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Property profile & analytics
OFF-MARKET
Estimated value
$6,515,000
Manufacturing properties
120 Industrial Dr, Holden, MA 01520
Individually Owned
33-yr Hold
~
Est. High Equity
Property ID
US38-0709783
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1986
Construction
STEEL FRAME
Total area
103,200 SF
Lot
13.02 ac (567,076 SF)
Zoning code
I
APN
HOLD M:187 B:56
UPID
US38-0709783
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
-
Woodmeister Master Builders General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.60M
Blend (final)
Blend
$6.52M
Owner & transaction history
Colex RT · 33 yrs held
Colex RT
since 1992
6 recorded transactions
Zoning & alternative use
I · Holden, MA
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 Holden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Holden 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$8,260,000
Current use
Blend value · Realmo final
$6.52M
Range $5.86M – $7.17M · ±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
$63 / 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
$72,448
Tax year 2024
Assessed value
$5,120,000
Assessed 2024
Previous assessed
$5,120,000
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$402,000
Assessed improvement
$4,718,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
103,200 SF
Lot
13.02 ac (567,076 SF)
Zoning code
I
APN
HOLD M:187 B:56
UPID
US38-0709783
Jurisdiction
HOLDEN
Zoning & alternative use
I · Holden, MA
Zoning I · permitted uses
I · Holden, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Holden. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$8.3M
INDUSTRIAL (GENERAL) Current
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
1986
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
13.02 ac
Current owner
From public records · entity-resolved
Colex RT
Individual
Mailing address
120 INDUSTRIAL DR, HOLDEN, MA 01520
Ownership since
1992
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
Aug 9, 2011
—
Astro Props LLC
—
Deed Of Trust
related
$2,400,000 · Country Bank
Nov 29, 2007
—
Astro Realty Co
—
Deed Of Trust
related
$500,000 · Country Bank
May 9, 2000
—
Astro Realty Co
—
Deed Of Trust
related
$2,300,000 · Flagship Bank & Trust
Dec 2, 1994
—
Astro Realty Co
—
Deed Of Trust
related
$2,300,000 · Misc Other
Jul 20, 1992
$1,140,000
Colex RT
Atco RT
Grant Deed
—
Jun 19, 1987
—
Astro Rlty Co
—
Deed Of Trust
related
$562,302 · Guaranty 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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