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Property profile & analytics
OFF-MARKET
Estimated value
$1,160,000
Hospitals
11 Brg Approach St, Bourne, MA 02532-5643
Entity Owned
Free & Clear
Property ID
US38-1402025
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
2006
Construction
FRAME
Total area
9,430 SF
Lot
1.88 ac (81,893 SF)
APN
BOUR M:20.4 P:1
UPID
US38-1402025
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
-
Cape Cod Veterinary Specialist: Beaver Daniel P DVM Veterinary Clinic
-
Cape Cod Veterinary Specialist: Bulmer Barret J DVM Veterinary Clinic
-
Cape Cod Veterinary Specialist: O'Donnell Cathleen DVM Veterinary Clinic
-
Cape Cod Veterinary Specialist: Smith Katherine DVM Veterinary Clinic
-
Cape Cod Veterinary Specialist: Fulks Michelle DVM Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$1.16M
Owner & transaction history
Keeper II-bourne II LLC
Keeper II-bourne II LLC
since 2025
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.7M
+80.2%
Office building
$1.6M
+63.7%
Commercial (general)
$1.2M
+19.3%
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 Bourne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bourne 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
MEDICAL BUILDING
$965,000
Current use
INDUSTRIAL (GENERAL)
$1,735,000
Change: +80% · Conversion: Difficult
OFFICE BUILDING
$1,575,000
Change: +64% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,150,000
Change: +19% · Conversion: Easy
RESTAURANT
$955,000
Change: -1% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$955,000
Change: -1% · Conversion: Moderate
RETAIL STORES
$885,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.16M
Range $1.04M – $1.28M · ±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
$123 / 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
$20,406
Tax year 2024
Assessed value
$2,544,400
Assessed 2024
Previous assessed
$2,544,400
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$1,126,500
Assessed improvement
$1,417,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
2006
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
9,430 SF
Lot
1.88 ac (81,893 SF)
APN
BOUR M:20.4 P:1
UPID
US38-1402025
Jurisdiction
BOURNE
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
MEDICAL BUILDING Current
Est. value
$965,000
INDUSTRIAL (GENERAL)
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.2M
RESTAURANT
Est. value
$955,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$955,000
RETAIL STORES
Est. value
$885,000
MEDICAL BUILDING Current
INDUSTRIAL (GENERAL)
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
2006
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
1.88 ac
Current owner
From public records · entity-resolved
Keeper II-bourne II LLC
Entity
Free & Clear · 0 yrs held
Mailing address
31 OTIS AVE, COHASSET, MA 02025-2024
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2025
—
Keeper II Bourne LLC
—
Deed
related
$7,670,000 · Needham Bank
Jul 17, 2025
—
Keeper II-bourne II LLC
Bourne Bridge Approach RT
Quitclaim Deed
related
—
Dec 6, 2007
—
Bourne Bridge Approach RT
—
Deed Of Trust
related
$1,152,000 · Bay Colony Dev Corp
Jul 14, 2006
—
Bourne Brg Approach RT
—
Deed Of Trust
related
$3,575,250 · Ben Franklin Savings Bank
Sep 6, 2005
$520,000
Bourne Brg Approach RT
Dimodica Ft
Grant Deed
$416,000 · Industrial Cu
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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