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Property profile & analytics
OFF-MARKET
Turn key restaurants
113 Mansfield Ave, Norton, MA 02766-2209
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US38-1314534
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1985
Construction
FRAME
Total area
2,520 SF
Lot
4.72 ac (205,603 SF)
APN
NORT M:16 P:59
UPID
US38-1314534
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
-
Jasmine Garden Restaurant Restaurant
-
Lakeside Gardens Garden Center
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
Zhang&chen INC · 8 yrs held
Zhang&chen INC
since 2018
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 Norton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norton 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
$9,633
Tax year 2024
Assessed value
$696,000
Assessed 2024
Previous assessed
$682,000
+2.1% YoY
Effective rate
1.38%
On assessed value
Assessed land
$293,500
Assessed improvement
$402,500
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1985
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
2,520 SF
Lot
4.72 ac (205,603 SF)
APN
NORT M:16 P:59
UPID
US38-1314534
Jurisdiction
NORTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1985
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
4.72 ac
Current owner
From public records · entity-resolved
Zhang&chen INC
Entity
Mailing address
87 BILLINGS ST, QUINCY, MA 02171-1946
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2018
$470,000
Zhang&chen INC
113 Mansfield Avenue R
Quit Claim Arm's Length For Ne States
$235,000 · Coastal Heritage Bank
Jan 9, 2017
—
Wayne Tsang
—
Deed
related
$270,000 · East West Bank
Oct 20, 2006
—
113 Mansfield Ave RT
—
Grant Deed
related
$650,000 · Zions First National Bank
Jun 29, 2006
—
Mansfield Ave 113
—
Deed Of Trust
related
$250,000 · Rockland Trust Co
Jul 25, 1997
—
113 Mansfield Ave RT
—
Deed Of Trust
related
$250,000 · Rockland Trust Co
Dec 18, 1995
$150,000
113 Masnfield Ave RT
Diversified Fncl Sys
Grant Deed
$150,000 · Bankboston Development Co LLC
Jun 16, 1992
—
Howard M Horton
—
Deed Of Trust
related
$150,000 · David A Hortan
Jul 12, 1989
$190,000
Howard M Horton
Stivaletta,edward M
Grant Deed
—
Aug 11, 1988
$325,000
Edw N Stivoletta
Danner,wilbur L
Grant Deed
$320,000 · Bank Of N E South
Dec 30, 1987
$152,000
Thomas F Cook III
Stivaletta,edward M
Grant Deed
$136,800 · Commonwealth United Mtg Co
Sep 9, 1987
$114,000
Walter F Gallery
Stivaletta,e M
Grant Deed
$91,200 · Home Savings Of America
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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