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Property profile & analytics
OFF-MARKET
Medical Office Space
1 Main St, Assonet, MA 02702-1702
Entity Owned
19-yr Hold
Free & Clear
Property ID
US38-1141434
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1869
Construction
FRAME
Total area
2,294 SF
Lot
0.27 ac (11,761 SF)
Zoning code
VB
APN
FREE M:211 P:85
UPID
US38-1141434
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Magellans Cousin LLC · 19 yrs held
Magellans Cousin LLC
since 2007
7 recorded transactions
Zoning & alternative use
VB · Assonet, 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 Assonet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Assonet 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
$5,956
Tax year 2024
Assessed value
$293,100
Assessed 2024
Previous assessed
$293,100
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$137,600
Assessed improvement
$155,500
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1869
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Bathrooms
1
Total area
2,294 SF
Lot
0.27 ac (11,761 SF)
Zoning code
VB
APN
FREE M:211 P:85
UPID
US38-1141434
Jurisdiction
FREETOWN
Zoning & alternative use
VB · Assonet, MA
Zoning VB · permitted uses
VB · Assonet, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Assonet. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1869
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Bathrooms
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
Magellans Cousin LLC
Entity
Free & Clear · 19 yrs held
Mailing address
PO BOX 751, ASSONET, MA 02702-0894
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2019
—
Magellans Cousin LLC
—
Deed
related
$150,000 · Private Individual
May 4, 2007
$150,000
Magellans Cousin LLC
Rogers,patrick M
Grant Deed
—
Jan 30, 2007
$1
Thomas A Borges
Borges Bros INC
Grant Deed
—
May 11, 1999
$145,000
Patrick M Rogers
Bernard,paul A
Grant Deed
$100,000 · Department Of Hsng & Cmnty Ma
Dec 14, 1990
$2,900
Paul Bernard
Bernard,steven M
Grant Deed
related
—
Nov 22, 1988
—
Paul A Bernard
—
Deed Of Trust
related
$117,700 · Compass Bank For Savings
—
—
Magellans Cousin LLC
—
Deed Of Trust
related
$150,000 · Private Individual
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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