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Property profile & analytics
OFF-MARKET
Turn key restaurants
1 Ml St Ayer, MA 01432-1230
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US38-0880654
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1965
Total area
1,748 SF
Lot
0.08 ac (3,485 SF)
Zoning code
DB
APN
AYER M:026 B:0000 L:0082
UPID
US38-0880654
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
-
Subway Take-out & Catering
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
1 Mill Street LLC · 12 yrs held
1 Mill Street LLC
since 2014
6 recorded transactions
Zoning & alternative use
DB · Ayer, 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 Ayer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ayer 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
$13,646
Tax year 2024
Assessed value
$498,400
Assessed 2024
Previous assessed
$476,400
+4.6% YoY
Effective rate
2.74%
On assessed value
Assessed land
$123,400
Assessed improvement
$375,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1965
Heating
NONE
Total area
1,748 SF
Lot
0.08 ac (3,485 SF)
Zoning code
DB
APN
AYER M:026 B:0000 L:0082
UPID
US38-0880654
Jurisdiction
AYER
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
DB · Ayer, MA
Zoning DB · permitted uses
DB · Ayer, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ayer. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Lot
0.08 ac
Current owner
From public records · entity-resolved
1 Mill Street LLC
Entity
Mailing address
7 SHERYL DR, SHREWSBURY, MA 01545-3911
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2024
—
1 Mill Street LLC
—
Deed
related
$2,600,000 · Greenfield Savings Bank
Feb 6, 2014
—
1 Mill Street LLC
Amin,chanjay
Quit Claim Deed
related
—
Nov 25, 2013
$250,000
Chanjay Amin
Son,sok S & Pus S
Quit Claim Deed
—
Feb 15, 2011
—
Sok S Son
—
Deed Of Trust
related
$50,000 · Chang O Choi
Apr 13, 2005
—
Punson Son
—
Deed Of Trust
related
$125,000 · Sovereign Bank
Jan 17, 2002
$230,000
Sok Soon Soon
Worthen Dale Rlty Corp
Grant Deed
$140,000 · Commerce Bank & Trust
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.
Try Rey
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