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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Commercial real estate
10 Riedell Rd Douglas, MA 01516-2146
Entity Owned
32-yr Hold
Free & Clear
Property ID
US38-1601254
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1955
Construction
FRAME
Total area
6,080 SF
Lot
1.16 ac (50,486 SF)
Zoning code
C
APN
DOUG M:0187 B:0000029 L:
UPID
US38-1601254
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
-
Ben's Container & Rubbish Service Waste Management Facility
-
Monalex Manufacturing, Inc. Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$845k
Comparable Approach
Comparable
$561k
Blend (final)
Blend
$665k
Owner & transaction history
Riedell Brook Dev Corp · 32 yrs held
Riedell Brook Dev Corp
since 1994
2 recorded transactions
Zoning & alternative use
C · Douglas, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$955,000
+42.6%
Auto repair, garage
$935,000
+39.4%
Office building
$825,000
+23.6%
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 Douglas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Douglas 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%
$915,000
6.5%
$845,000
7%
$785,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$670,000
Current use
RETAIL STORES
$955,000
Change: +43% · Conversion: Easy
AUTO REPAIR, GARAGE
$935,000
Change: +39% · Conversion: Difficult
OFFICE BUILDING
$825,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$765,000
Change: +15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$730,000
Change: +9% · Conversion: Moderate
WAREHOUSE, STORAGE
$610,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$665k
Range $599k – $732k · ±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
$109 / 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
$15,991
Tax year 2024
Assessed value
$1,182,800
Assessed 2024
Previous assessed
$1,182,800
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$135,600
Assessed improvement
$1,047,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1955
Construction
FRAME
Heating
FORCED AIR
Buildings
3
Stories
1
Units
1
Bathrooms
1
Total area
6,080 SF
Lot
1.16 ac (50,486 SF)
Zoning code
C
APN
DOUG M:0187 B:0000029 L:
UPID
US38-1601254
Jurisdiction
DOUGLAS
Zoning & alternative use
C · Douglas, MA
Zoning C · permitted uses
C · Douglas, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Douglas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$670,000
RETAIL STORES
Est. value
$955,000
AUTO REPAIR, GARAGE
Est. value
$935,000
OFFICE BUILDING
Est. value
$825,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$765,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$730,000
WAREHOUSE, STORAGE
Est. value
$610,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1955
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
3
Units
1
Bathrooms
1
Lot
1.16 ac
Current owner
From public records · entity-resolved
Riedell Brook Dev Corp
Entity
Free & Clear · 32 yrs held
Mailing address
14 WW ST, DOUGLAS, MA 01516-2122
Ownership since
1994
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 1994
$52,500
Riedell Brook Dev Corp
Guaranteed Bldrs & Dev
Grant Deed
—
Apr 29, 1987
—
Leonard M Vassar
—
Deed Of Trust
related
$45,000 · Consumers Saving 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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