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    Property profile & analytics

    Broadway Rear Melrose, MA 02176

    • Commercial land
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-2045949
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for Broadway Rear

    Lot size
    0.06 lot acres
    Zone code
    BB
    Property type
    Commercial land
    APN
    MELR M:0J4 P:000006A
    APU
    MELRM0J4P000006A

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Melrose
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0285
    Latitude
    42.4457
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,941
    $109,600
    $0.00
    $109,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.15 Acres

      137 Essex St

      VACANT COMMERCIAL LAND • 3,744 SF
      137 Essex St, Melrose, MA 02176-3105
      View Details
    • Value Estimation by Request
      2.56 Acres

      Newbury St

      QUARRIES (SAND, GRAVEL, ROCK) • 2.56 Acres
      Newbury St, Melrose, MA 02176
      View Details
    • Value Estimation by Request
      5.89 Acres

      Newburyport Tpke

      QUARRIES (SAND, GRAVEL, ROCK) • 5.89 Acres
      Newburyport Tpke, Melrose, MA 02176
      View Details
    • Value Estimation by Request
      2.48 Acres

      Newbury St

      QUARRIES (SAND, GRAVEL, ROCK) • 2.48 Acres
      Newbury St, Melrose, MA 02176
      View Details
    • Value Estimation by Request
      0.13 Acres

      Newburyport Tpke

      PARKING LOT • 0.13 Acres
      Newburyport Tpke, Melrose, MA 02176
      View Details
    • Value Estimation by Request
      436 SF

      6 Eastman Pl2d

      CONDOMINIUM OFFICES • 436 SF
      6 Eastman Pl2d, Melrose, MA 02176-3933
      View Details

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    Similar Nearby for Lease

    • $24 SF/Yr
      1,150 SF

      Melrose Office Condo For Rent

      Well-maintained 1,150 SF office condo in desirable Melrose complex.
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    • $2,899 /Mo

      Downtown Melrose Retail Space Available

      1,800 SF lower level retail space for lease.
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      View Details
    • $850 /Mo

      Downtown Melrose Office Space Available

      Single office space with natural light in downtown Melrose.
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      View Details
    • $3,000 /Mo

      Melrose Highlands Versatile Commercial Space

      1,900+ SF commercial space suitable for medical, office, or retail.
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      View Details
    • $60 SF/Yr

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      New construction retail and restaurant spaces in mixed-use building.
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      View Details
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    Broadway Rear
    Melrose, MA 02176
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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