New search
Property profile & analytics
OFF-MARKET
Estimated value
$14,185,000
Manufacturing properties
108 Parker St, Newburyport, MA 01950
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US38-0957448
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1974
Construction
STEEL FRAME
Total area
133,559 SF
Lot
10.31 ac (449,104 SF)
APN
NEWP M:0079 B:0001A L:0000
UPID
US38-0957448
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
$8.73M
Blend (final)
Blend
$14.19M
Owner & transaction history
Nm Fx II LP · 1 yrs held
Nm Fx II LP
since 2025
7 recorded transactions
Zoning & alternative use
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 Newburyport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newburyport 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
Blend value · Realmo final
$14.19M
Range $12.77M – $15.60M · ±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
$106 / 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
$83,597
Tax year 2024
Assessed value
$8,384,900
Assessed 2024
Previous assessed
$7,562,200
+10.9% YoY
Effective rate
1.00%
On assessed value
Assessed land
$2,059,800
Assessed improvement
$6,325,100
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
1974
Construction
STEEL FRAME
Heating
HOT WATER
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
133,559 SF
Lot
10.31 ac (449,104 SF)
APN
NEWP M:0079 B:0001A L:0000
UPID
US38-0957448
Jurisdiction
NEWBURYPORT
Metro division
ESSEX COUNTY, 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
Building & site characteristics
From public records
Year built
1974
Construction
STEEL FRAME
Heating
HOT WATER
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
10.31 ac
Current owner
From public records · entity-resolved
Nm Fx II LP
Entity
Mailing address
245 PARK AVE FL, NEW YORK, NY 10167-0002
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2025
$6,450,754
Nm Fx II LP
Agnl Foam LP
Deed
—
Dec 27, 2019
—
Agnl Foam LP
—
Deed
related
$26,940,000 · Morgan Stanley Credit Corp
Nov 21, 2012
—
Aut Newburyport LLC
—
Deed Of Trust
related
$110,000,000 · Wells Fargo Mortgage
Mar 29, 1989
$5,000,000
Crest Hood Foam Co INC
B & C RT
Grant Deed
—
Aug 5, 1988
$229,567
B & C Realty Tr
Gould INC
Grant Deed
$1,200,000 · Zuckerman Family Nomi
Jun 30, 1988
—
B & C Realty Trust
—
Deed Of Trust
related
$1,200,000 · Zuckerman Family Nomi
Jun 15, 1988
$139,555
B&c Realty Tr
Gould INC
Grant Deed
—
Jun 10, 1988
$1,950,000
B & C Realty Trust
Alc Newburyport Ltd
Trustees Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 108 Parker St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
