1054 County St Somerset, MA 02726-5138
Property profile & analytics
1054 County St Somerset, MA 02726-5138
- Investment properties
- 3,871 SF
- 0.19 lot acres
Property ID
US38-0378472
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Investment properties
Property Details for 1054 County St
- Year built
- 1935
- Lot size
- 0.19 lot acres
- Property size
- 3,871 SF
- Zone code
- C
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- SOME M:0C2 L:0105
- APU
- SOMEM0C2L0105
Description
This exceptional investment opportunity presents a stabilized, mixed-use portfolio comprising two Class A medical office buildings totaling 5,235 square feet, located in Somerset and Milton, Massachusetts. The portfolio is anchored by Baystate Physical Therapy, a reputable tenant with a significant presence across five states, operating under long-term net leases. The Somerset property, situated at 1054 County St, Somerset, MA 02726, features a 10-year lease with 2% annual rent increases commencing in year five, and two five-year options with 3% annual rent increases. This location also includes a 900-square-foot residential apartment. The Milton property, located at 191 Blue Hills Pkwy, Milton, MA 02186, boasts a lease extending to August 2030, initially a 5-year lease with two five-year options, each including a 9% rent increase. This property also includes two residential units totaling 1,400 square feet. The portfolio offers a compelling 7.65% capitalization rate and a total asking price of $1,681,255, translating to $321.16 per square foot. The strong tenant, long-term leases with built-in rent increases, and option periods provide investors with a secure and predictable cash flow, making this a highly desirable investment opportunity. The portfolio's NOI is $128,616. The sale is structured to accommodate a 1031 exchange.
Value Estimations
based on Realmo’s proprietary methodology
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Somerset
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.1442
- Latitude
- 41.7476
- CBSA code
- 39300
- CBSA name
- PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$0.00
$154,800
$155,500
$310,300
-
$0.00
$0.00
$0.00
