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Property profile & analytics
OFF-MARKET
Estimated value
$1,365,000
Super regional malls
113 Main St, Upton, MA 01568-1621
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-0582798
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1979
Construction
FRAME
Total area
11,340 SF
Lot
0.9 ac (39,204 SF)
Zoning code
1
APN
UPTO M:203 L:067
UPID
US38-0582798
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
$1.74M
Blend (final)
Blend
$1.37M
Owner & transaction history
Friendly T LLC · 6 yrs held
Friendly T LLC
since 2019
7 recorded transactions
Zoning & alternative use
1 · Upton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.1M
+49.4%
Retail stores
$1.8M
+24.3%
Auto repair, garage
$1.7M
+21.6%
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 Upton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Upton 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
NEIGHBORHOOD: SHOPPING CENTER
$1,430,000
Current use
RESTAURANT
$2,140,000
Change: +49% · Conversion: Difficult
RETAIL STORES
$1,780,000
Change: +24% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,740,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$1,540,000
Change: +8% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,360,000
Change: -5% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,250,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$1.37M
Range $1.23M – $1.50M · ±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
$120 / 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
$18,497
Tax year 2024
Assessed value
$1,352,100
Assessed 2024
Previous assessed
$1,320,800
+2.4% YoY
Effective rate
1.37%
On assessed value
Assessed land
$216,500
Assessed improvement
$1,135,600
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1979
Construction
FRAME
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
1
Units
7
Bathrooms
7
Total area
11,340 SF
Lot
0.9 ac (39,204 SF)
Zoning code
1
APN
UPTO M:203 L:067
UPID
US38-0582798
Jurisdiction
UPTON
Zoning & alternative use
1 · Upton, MA
Zoning 1 · permitted uses
1 · Upton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Upton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.4M
RESTAURANT
Est. value
$2.1M
RETAIL STORES
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1979
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Units
7
Bathrooms
7
Lot
0.9 ac
Current owner
From public records · entity-resolved
Friendly T LLC
Entity
Mailing address
875 WAVERLEY ST, FRAMINGHAM, MA 01702-6812
Ownership since
2019
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
Feb 12, 2020
—
Friendly T LLC
—
Deed
related
$875,000 · Mutualone Bank
Aug 12, 2019
—
Friendly T LLC
Friendly,t
Quit Claim Deed
related
—
Jun 7, 2019
—
Friendly T
—
Deed
related
$2,066,000 · Mutualone Bank
May 1, 2009
—
T Friendly
—
Deed Of Trust
related
$2,700,000 · Marlborough Savings Bank
Dec 11, 2008
$500,000
A L Prime Energy Cons INC
113 Main St Realty Corp
Grant Deed
—
May 9, 2005
—
T Friendly
—
Deed Of Trust
related
$150,000 · Marlborough Savings Bank
May 31, 1994
—
Friendly Trust
—
Deed Of Trust
related
$2,610,000 · Metrowest Bank
Oct 21, 1988
—
Howard A Fafard
—
Deed Of Trust
related
$5,000,000 · Home Natl Bk Of Milfd
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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