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Property profile & analytics
OFF-MARKET Estimated value $560,000
Office buildings

1 Brookline St Townsend, MA 01469-1023

2,040 SF 0.28 ac lot Built 1850
Individually Owned 12-yr Hold Free & Clear
Property ID
US38-0305327
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1850
Construction FRAME
Total area 2,040 SF
Lot 0.28 ac (12,192 SF)
Zoning code DCD
APN TOWN M:0051 B:0092 L:0000
UPID US38-0305327
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$520k
Blend (final) Blend
$560k
Owner & transaction history
Terrence Ft · 12 yrs held
Terrence Ft
since 2014
3 recorded transactions
2014
Price N/A
2011
$140,000
2010
Price N/A
Zoning & alternative use
DCD · Townsend, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Downtown Commercial District (DCD). [Added 1-17-1989 STM by Art. 30] A. Purpose. The Downtown Commercial District is designed to accommodate a wide variety of commercial activities (particularly those that are, or could be, pedestrian oriented) that will result in a concentrated and attractive use of Townsend's limited central business district, while preser…

Zone name Downtown Commercial
General category COMMERCIAL
Zone area 55.50 ac
Top alternative use upside
Auto repair, garage $575,000 +28.6%
Neighborhood: shopping center $565,000 +26.6%
Retail stores $550,000 +23.2%
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