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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Retail properties & Spaces
117 Washington St, Plainville, MA 02762-2142
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US38-0300949
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1962
Construction
WOOD FRAME
Total area
3,460 SF
Lot
1.06 ac (46,174 SF)
Zoning code
CB
APN
PLAI M:7 L:63A
UPID
US38-0300949
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
$905k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$770k
Owner & transaction history
Rty LLC · 14 yrs held
Rty LLC
since 2012
7 recorded transactions
Zoning & alternative use
CB · Plainville, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+10.0%
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 Plainville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plainville 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%
$980,000
6.5%
$905,000
7%
$840,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,015,000
Current use
AUTO REPAIR, GARAGE
$1,115,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$770k
Range $693k – $847k · ±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
$223 / 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
$13,021
Tax year 2024
Assessed value
$693,000
Assessed 2024
Previous assessed
$693,000
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$368,000
Assessed improvement
$325,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1962
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
3
Total area
3,460 SF
Lot
1.06 ac (46,174 SF)
Zoning code
CB
APN
PLAI M:7 L:63A
UPID
US38-0300949
Jurisdiction
PLAINVILLE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
CB · Plainville, MA
Zoning CB · permitted uses
CB · Plainville, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plainville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
1962
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
3
Lot
1.06 ac
Current owner
From public records · entity-resolved
Rty LLC
Entity
Mailing address
703 LINDSEY ST, ATTLEBORO, MA 02703-1139
Ownership since
2012
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
Nov 16, 2020
—
Rty LLC
—
Deed
related
$568,000 · Rockland Trust Co
Jul 18, 2012
—
Rty LLC
—
Deed Of Trust
related
$251,000 · South Eastern Econ Dev Corp
May 22, 2012
$620,000
Rty LLC
Turnpike Lake Corp
Grant Deed
—
Sep 20, 1999
$740,000
RT Denmark
Wentworth Inst Tech
Grant Deed
—
Apr 24, 1997
$180,000
Turnpike Lake Corp
Hr One-a LP
Grant Deed
—
Apr 23, 1997
$110,000
Hr One-a LP
Bocce Rlty INC Est
Grant Deed
—
Dec 1, 1988
—
Bocce Realty INC
—
Deed Of Trust
related
$1,386,000 · Bank Of Ne Old Colony
Jun 1, 1988
$300,000
Tedan Rlty INC
Barstow,robert K
Grant Deed
$300,000 · Marquette Cu
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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