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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Investment properties
82 Nichols St 86, Everett, MA 02149-4912
Entity Owned
2-yr Hold
Property ID
US38-0002163
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
FRAME
Total area
3,444 SF
Lot
0.14 ac (6,125 SF)
Zoning code
DD
APN
EVER M:M0 B:07 L:000028
UPID
US38-0002163
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
-
Nichols St. Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$930k
CAP Approach
CAP
$875k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$870k
Owner & transaction history
Jrra LLC · 2 yrs held
Jrra LLC
since 2023
Last sale
$865,000
6 recorded transactions
Zoning & alternative use
DD · Everett, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$970,000
+35.4%
Neighborhood: shopping center
$955,000
+33.3%
Retail stores
$930,000
+29.7%
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 Everett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Everett 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
$935,000
ML approach
$930,000
CAP Approach
CAP Return
Estimation
6%
$945,000
6.5%
$875,000
7%
$810,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$715,000
Current use
AUTO REPAIR, GARAGE
$970,000
Change: +35% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$955,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$930,000
Change: +30% · Conversion: Easy
OFFICE BUILDING
$755,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$870k
Range $783k – $957k · ±10% · vs last sale $865k (Dec 7 2023)
Last sale anchor
$865k
Dec 7 2023
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
$253 / 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
Assessed value
$787,500
Assessed 2024
Previous assessed
$787,500
+0.0% YoY
Assessed land
$240,300
Assessed improvement
$547,200
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
2
Rooms
11
Bathrooms
3
Total area
3,444 SF
Lot
0.14 ac (6,125 SF)
Zoning code
DD
APN
EVER M:M0 B:07 L:000028
UPID
US38-0002163
Jurisdiction
EVERETT
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
DD · Everett, MA
Zoning DD · permitted uses
DD · Everett, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Everett. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$715,000
AUTO REPAIR, GARAGE
Est. value
$970,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$955,000
RETAIL STORES
Est. value
$930,000
OFFICE BUILDING
Est. value
$755,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1900
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
2
Rooms
11
Bathrooms
3
Lot
0.14 ac
Current owner
From public records · entity-resolved
Jrra LLC
Entity
Mailing address
82 NICHOLS ST #86, EVERETT, MA 02149-4912
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2023
$865,000
Jrra LLC
Jjj Development LLC
Quit Claim Arm's Length For Ne States
$680,000 · Liberty Bay Credit Union
Jun 30, 2023
$750,000
Jjj Development LLC
Peter V Nguyen
Quit Claim Arm's Length For Ne States
$1,200,000 · Michael J Richards
Aug 14, 2019
$550,000
Peter V Nguyen
Tran,thanh
Quit Claim Deed
—
Aug 31, 2006
$500,000
Thanh Tran
Vancan,thi
Grant Deed
$375,000 · Greenpoint Mortgage Funding
Oct 15, 2001
—
Thi Van Can
—
Deed Of Trust
related
$187,000 · Hingham Institute For Savings
Feb 3, 1999
$140,000
Thi Van Can
Trenholm,mark
Grant Deed
$90,000 · Fec Mortgage Corp
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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