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Property profile & analytics
OFF-MARKET
Estimated value
$2,345,000
Super regional malls
1157 Main St, Randolph, MA 02368-2135
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-1037396
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1960
Construction
STEEL FRAME
Total area
10,672 SF
Lot
0.69 ac (30,186 SF)
Zoning code
NRBD
APN
RAND M:06 B:C L:00636-39
UPID
US38-1037396
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
$2.56M
CAP Approach
CAP
$3.02M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.35M
Owner & transaction history
Kimlinh LLC · 5 yrs held
Kimlinh LLC
since 2021
Last sale
$1.8M
6 recorded transactions
Zoning & alternative use
NRBD · Randolph, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.0M
+297.8%
Restaurant
$1.9M
+283.3%
Office building
$1.5M
+210.6%
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 Randolph submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Randolph 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
$2,475,000
ML approach
$2,560,000
CAP Approach
CAP Return
Estimation
6%
$3,275,000
6.5%
$3,020,000
7%
$2,805,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,975,000
Change: +298% · Conversion: Easy
RESTAURANT
$1,900,000
Change: +283% · Conversion: Difficult
OFFICE BUILDING
$1,540,000
Change: +211% · Conversion: Moderate
Blend value · Realmo final
$2.35M
Range $2.11M – $2.58M · ±10% · vs last sale $1.84M (May 21 2021)
Last sale anchor
$1.84M
May 21 2021
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
$220 / 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
$35,523
Tax year 2024
Assessed value
$1,602,300
Assessed 2024
Previous assessed
$1,512,200
+6.0% YoY
Effective rate
2.22%
On assessed value
Assessed land
$432,600
Assessed improvement
$1,169,700
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
1960
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
5
Bathrooms
7
Total area
10,672 SF
Lot
0.69 ac (30,186 SF)
Zoning code
NRBD
APN
RAND M:06 B:C L:00636-39
UPID
US38-1037396
Jurisdiction
RANDOLPH
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
NRBD · Randolph, MA
Zoning NRBD · permitted uses
NRBD · Randolph, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Randolph. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$2.0M
RESTAURANT
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.5M
RETAIL STORES
RESTAURANT
OFFICE BUILDING
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
1960
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
5
Bathrooms
7
Lot
0.69 ac
Current owner
From public records · entity-resolved
Kimlinh LLC
Entity
Mailing address
11 T J MULLANEY DR, RANDOLPH, MA 02368-2535
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2021
$1,835,000
Kimlinh LLC
Norand RT
Quit Claim Arm's Length For Ne States
$1,059,000 · Webster Bank
Oct 31, 2013
—
Norand RT
—
Deed Of Trust
related
$80,000 · Randolph Savings Bank
Nov 7, 2008
—
Norand RT
—
Deed Of Trust
related
$550,000 · Randolph Savings Bank
Sep 4, 1997
—
Norand RT
—
Deed Of Trust
related
$90,000 · South Weymouth Savings Bank
Oct 9, 1996
—
Feldman,marshall H Tr
—
Deed Of Trust
related
$545,000 · South Weymouth Savings Bank
Apr 1, 1991
—
Norand RT
—
Deed Of Trust
related
$450,000 · South Shore 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.
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