Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Super regional malls
892 Main St Randolph, MA 02368-3039
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-0380912
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1968
Construction
STEEL FRAME
Total area
7,402 SF
Lot
0.7 ac (30,600 SF)
Zoning code
WCBD
APN
RAND M:22 B:A L:015
UPID
US38-0380912
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
$660k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$549k
Blend (final)
Blend
$605k
Owner & transaction history
892 North Main Street LLC · 6 yrs held
892 North Main Street LLC
since 2019
7 recorded transactions
Zoning & alternative use
WCBD · Randolph, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
WCBD district intended to promote business related uses.
Zone name
West Corners Business District
General category
COMMERCIAL
Zone area
16.73 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$925,000
+169.3%
Apartment house (5+ units)
$920,000
+167.6%
Medical building
$845,000
+146.0%
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 Randolph submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Randolph 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
$660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$925,000
Change: +169% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$920,000
Change: +168% · Conversion: Difficult
MEDICAL BUILDING
$845,000
Change: +146% · Conversion: Difficult
COMMERCIAL (GENERAL)
$755,000
Change: +120% · Conversion: Easy
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$82 / 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
$37,826
Tax year 2024
Assessed value
$1,706,200
Assessed 2024
Previous assessed
$1,697,100
+0.5% YoY
Effective rate
2.22%
On assessed value
Assessed land
$433,600
Assessed improvement
$1,272,600
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
1968
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
4
Bathrooms
4
Total area
7,402 SF
Lot
0.7 ac (30,600 SF)
Zoning code
WCBD
APN
RAND M:22 B:A L:015
UPID
US38-0380912
Jurisdiction
RANDOLPH
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
WCBD · Randolph, MAZoning WCBD · permitted uses
WCBD · Randolph, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
WCBD district intended to promote business related uses.
Zone name
West Corners Business District
General category
COMMERCIAL
Zone area
16.73 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$925,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$920,000
MEDICAL BUILDING
Est. value
$845,000
COMMERCIAL (GENERAL)
Est. value
$755,000
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
COMMERCIAL (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
1968
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
4
Bathrooms
4
Lot
0.7 ac
Current owner
From public records · entity-resolved
892 North Main Street LLC
Entity
Mailing address
57 BROOKLINE ST, NEEDHAM, MA 02492-4057
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2020
—
892 North Main St LLC
—
Deed
related
$1,100,000 · Eastern Bank
Aug 12, 2019
$1,750,000
892 North Main Street LLC
Izb Brothers LLC
Quit Claim Arm's Length For Ne States
$1,110,000 · East Boston Savings Bank
May 17, 2016
—
Izb Brothers LLC
—
Deed
related
$985,000 · Winchester Savings Bank
Nov 5, 2004
—
Izb Brothers LLC
—
Deed Of Trust
related
$810,000 · Winchester Savings Bank
Sep 30, 2003
$1,000,000
Izb Brothers LLC
Mc RT
Grant Deed
$560,000 · Winchester Savings Bank
Sep 30, 2003
—
Izb Brothers LLC
—
Deed Of Trust
related
$50,000 · Zenon Grzybowski
Sep 1, 1989
—
Edward Cassidy
—
Deed Of Trust
related
$190,000 · Dedham Inst For Savings
Jun 30, 1988
—
Cassidy,edward Tr
—
Deed Of Trust
related
$132,200 · Dedham Inst For Savings
Jan 16, 1987
—
RT Mc
—
Deed Of Trust
related
$167,000 · Zwi Kohorn
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 892 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
