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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Individual retail properties
85 Tileston St Everett, MA 02149-1927
Entity Owned
3-yr Hold
Free & Clear
Property ID
US38-1666363
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1900
Construction
STEEL FRAME
Total area
20,161 SF
Lot
0.91 ac (39,823 SF)
Zoning code
ROD
APN
EVER M:G0 B:01 L:000209
UPID
US38-1666363
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
-
D. Dello Russo Furniture Restoration Home Decor Store Furniture & Home Goods
-
Caciatore Art - Furniture, Statue, Painting, Restoration Everett-MA Home Decor Store Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$945k
Owner & transaction history
Tileston Place LLC · 3 yrs held
Tileston Place LLC
since 2022
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
ROD · Everett, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.3M
+69.1%
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
$815,000
ML approach
$1,070,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
GYM, HEALTH SPA
$765,000
Current use
INDUSTRIAL (GENERAL)
$1,295,000
Change: +69% · Conversion: Difficult
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10% · vs last sale $950k (Sep 13 2022)
Last sale anchor
$950k
Sep 13 2022
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
$47 / 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
$47,141
Tax year 2024
Assessed value
$1,964,200
Assessed 2024
Previous assessed
$1,964,200
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$876,100
Assessed improvement
$1,088,100
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1900
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
4
Bathrooms
11
Total area
20,161 SF
Lot
0.91 ac (39,823 SF)
Zoning code
ROD
APN
EVER M:G0 B:01 L:000209
UPID
US38-1666363
Jurisdiction
EVERETT
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
ROD · Everett, MA
Zoning ROD · permitted uses
ROD · 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
GYM, HEALTH SPA Current
Est. value
$765,000
INDUSTRIAL (GENERAL)
Est. value
$1.3M
GYM, HEALTH SPA Current
INDUSTRIAL (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
1900
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
4
Bathrooms
11
Lot
0.91 ac
Current owner
From public records · entity-resolved
Tileston Place LLC
Entity
Free & Clear · 3 yrs held
Mailing address
142 CAMBRIDGE ST, CHARLESTOWN, MA 02129-1226
Ownership since
2022
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
Sep 13, 2022
—
Tileston Place LLC
Everett City Of
Redemption Deed
related
—
Nov 21, 2017
—
Tileston Place LLC
—
Deed
related
$1,650,000 · Hingham Institution For Savings
Dec 12, 2013
$850,000
Tileston Place LLC
Tileston RT
Quit Claim Deed
$550,000 · Eric J Gianci T
Jan 26, 2011
—
Tileston RT
—
Deed Of Trust
related
$500,000 · Sovereign Bank
Jul 15, 2005
—
Tileston RT
—
Deed Of Trust
related
$400,000 · Sovereign Bank
May 9, 2003
—
Tileston RT
—
Deed Of Trust
related
$650,000 · Sovereign Bank
Mar 21, 2001
$950,000
Tileston RT
Nettco Corp
Grant Deed
$713,000 · Citizens Bank Of Ma
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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