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Property profile & analytics
OFF-MARKET
Estimated value
$1,705,000
Office buildings
1 Park St Attleboro, MA 02703-2301
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US38-1439628
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1919
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,762 SF
Lot
0.15 ac (6,655 SF)
Zoning code
CB
APN
ATTL M:28 L:6
UPID
US38-1439628
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
$1.36M
Blend (final)
Blend
$1.71M
Owner & transaction history
Pace Energy Corp · 10 yrs held
Pace Energy Corp
since 2016
5 recorded transactions
Zoning & alternative use
CB · Attleboro, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The CB zoning district is established to accommodate a wide variety of commercial uses as well as mixed–use and residential uses, which will result in an intensive use of the City’s central business district.
Zone name
Central Business
General category
COMMERCIAL
Zone area
278.10 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$2.5M
+29.8%
Auto repair, garage
$2.3M
+16.5%
Retail stores
$2.1M
+7.4%
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 Attleboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Attleboro 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,950,000
Current use
COMMERCIAL (GENERAL)
$2,530,000
Change: +30% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,270,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$2,095,000
Change: +7% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$2,045,000
Change: +5% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,950,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,690,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.71M
Range $1.53M – $1.88M · ±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
$134 / 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
$18,355
Tax year 2024
Assessed value
$955,000
Assessed 2024
Previous assessed
$955,000
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$97,500
Assessed improvement
$857,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1919
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
STEAM
Buildings
1
Stories
2
Units
15
Total area
12,762 SF
Lot
0.15 ac (6,655 SF)
Zoning code
CB
APN
ATTL M:28 L:6
UPID
US38-1439628
Jurisdiction
ATTLEBORO
Zoning & alternative use
CB · Attleboro, MAZoning CB · permitted uses
CB · Attleboro, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The CB zoning district is established to accommodate a wide variety of commercial uses as well as mixed–use and residential uses, which will result in an intensive use of the City’s central business district.
Zone name
Central Business
General category
COMMERCIAL
Zone area
278.10 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.3M
RETAIL STORES
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$1.7M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1919
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
STEAM
Stories
2
Buildings
1
Units
15
Lot
0.15 ac
Current owner
From public records · entity-resolved
Pace Energy Corp
Entity
Mailing address
PO BOX 3388, FRAMINGHAM, MA 01705-3388
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2016
$1,050,000
Pace Energy Corp
Park 1 T
Quit Claim Arm's Length For Ne States
$625,000 · Enterprise Bank & Trust Co
Jun 17, 2004
$580,000
Thomas F Lennon
Dao,maryann Xuan
Grant Deed
$464,000 · Banknorth NA
Dec 24, 2001
$340,000
Maryann X Dao
Faulkner,robert R
Grant Deed
$242,760 · Equity One INC
May 25, 1999
—
Robert R Faulkner
—
Deed Of Trust
related
$35,000 · First Federal Savings Bank
Mar 3, 1997
—
Robert R Faulkner
—
Deed Of Trust
related
$400,000 · First Federal Savings 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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