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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Office Spaces
101 Main St Ste 205, Medford, MA 02155-4530
Entity Owned
2-yr Hold
Free & Clear
Property ID
US38-1385241
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1989
Total area
2,398 SF
APN
MEDF M:N-08 B:5209
UPID
US38-1385241
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
by Request
Blend (final)
Blend
$740k
Owner & transaction history
Lepore 101 LLC · 2 yrs held
Lepore 101 LLC
since 2023
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$675,000
+24.8%
Neighborhood: shopping center
$665,000
+22.9%
Retail stores
$645,000
+19.5%
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 Medford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Medford 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
$540,000
Current use
AUTO REPAIR, GARAGE
$675,000
Change: +25% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$665,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$645,000
Change: +20% · Conversion: Moderate
COMMERCIAL (GENERAL)
$595,000
Change: +10% · Conversion: Easy
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$309 / 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
$14,021
Tax year 2024
Assessed value
$854,400
Assessed 2024
Previous assessed
$829,700
+3.0% YoY
Effective rate
1.64%
On assessed value
Assessed improvement
$854,400
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1989
Heating
BASEBOARD
Buildings
1
Stories
1
Bathrooms
4
Total area
2,398 SF
APN
MEDF M:N-08 B:5209
UPID
US38-1385241
Jurisdiction
MEDFORD
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, 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
OFFICE BUILDING Current
Est. value
$540,000
AUTO REPAIR, GARAGE
Est. value
$675,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$665,000
RETAIL STORES
Est. value
$645,000
COMMERCIAL (GENERAL)
Est. value
$595,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
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
1989
Heating
BASEBOARD
Stories
1
Buildings
1
Bathrooms
4
Current owner
From public records · entity-resolved
Lepore 101 LLC
Entity
Free & Clear · 2 yrs held
Mailing address
117 WHITNEY RD, MEDFORD, MA 02155-2428
Ownership since
2023
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
Sep 13, 2023
—
Lepore 101 LLC
Nelida T Lepore Ret
Condominium Deed
—
Feb 1, 2021
—
Lorenzo Lepore
Lepore Ft
Condominium Deed
—
Dec 17, 2007
$1
Ft Lepore
Lepore,lorenzo
Grant Deed
—
Apr 24, 2003
—
Lorenzo Lepore
—
Deed Of Trust
related
$410,000 · Century Bank & Trust Co
Nov 15, 1989
$513,025
Lorenzo Lepore
101 Main St RT
Grant Deed
$500,000 · Medway 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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