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Property profile & analytics
OFF-MARKET
Estimated value
$3,860,000
Office buildings
1 Grant St, Framingham, MA 01702-6764
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-0428476
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1919
Construction
CONCRETE
Total area
63,224 SF
Lot
0.86 ac (37,549 SF)
Zoning code
CB
APN
FRAM M:128 B:06 L:0604 U:000
UPID
US38-0428476
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
-
South Bay Community Services Medical Clinic
-
Program RISE Medical Clinic
-
Alira Health Business Management Consultant
-
Tetra Tech Engineering Consultant Marketing Consultant
-
Kephera Diagnostics Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.53M
Blend (final)
Blend
$3.86M
Owner & transaction history
Howard 1 Grant LLC · 9 yrs held
Howard 1 Grant LLC
since 2017
3 recorded transactions
Zoning & alternative use
CB · Framingham, 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 Framingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Framingham 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.86M
Range $3.47M – $4.25M · ±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
$61 / 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
$151,060
Tax year 2024
Assessed value
$5,944,900
Assessed 2024
Previous assessed
$5,944,900
+0.0% YoY
Effective rate
2.54%
On assessed value
Assessed land
$252,900
Assessed improvement
$5,692,000
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
1919
Construction
CONCRETE
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
7
Bathrooms
8
Total area
63,224 SF
Lot
0.86 ac (37,549 SF)
Zoning code
CB
APN
FRAM M:128 B:06 L:0604 U:000
UPID
US38-0428476
Jurisdiction
FRAMINGHAM
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
CB · Framingham, MA
Zoning CB · permitted uses
CB · Framingham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Framingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1919
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
7
Bathrooms
8
Lot
0.86 ac
Current owner
From public records · entity-resolved
Howard 1 Grant LLC
Entity
Mailing address
40 MECHANIC ST STE #300, MARLBOROUGH, MA 01752-4425
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2021
—
Howard 1 Grant LLC
—
Deed
related
$13,200,000 · Avidia Bank
Feb 21, 2017
$4,200,000
Howard 1 Grant LLC
Framingham 300 Howard
Quit Claim Arm's Length For Ne States
$4,300,000 · Avidia Bank
Nov 7, 2005
—
Framingham 300 Howard LLC
—
Deed Of Trust
related
$10,300,000 · Sovereign Bank
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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