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Property profile & analytics
OFF-MARKET
Gas stations
1 Flannagan Sq, Gloucester, MA 01930-3015
Individually Owned
31-yr Hold
~
Est. High Equity
Property ID
US38-1314902
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,344 SF
Lot
0.18 ac (8,038 SF)
Zoning code
CB
APN
GLOU M:0011 B:0007 L:0000
UPID
US38-1314902
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
-
R & K Service Factory Production Facility
-
Flannagan Square Service Station Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Five J Walsh RT · 31 yrs held
Five J Walsh RT
since 1995
7 recorded transactions
Zoning & alternative use
CB · Gloucester, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Gloucester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gloucester 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,506
Tax year 2024
Assessed value
$647,400
Assessed 2024
Previous assessed
$647,400
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$389,200
Assessed improvement
$258,200
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
3
Total area
2,344 SF
Lot
0.18 ac (8,038 SF)
Zoning code
CB
APN
GLOU M:0011 B:0007 L:0000
UPID
US38-1314902
Jurisdiction
GLOUCESTER
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
CB · Gloucester, MA
Zoning CB · permitted uses
CB · Gloucester, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gloucester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
3
Lot
0.18 ac
Current owner
From public records · entity-resolved
Five J Walsh RT
Individual
Mailing address
1 FLANNAGAN SQ, GLOUCESTER, MA 01930-3015
Ownership since
1995
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2016
—
R & K Realty Trust
—
Deed
related
$575,000 · Bankgloucester
Oct 18, 2006
—
R RT
—
Deed Of Trust
related
$550,000 · Five J Walsh RT
Dec 17, 2001
—
J Walsh RT
—
Deed Of Trust
related
$100,000 · Gloucester Capital Bank
Mar 14, 1995
$325,000
Five J Walsh RT
Fendle Marilyn P Est
Grant Deed
—
Jan 24, 1995
—
Arthur H Fendle
—
Deed Of Trust
related
$29,000 · First National Bank Ipswch
Jun 16, 1989
—
Arthur Fendle
—
Deed Of Trust
related
$100,000 · First National Bank Ipswch
Jan 15, 1988
—
Marilyn P Fendale
—
Deed Of Trust
related
$65,000 · First National Bank Ipswch
Aug 6, 1987
—
Marilyn Fendle
—
Deed Of Trust
related
$140,000 · First National Bank Ipswch
—
—
R & K Realty Trust
—
Deed Of Trust
related
$575,000 · Bankgloucester
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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