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Property profile & analytics
OFF-MARKET
Estimated value
$1,075,000
Manufacturing properties
10 Riverside Ave Somerset, MA 02725-2869
Individually Owned
Free & Clear
Property ID
US38-1623007
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1900
Total area
15,863 SF
Lot
0.65 ac (28,314 SF)
Zoning code
C
APN
SOME M:0A7 L:0035
UPID
US38-1623007
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
$1.22M
Blend (final)
Blend
$1.08M
Owner & transaction history
Nicola Ferrara
Nicola Ferrara
since 2025
6 recorded transactions
Zoning & alternative use
C · Somerset, 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 Somerset submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Somerset 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
RETAIL STORES
$1,690,000
Change: -6% · Conversion: Moderate
OFFICE BUILDING
$1,560,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±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
$68 / 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
$11,349
Tax year 2024
Assessed value
$445,600
Assessed 2024
Previous assessed
$426,400
+4.5% YoY
Effective rate
2.55%
On assessed value
Assessed land
$109,100
Assessed improvement
$336,500
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
1900
Heating
SPACE
Buildings
2
Stories
1
Units
1
Total area
15,863 SF
Lot
0.65 ac (28,314 SF)
Zoning code
C
APN
SOME M:0A7 L:0035
UPID
US38-1623007
Jurisdiction
SOMERSET
Zoning & alternative use
C · Somerset, MAZoning C · permitted uses
C · Somerset, MA
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
RETAIL STORES
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES
OFFICE BUILDING
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
1900
Heating
SPACE
Stories
1
Buildings
2
Units
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
Nicola Ferrara
Individual
Free & Clear · 0 yrs held
Mailing address
10 RIVERSIDE AVE, SOMERSET, MA 02725-2869
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Aug 28, 2025
—
Nicola Ferrara
Somerset Town Of
Deed
related
—
Jul 12, 1999
—
Nicola Ferrara
—
Deed Of Trust
related
$80,000 · Jobs For Fall River
May 21, 1999
—
Nicola Ferrara
—
Deed Of Trust
related
$320,000 · Bankboston Development Co LLC
Mar 29, 1996
—
Nicola Ferrara
—
Deed Of Trust
related
$700,000 · Bankboston Development Co LLC
Nov 22, 1989
—
Nicola Ferrara
—
Deed Of Trust
related
$350,000 · Baybank Southeast
Oct 8, 1987
—
Nicola Ferrara
—
Deed Of Trust
related
$100,000 · Baybank Southeast
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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