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Property profile & analytics
OFF-MARKET
Estimated value
$1,715,000
Retail space
780 Washington St, Lynn, MA 01901-1803
Individually Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US38-0419026
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1878
Construction
FRAME
Total area
13,583 SF
Lot
0.34 ac (14,663 SF)
Zoning code
R5
APN
LYNN M:081 B:588 L:018
UPID
US38-0419026
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
-
Dymes Redemption Center (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Ocean Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
LibertyX Bitcoin ATM Atm
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.11M
Blend (final)
Blend
$1.72M
Owner & transaction history
Raman RT · 24 yrs held
Raman RT
since 2001
7 recorded transactions
Zoning & alternative use
R5 · Lynn, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lynn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynn 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
OFFICE BUILDING
$2,835,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$1.72M
Range $1.54M – $1.89M · ±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
$126 / 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
$16,410
Tax year 2024
Assessed value
$813,200
Assessed 2024
Previous assessed
$813,200
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$351,000
Assessed improvement
$462,200
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1878
Construction
FRAME
Heating
SPACE
Buildings
1
Stories
1
Units
1
Bathrooms
1
Total area
13,583 SF
Lot
0.34 ac (14,663 SF)
Zoning code
R5
APN
LYNN M:081 B:588 L:018
UPID
US38-0419026
Jurisdiction
LYNN
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
R5 · Lynn, MA
Zoning R5 · permitted uses
R5 · Lynn, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$2.8M
OFFICE BUILDING
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
1878
Construction
FRAME
Heating
SPACE
Stories
1
Buildings
1
Units
1
Bathrooms
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Raman RT
Individual
Mailing address
117 ALBATROSS RD, QUINCY, MA 02169-2601
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
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
Jun 25, 2021
—
Drinking Joy T
—
Deed
related
$150,000 · Roger M Oriola
Oct 1, 2001
$225,000
Raman RT
M&r RT
Grant Deed
$344,000 · Cit Small Business Lending Co
Nov 3, 1999
$180,000
M RT
Has RT
Grant Deed
—
Mar 5, 1991
—
H. A. S. RT
—
Deed Of Trust
related
$575,000 · Shore Bk & Tr Co
Mar 1, 1991
—
H. A. S. RT
—
Deed Of Trust
related
$475,000 · Shore Bk & Tr Co
May 17, 1988
—
Kings Lynn Lanes INC
—
Deed Of Trust
related
$125,000 · Shore Bk & Tr Co
Aug 6, 1987
—
Kings Lynn Lanes INC
—
Deed Of Trust
related
$375,000 · Shore Bk & Tr Co
—
—
Drinking,joy Trust
—
Deed Of Trust
related
$131,720 · Oriola Family Trust (pt)
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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