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Property profile & analytics
OFF-MARKET
Warehouses
109 Gilbertville Rd, Ware, MA 01082-9201
Entity Owned
14-yr Hold
Free & Clear
Property ID
US38-1561413
Property profile
Verified
Property type
Warehouses
Use group
BULK STORAGE, TANKS
Year built
1967
Construction
FRAME
Total area
2,480 SF
Lot
1.73 ac (75,359 SF)
Zoning code
RB
APN
WARE M:00036 B:00000 L:00029
UPID
US38-1561413
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
Current use
Occupant on record · Public records
-
E. Osterman Propane Inc. Propane Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Osterman Propane LLC · 14 yrs held
Osterman Propane LLC
since 2011
5 recorded transactions
Zoning & alternative use
RB · Ware, 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 Ware submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ware 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,578
Tax year 2023
Assessed value
$323,200
Assessed 2023
Previous assessed
$323,200
+0.0% YoY
Effective rate
1.73%
On assessed value
Assessed land
$135,000
Assessed improvement
$188,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Warehouses
Use group
BULK STORAGE, TANKS
Status
Off-Market
Year built
1967
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
3
Total area
2,480 SF
Lot
1.73 ac (75,359 SF)
Zoning code
RB
APN
WARE M:00036 B:00000 L:00029
UPID
US38-1561413
Jurisdiction
WARE
Zoning & alternative use
RB · Ware, MA
Zoning RB · permitted uses
RB · Ware, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ware. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
3
Lot
1.73 ac
Current owner
From public records · entity-resolved
Osterman Propane LLC
Entity
Free & Clear · 14 yrs held
Mailing address
PO BOX 29, WHITINSVILLE, MA 01588-0029
Ownership since
2011
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
Mar 27, 2013
—
Osterman Propane LLC
—
Deed Of Trust
related
$250,000,000 · Deutsche Bank
Dec 7, 2011
—
Osterman Propane LLC
—
Deed Of Trust
related
$1 · Wells Fargo Mortgage
Oct 4, 2011
$889,000
Osterman Propane LLC
Osterman Realty Of Ware
Grant Deed
—
Jun 3, 2010
$1
Osterman Rlty Of Ware LLC
Rondeau,jane M
Grant Deed
—
Jul 10, 2003
$850,000
Osterman Rlty Of Ware LLC
Rondeau,jane M
Grant 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.
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