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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Office buildings
1 Ellis Lndg Rd Brewster, MA 02631-1451
Individually Owned
38-yr Hold
~
Est. High Equity
Property ID
US38-0661348
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
FRAME
Total area
1,794 SF
Lot
0.65 ac (28,120 SF)
Zoning code
VILLAG
APN
BREW M:90 B:100
UPID
US38-0661348
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
-
SCHOONER PROPERTIES Real Estate Agency
-
Denessen Marlene Physician Medical Clinic
-
All Brewster Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$620k
Comparable Approach
Comparable
$602k
Blend (final)
Blend
$635k
Owner & transaction history
Gilbert E Ellis · 38 yrs held
Gilbert E Ellis
since 1987
4 recorded transactions
Zoning & alternative use
VILLAG · Brewster, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$500,000
+23.3%
Retail stores
$405,000
+0.5%
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 Brewster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brewster 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%
$670,000
6.5%
$620,000
7%
$575,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$405,000
Current use
COMMERCIAL (GENERAL)
$500,000
Change: +23% · Conversion: Easy
RETAIL STORES
$405,000
Change: +0% · Conversion: Moderate
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$354 / 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
$3,321
Tax year 2024
Assessed value
$487,600
Assessed 2024
Previous assessed
$487,600
+0.0% YoY
Effective rate
0.68%
On assessed value
Assessed land
$259,100
Assessed improvement
$228,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1988
Construction
FRAME
Heating
HEAT PUMP
Buildings
1
Stories
2
Total area
1,794 SF
Lot
0.65 ac (28,120 SF)
Zoning code
VILLAG
APN
BREW M:90 B:100
UPID
US38-0661348
Jurisdiction
BREWSTER
Zoning & alternative use
VILLAG · Brewster, MA
Zoning VILLAG · permitted uses
VILLAG · Brewster, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brewster. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$405,000
COMMERCIAL (GENERAL)
Est. value
$500,000
RETAIL STORES
Est. value
$405,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
1988
Construction
FRAME
Heating
HEAT PUMP
Stories
2
Buildings
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
Gilbert E Ellis
Individual
Mailing address
PO BOX 231, BREWSTER, MA 02631-0231
Ownership since
1987
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2010
—
Gilbert E Ellis
—
Deed Of Trust
related
$195,000 · Td Bank NA
Jan 12, 2006
—
Gilbert E Ellis
—
Deed Of Trust
related
$125,000 · Banknorth NA
Dec 30, 1987
$225,000
Gilbert E Ellis
Hart,catherine M
Grant Deed
$120,000 · Thomas M Sykes
Jun 8, 1987
—
Gilbert E Ellis III
—
Deed Of Trust
related
$285,000 · Thomas M Sykes
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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