Property profile

1040 Main St 1048 Bellingham, MA 02019

OFF-MARKET
Commercial real estate
Property ID
US38-0217792
8,124 SF 97.34 ac lot Built 1983
Entity Owned 3-yr Hold
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1983
Construction FRAME
Total area 8,124 SF
Lot 97.34 ac (4,240,130 SF)
APN BELL M:0059 B:0005 L:0000
UPID US38-0217792

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Rehabilitation Center Addiction Treatment Center

Location

1040 Main St, Unit 1048 Bellingham, MA 02019-1702
Bellingham metro Census 443104 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.59M
CAP Approach CAP
$1.21M
Comparable Approach Comparable
$2.02M
Blend (final) Blend
$1.58M

Owner & transaction history

since 2022
Last sale
$1.5M
7 recorded transactions
2022
$1.5M
2020
Price N/A
2019
$5,250
2012
Price N/A
2011
$713,500
2007
Price N/A
2001
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $2.4M +87.8%
Retail stores $2.4M +87.4%
Apartment house (5+ units) $2.3M +83.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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