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Property profile & analytics
FOR LEASE
Medical Office Space
1 Trowbridge Rd Bourne, MA 02532
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US38-1323082
For Lease
1 / 12
$70,400 SF/Yr
1 Trowbridge Rd, Bourne, MA 02532
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2003
Construction
FRAME
Total area
39,989 SF
Lot
1.9 ac (82,739 SF)
APN
BOUR M:24.3 P:22
UPID
US38-1323082
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
-
Kinlin Grover Compass Real Estate Real Estate Agency
-
Salon Belor Hair Salon Nail Salon
-
Bourne Primary Care Physician
-
Cape Cod Healthcare Lab Services - Bourne Medical Clinic
-
Bourne Health Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$775k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$1.20M
Owner & transaction history
1 Trowbridge Road LLC · 19 yrs held
1 Trowbridge Road LLC
since 2006
7 recorded transactions
Zoning & alternative use
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 Bourne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bourne 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
$775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.20M
Range $1.08M – $1.31M · ±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
$30 / 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
$27,835
Tax year 2024
Assessed value
$3,470,700
Assessed 2024
Previous assessed
$3,470,700
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$1,038,200
Assessed improvement
$2,432,500
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
2003
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Total area
39,989 SF
Lot
1.9 ac (82,739 SF)
APN
BOUR M:24.3 P:22
UPID
US38-1323082
Jurisdiction
BOURNE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2003
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
1.9 ac
Current owner
From public records · entity-resolved
1 Trowbridge Road LLC
Entity
Mailing address
76 MASHNEE RD, BOURNE, MA 02532-3532
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2022
—
1 Trowbridge Road LLC
—
Deed
related
$2,700,000 · Rockland Trust Co
May 17, 2012
—
1 Trowbridge Road LLC
—
Deed Of Trust
related
$3,525,000 · Sovereign Bank
Feb 8, 2008
—
1 Trowbridge Road LLC
—
Deed Of Trust
related
$3,400,000 · Sovereign Bank
Nov 28, 2006
—
1 Trowbridge Road LLC
—
Deed Of Trust
related
$240,000 · Rockland Trust Co
Jul 21, 2006
$1
1 Trowbridge Road LLC
1 Trowbridge Road RT
Grant Deed
—
Jun 27, 2003
—
Trombridge Rd RT One
—
Deed Of Trust
related
$200,000 · Rockland Trust Co
May 8, 2002
—
Trowbridge Rd RT
—
Deed Of Trust
related
$2,500,000 · Rockland Trust Co
Oct 5, 1999
$335,000
Trowbridge Rd RT
Papp Ft
Grant Deed
—
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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