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    Property profile & analytics

    151 Washington St Raynham, MA 02767

    • Land
    • 14.11 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 151 Washington St

    Lot size
    14.11 lot acres
    Property type
    Land

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Raynham
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.0617
    Latitude
    41.9427

    Comparable in this City

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      1266 Broadway

      COMMERCIAL (GENERAL) • 1.91 Acres
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    • Value Estimation
      $375,000
      2.51 Acres

      244 Main St

      COMMERCIAL (GENERAL) • 2.51 Acres
      244 Main St, Raynham, MA 02767-5623
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    • Value Estimation
      $475,000
      8,500 SF

      1635 Broadway

      SHOW ROOM, WAREHOUSE • 8,500 SF
      1635 Broadway, Raynham, MA 02767-2006
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    • Value Estimation
      $465,000
      4,800 SF

      350 Gardiner St

      SHOW ROOM, WAREHOUSE • 4,800 SF
      350 Gardiner St, Raynham, MA 02767-1606
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    • Value Estimation
      $945,000
      55,372 SF

      1 Judson St

      SHOW ROOM, WAREHOUSE • 55,372 SF
      1 Judson St, Raynham, MA 02767-1301
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      14.11 Acres

      Raynham Commercial Land - 14 Acres

      Prime Commercial Land, 14 Acres, Near Walmart
      151 Washington St, Raynham, MA 02767
      View Details
    • $695,000

      Raynham Land For Sale

      Land available for sale in Raynham, Massachusetts.
      151 Broadway, Raynham, MA 02767
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      133,680 SF

      2.25 AC Land Site

      2.25 AC land site for sale in Raynham, MA.
      Raynham, MA 02767
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    • $4,900,000

      Raynham Commercial Land Opportunity

      Prime Raynham location, excellent park access.
      475 Paramount Dr, Raynham, MA 02767
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    • $655,000

      Commercial Land on Route 138

      Commercially zoned .43 acre lot with mixed-use potential.
      634 Broadway, Raynham, MA 02767
      View Details
    • $1,945,000
      1.97 Acres

      Raynham Commercial Land - 1.97 Acres

      High-traffic Route 138 location, ideal for development.
      Broadway, Raynham, MA 02767
      View Details

    Similar Nearby for Lease

    • $7,500 /Mo
      4,120 SF

      Raynham Flex/Industrial Building For Rent

      Freestanding flex/industrial building with fenced outdoor storage and office space.
      34 Bellows Rd, Raynham, MA 02767
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    • Contact for pricing
      1,537 SF

      Raynham Retail Space Available

      Retail space available in Raynham, anchored by Shaw's.
      300 New State Hwy, Raynham, MA 02767
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      65,502 SF

      Prime Raynham Retail Space

      65,502 SF Freestanding Building, MA
      36 New State Hwy, Raynham, MA 02767
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    • Contact for pricing
      5,115 SF

      Raynham Flex/Warehouse Space Available

      Air-conditioned flex/warehouse space with loading docks, near major routes.
      375 Paramount Dr, Raynham, MA 02767
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    • Contact for pricing
      4,983 SF

      Freestanding Restaurant Building For Lease

      4,983 SF restaurant building available for lease on 1.10-acre site.
      235 New State Hwy, Raynham, MA 02767
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    • Contact for pricing
      2,856 SF

      Freestanding Building on Route 44

      2,856 SF building for lease on 0.69 acre site.
      469 South St W, Raynham, MA 02767
      View Details
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    151 Washington St
    Raynham, MA 02767
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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