LLC
—
Deed
related
$1,890,000 · Newburyport Five Cents Savings Bank
Apr 11, 2013
$900,000
775 Eastern Avenue LLC
775 Eastern Avenue T
Quit Claim Arm's Length For Ne States
$1,600,000 · Newburyport Five Cents Savings Bank
Oct 8, 1999
—
Eastern Ave T 775
—
Deed Of Trust
related
$489,000 · Salem Five Cents Savings Bank
Aug 6, 1998
—
Eastern Ave T 775
—
Deed Of Trust
related
$50,000 · Salem Five Cents Savings Bank
Jul 15, 1996
$340,000
Eastern Avenue T 775
Eastern Mass Prop INC
Grant Deed
related
$306,000 · Salem Five Cents Savings Bank
Feb 18, 1993
—
Ma Properties Eastern
—
Deed Of Trust
related
$1,700,000 · Zions First National Bank
May 1, 1991
—
Eastern Mass Props INC
—
Deed Of Trust
related
$5,800,000 · Peoples Westchstr Sb
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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