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Property profile & analytics
OFF-MARKET
Estimated value
$3,625,000
Manufacturing properties
11 Kendrick Rd, Wareham, MA 02571-1077
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US38-1478782
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1984
Construction
STEEL FRAME
Total area
30,850 SF
Lot
3 ac (130,680 SF)
APN
WARE M:00108 B:000 L:1006J
UPID
US38-1478782
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
-
Stone Path Malt Production Facility Brewery & Distillery
-
Visionaid Travel Agency Tour Operator
-
Minkle Boys Catering LLC Take-out & Catering Catering Service
-
Lensclean Inc Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.05M
Comparable Approach
Comparable
$2.34M
Blend (final)
Blend
$3.63M
Owner & transaction history
Spm Kendrick LLC · 8 yrs held
Spm Kendrick LLC
since 2017
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 Wareham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wareham 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%
$5,470,000
6.5%
$5,050,000
7%
$4,690,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,620,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$3.63M
Range $3.26M – $3.99M · ±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
$118 / 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
$22,107
Tax year 2024
Assessed value
$1,968,600
Assessed 2024
Previous assessed
$1,968,600
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$449,300
Assessed improvement
$1,519,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1984
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
4
Total area
30,850 SF
Lot
3 ac (130,680 SF)
APN
WARE M:00108 B:000 L:1006J
UPID
US38-1478782
Jurisdiction
WAREHAM
Metro division
BOSTON-QUINCY, 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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$5.6M
COMMERCIAL (GENERAL)
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
1984
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
4
Lot
3 ac
Current owner
From public records · entity-resolved
Spm Kendrick LLC
Entity
Mailing address
11 KENDRICK RD, WAREHAM, MA 02571-1077
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Dec 8, 2021
—
Spm Kendrick LLC
—
Deed
related
$500,000 · Rockland Trust Co
Sep 28, 2017
$1,575,000
Spm Kendrick LLC
Jsr Properties Michigan
Quit Claim Deed
$1,388,550 · Community Dev Commission
Apr 1, 2015
$1,600,000
Jsr Properties Michigan
Visionaid INC
Quit Claim Deed
$1,280,000 · Financial Fsb
Jun 7, 2006
—
Hl Bouton Co INC
—
Deed Of Trust
related
$100,000 · Eleanor Ann Wilbur
Mar 9, 2005
$1,350,000
H L Bouton Co INC
Kmbf Prop LLC
Grant Deed
$750,000 · Zuckerman Family Nomi
Jul 25, 2002
—
David F Miller 3rd
—
Deed Of Trust
related
$625,000 · Plymouth Savings Bank
Mar 28, 2001
$1,150,000
Kmbf Prop LLC
Hl Burton Co INC
Grant Deed
—
Mar 28, 2001
—
Kmbf Properties LLC
—
Deed Of Trust
related
$600,000 · Citizens Bank Of Ma
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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