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Financial
Distress signals
Property profile

1 George St 2B Plainville, MA 02762

FOR SALE
Manufacturing properties
Property ID
US38-0373872
26,947 SF 2.26 ac lot Built 1958
Last sale Sep 2003 · $721,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property includes an updated retail/office suite of approximately 1,350 square feet, configured with approximately 9-foot ceilings and sprinkler protection within the unit. The suite includes provisions for signage and features dedicated utilities, including a natural gas meter. The unit is situated on busy Route 106 (East Bacon Street) in Plainville, Massachusetts, with parking available in front of the unit. The space is suited for small business retail or professional office use, subject…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$27k
Tax billed · 2024
Assessed value$1.41M
Assessed land$595k
Assessed improvement$816k
Effective rate1.88%

Value estimate

· Oct 2026
$960k
$864k – $1.06M
Submarket $/SF estimate$3.19M
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$876
Operating expenses−$10k
NOI · 1,148.70% cap applied$23k

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$164/SF
County average, outlier-cleaned · 146 recorded sales of this use type
Observed band · Q1–Q3$103 – $222
Qualifying comparables18

Cap rate analysis

How does the asset earn?
1,148.70%
$23k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IB
Signs in industrial districts. In Districts IA and IB, the following signs are permitted: (1) One sign mounted on the face or roof of the...
General categoryINDUSTRIAL
JurisdictionPLAINVILLE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.2
Electrical Service9.8
Bakery9.2

Location

1 George St, Unit 2B Plainville, MA 02762
County assessor Recorded deeds · 5 transfers 18 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 11 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
33 Bacon, Plainville, MA 02762-2418 $3,304,000 Nov 2022 71,062 SF
5 Commerce, Plainville, MA 02762-1532 $32,312,747 May 2020 174,658 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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