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Property profile & analytics
OFF-MARKET
Estimated value
$9,230,000
Manufacturing properties
10 Liberty Way, Franklin, MA 02038-2556
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1104877
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1987
Construction
STEEL FRAME
Total area
54,583 SF
Lot
5 ac (217,800 SF)
APN
FRAN M:320 L:001
UPID
US38-1104877
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
-
Walden Liberty Solar Production Facility
-
The Taylor Group Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.79M
CAP Approach
CAP
$8.93M
Comparable Approach
Comparable
$5.90M
Blend (final)
Blend
$9.23M
Owner & transaction history
Lrf2 Bos Liberty Way LLC · 4 yrs held
Lrf2 Bos Liberty Way LLC
since 2022
Last sale
$9.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$14.0M
+56.1%
Warehouse, storage
$9.4M
+5.4%
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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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
$10,460,000
ML approach
$8,790,000
CAP Approach
CAP Return
Estimation
6%
$9,675,000
6.5%
$8,930,000
7%
$8,295,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$8,950,000
Current use
COMMERCIAL (GENERAL)
$13,970,000
Change: +56% · Conversion: Difficult
WAREHOUSE, STORAGE
$9,435,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$9.23M
Range $8.31M – $10.15M · ±10% · vs last sale $9.60M (Jan 21 2022)
Last sale anchor
$9.60M
Jan 21 2022
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
$169 / 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
$51,195
Tax year 2024
Assessed value
$4,342,200
Assessed 2024
Previous assessed
$4,342,200
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,738,800
Assessed improvement
$2,603,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Stories
1
Units
3
Bathrooms
7
Total area
54,583 SF
Lot
5 ac (217,800 SF)
APN
FRAN M:320 L:001
UPID
US38-1104877
Jurisdiction
FRANKLIN
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$9.0M
COMMERCIAL (GENERAL)
Est. value
$14.0M
WAREHOUSE, STORAGE
Est. value
$9.4M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
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
1987
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
1
Units
3
Bathrooms
7
Lot
5 ac
Current owner
From public records · entity-resolved
Lrf2 Bos Liberty Way LLC
Entity
Mailing address
13218 W BROWARD BLVD, PLANTATION, FL 33325-2228
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2022
—
Lrf 2 Bos Liberty Way LLC
—
Deed
related
$64,105,000 · Us Bank NA
Jan 21, 2022
$9,600,000
Lrf2 Bos Liberty Way LLC
Liberty RT
Quit Claim Arm's Length For Ne States
—
Jan 28, 2021
—
Liberty RT
—
Deed
related
$1,130,000 · Digital FCU
Nov 9, 2011
—
Liberty RT
—
Deed Of Trust
related
$1 · Walpole Coop Bank
Jan 31, 2006
—
Liberty RT
—
Deed Of Trust
related
$525,000 · Walpole Coop Bank
Aug 19, 2003
—
Liberty RT
—
Deed Of Trust
related
$1,500,000 · Walpole Coop Bank
Aug 2, 1996
—
Liberty RT
—
Deed Of Trust
related
$762,000 · South Shore Econo Dev
May 7, 1996
$1,550,000
Liberty RT
Parker Products INC
Grant Deed
$925,000 · Grove Bank
May 7, 1996
—
Liberty RT
—
Deed Of Trust
related
$740,000 · Grove 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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