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Property profile & analytics
OFF-MARKET
Estimated value
$16,750,000
Warehouses
116 Lundquist Dr, Braintree, MA 02184-5222
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-1819967
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1967
Construction
STEEL FRAME
Total area
50,400 SF
Lot
4.54 ac (197,762 SF)
Zoning code
IND
APN
BRAI M:1032 B:0 L:5B
UPID
US38-1819967
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
-
L&W Supply - Braintree, MA Big Box & Wholesale Store Building Supply
-
M S International Distribution Center Logistics Company
-
Resources Business Management Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$16.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.75M
Owner & transaction history
L&w Supply Corp · 1 yrs held
L&w Supply Corp
since 2024
Last sale
$16.8M
5 recorded transactions
Zoning & alternative use
IND · Braintree, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$21.6M
+148.3%
Auto repair, garage
$16.2M
+86.3%
Office building
$14.8M
+69.7%
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 Braintree submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Braintree 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
$16,750,000
ML approach
$16,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$21,630,000
Change: +148% · Conversion: Difficult
AUTO REPAIR, GARAGE
$16,230,000
Change: +86% · Conversion: Easy
OFFICE BUILDING
$14,785,000
Change: +70% · Conversion: Difficult
RETAIL STORES
$14,755,000
Change: +69% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$14,480,000
Change: +66% · Conversion: Difficult
COMMERCIAL (GENERAL)
$12,900,000
Change: +48% · Conversion: Difficult
Blend value · Realmo final
$16.75M
Range $15.08M – $18.43M · ±10% · vs last sale $16.75M (Oct 18 2024)
Last sale anchor
$16.75M
Oct 18 2024
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
$332 / 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
$90,844
Tax year 2024
Assessed value
$4,486,100
Assessed 2024
Previous assessed
$4,486,100
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$1,897,400
Assessed improvement
$2,588,700
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1967
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Stories
2
Units
1
Bathrooms
3
Total area
50,400 SF
Lot
4.54 ac (197,762 SF)
Zoning code
IND
APN
BRAI M:1032 B:0 L:5B
UPID
US38-1819967
Jurisdiction
BRAINTREE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
IND · Braintree, MA
Zoning IND · permitted uses
IND · Braintree, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Braintree. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$21.6M
AUTO REPAIR, GARAGE
Est. value
$16.2M
OFFICE BUILDING
Est. value
$14.8M
RETAIL STORES
Est. value
$14.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$14.5M
COMMERCIAL (GENERAL)
Est. value
$12.9M
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1967
Construction
STEEL FRAME
Heating
SPACE
Stories
2
Buildings
1
Units
1
Bathrooms
3
Lot
4.54 ac
Current owner
From public records · entity-resolved
L&w Supply Corp
Entity
Free & Clear · 1 yrs held
Mailing address
1 ABC PKWY STE #220, BELOIT, WI 53511-4466
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2024
$16,750,000
L&w Supply Corp
Atlantic Oliver 116 Lundq
Quit Claim Arm's Length For Ne States
—
Jul 8, 2021
—
116 Lundquist Dr LLC
—
Deed
related
$6,000,000 · Cambridge Savings Bank
Apr 1, 2021
$7,950,000
Atlantic Oliver 116 Lundq
Shaughnessy Re Invs LLC
Quit Claim Arm's Length For Ne States
—
Nov 9, 2011
$3,100,000
Shaughnessy Re Invest LLC
Resources Business Mgmt
Grant Deed
—
Aug 2, 1991
$4,000
Millard Metal Service
Heim,william E
Grant Deed
—
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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