Back to Search
Property profile & analytics
OFF-MARKET
Auto shops
1100 Cpe St Lee, MA 01238
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US38-1388881
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1997
Total area
2,400 SF
Lot
2.81 ac (122,404 SF)
Zoning code
RB
APN
LEEE M:021 B:00 L:0000-0073.C
UPID
US38-1388881
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
-
Babcock Restorations Inc Construction Company
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
David W Babcock · 19 yrs held
David W Babcock
since 2006
7 recorded transactions
Zoning & alternative use
RB · Lee, 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 Lee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lee 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 2024Property tax & assessments
Tax year 2024
Tax billed
$3,653
Tax year 2024
Assessed value
$325,000
Assessed 2024
Previous assessed
$296,600
+9.6% YoY
Effective rate
1.12%
On assessed value
Assessed land
$197,000
Assessed improvement
$128,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1997
Heating
NONE
Buildings
1
Total area
2,400 SF
Lot
2.81 ac (122,404 SF)
Zoning code
RB
APN
LEEE M:021 B:00 L:0000-0073.C
UPID
US38-1388881
Jurisdiction
LEE
Zoning & alternative use
RB · Lee, MA
Zoning RB · permitted uses
RB · Lee, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Buildings
1
Lot
2.81 ac
Current owner
From public records · entity-resolved
David W Babcock
Individual
Mailing address
285 THERESA TER, LEE, MA 01238-9369
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2010
—
David W Babcock
—
Deed Of Trust
related
$30,000 · Lee Bank
Nov 6, 2006
$262,000
David W Babcock
Scapin,michael A
Grant Deed
$209,600 · Lee Bank
Apr 1, 2003
$170,000
Michael A Scapin
Drake,gerald E
Grant Deed
$136,000 · Greylock FCU
Apr 1, 2003
—
Scapin,michael A
—
Grant Deed
related
$16,000 · Gerald E Drake JR
Jun 14, 1996
$13,000
Gerald E Drake JR.
First Natl Berkshire
Grant Deed
$8,000 · First Natl Bk Berkshr
Apr 5, 1991
$5,000
Gerald E Drake JR.
Drake,edwin O JR
Grant Deed
related
—
Aug 9, 1988
—
Edwin O Drake JR
—
Deed Of Trust
related
$72,000 · Lee National Bank
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 1100 Cpe 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.
