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Property profile & analytics
OFF-MARKET
Estimated value
$980,000
Day care centers
93 Broadway Arlington, MA 02474-5521
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-1330104
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2017
Construction
STEEL FRAME
Total area
14,956 SF
Lot
0.4 ac (17,272 SF)
Zoning code
B4
APN
ARLI M:035.0 B:0002 L:0001
UPID
US38-1330104
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
-
Learn To Grow Inc Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$980k
Owner & transaction history
93 Broadway Arlington LLC · 9 yrs held
93 Broadway Arlington LLC
since 2017
7 recorded transactions
Zoning & alternative use
B4 · Arlington, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Vehicular Oriented Business District provides for establishments that are primarily oriented to automotive traffic, which means they require large amounts of land in proportion to building coverage.
Zone name
Vehicular Oriented Business
General category
COMMERCIAL
Zone area
30.03 ac
Source
Realmo
Top alternative use upside
Retail stores
$1.5M
+65.0%
Auto repair, garage
$1.3M
+44.3%
Medical building
$1.2M
+37.6%
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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$905,000
Current use
RETAIL STORES
$1,495,000
Change: +65% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,305,000
Change: +44% · Conversion: Difficult
MEDICAL BUILDING
$1,245,000
Change: +38% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,215,000
Change: +34% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,040,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±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
$66 / 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
$52,506
Tax year 2024
Assessed value
$4,958,100
Assessed 2024
Previous assessed
$4,958,100
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$1,267,900
Assessed improvement
$3,690,200
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2017
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
2
Total area
14,956 SF
Lot
0.4 ac (17,272 SF)
Zoning code
B4
APN
ARLI M:035.0 B:0002 L:0001
UPID
US38-1330104
Jurisdiction
ARLINGTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
B4 · Arlington, MAZoning B4 · permitted uses
B4 · Arlington, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Vehicular Oriented Business District provides for establishments that are primarily oriented to automotive traffic, which means they require large amounts of land in proportion to building coverage.
Zone name
Vehicular Oriented Business
General category
COMMERCIAL
Zone area
30.03 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$905,000
RETAIL STORES
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.0M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RETAIL STORES
AUTO REPAIR, GARAGE
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
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
2017
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
2
Lot
0.4 ac
Current owner
From public records · entity-resolved
93 Broadway Arlington LLC
Entity
Mailing address
508 GROTON RD, WESTFORD, MA 01886-1151
Ownership since
2017
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
Jan 21, 2020
—
93 Broadway Arlington LLC
—
Deed
related
$3,500,000 · Leader Bank NA
Aug 28, 2017
—
93 Broadway Arlington LLC
—
Deed
related
$850,000 · Citizens Bk/ma
May 31, 2017
—
93 Broadway Arlington LLC
Anderson,bernadette R & Kathleen M
Quit Claim Deed
related
—
Oct 3, 2016
$2,200,000
93 Broadway Arlington LLC
Motor Tech Trust
Quit Claim Deed
—
May 9, 2008
—
Tech Int Motor
—
Deed Of Trust
related
$325,000 · Cambridge Savings Bank
Nov 9, 1987
$630,000
Motor Tech Inv Trust
Flatleys Sv Station
Grant Deed
$200,000 · Zenon Grzybowski
Nov 9, 1987
—
Motor Tech Invstmt Tr
—
Deed Of Trust
related
$635,000 · Somerset Savings Bank
—
—
93 Broadway Arlington LLC
—
Deed Of Trust
related
$850,000 · Citizens Bk/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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