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Property profile & analytics
OFF-MARKET Estimated value $3,030,000
Parking lots & garages

79 Verndale St Brookline, MA 02446

19,174 SF 0.5 ac lot Built 1920
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US38-2155968
Property profile
Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1920
Construction CONCRETE
Total area 19,174 SF
Lot 0.5 ac (21,750 SF)
Zoning code T-5
APN BROO B:071 L:0025 S:0026
UPID US38-2155968
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.03M
Owner & transaction history
Edge Brainerd LLC · 11 yrs held
Edge Brainerd LLC
since 2015
2 recorded transactions
2015
$47.0M
2011
Price N/A
Zoning & alternative use
T-5 · Brookline, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Sec. 5.93, in T-5(NH) Districts . § 5.44 ACCESSORY UNDERGROUND STRUCTURES 1. Any accessory structure or any part of a main structure or building which is located entirely beneath the surface of the ground at the natural grade level may extend into a required yard, except that in any Residence District and in any other situation where Landscaped Open Space is…

Zone name Two Family And Attached Single Family
General category RESIDENTIAL
Zone area 325.93 ac
Top alternative use upside
Commercial (general) $3.7M +3.5%
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