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Property profile & analytics
OFF-MARKET Estimated value $1,285,000
Showrooms

12 Riv St Framingham, MA 01702

11,000 SF 1.23 ac lot Built 1963
Individually Owned Absentee Owner Free & Clear
Property ID
US38-1133395
Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1963
Construction STEEL FRAME
Total area 11,000 SF
Lot 1.23 ac (53,622 SF)
Zoning code B-2
APN FRAM M:111 B:51 L:4768 U:000
UPID US38-1133395
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
$1.23M
Blend (final) Blend
$1.29M
Owner & transaction history
ALLEN M GLICK
ALLEN M GLICK
Zoning & alternative use
B-2 · Framingham, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B-2), General Business (B-3 and B-4), Central Business (CB), and Business (B). (1) Neighborhood Business: B-1. The purpose of the Neighborhood Business District is to preserve and encourage the provision of small-scale retail and service uses for nearby residential areas. Development within this district is intended to be pedestrian-oriented and compatible w…

Zone name Community Business
General category COMMERCIAL
Zone area 44.07 ac
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