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Property profile & analytics
OFF-MARKET
Car washes
120 Palmer Rd, Monson, MA 01057-9518
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US38-1244418
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1988
Construction
FRAME
Total area
4,324 SF
Lot
2.45 ac (106,722 SF)
Zoning code
I
APN
MONS M:130 B:001A
UPID
US38-1244418
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Michael P Shoum · 7 yrs held
Michael P Shoum
since 2018
7 recorded transactions
Zoning & alternative use
I · Monson, 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 Monson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monson 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,768
Tax year 2024
Assessed value
$243,100
Assessed 2024
Previous assessed
$238,500
+1.9% YoY
Effective rate
1.55%
On assessed value
Assessed land
$68,800
Assessed improvement
$174,300
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1988
Construction
FRAME
Heating
SPACE
Buildings
1
Stories
1
Total area
4,324 SF
Lot
2.45 ac (106,722 SF)
Zoning code
I
APN
MONS M:130 B:001A
UPID
US38-1244418
Jurisdiction
MONSON
Zoning & alternative use
I · Monson, MA
Zoning I · permitted uses
I · Monson, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
FRAME
Heating
SPACE
Stories
1
Buildings
1
Lot
2.45 ac
Current owner
From public records · entity-resolved
Michael P Shoum
Individual
Mailing address
120 PALMER RD, MONSON, MA 01057-9518
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2018
—
Michael P Shoum
—
Deed
related
$30,000 · Monson Savings Bank
Mar 22, 2013
—
Michael P Shoum
—
Deed Of Trust
related
$425,000 · Monson Savings Bank
Apr 20, 2011
—
Michael P Shoum
—
Deed Of Trust
related
$48,000 · Windsor Fsla
Sep 7, 2005
—
Michael P Shoum
—
Deed Of Trust
related
$500,000 · Windsor Fsla
Aug 7, 2003
—
Michael P Shoum
—
Deed Of Trust
related
$360,000 · Monson Savings Bank
Nov 6, 1996
—
Michael P Shoum
—
Deed Of Trust
related
$75,000 · Monson Savings Bank
May 11, 1995
—
Edward G Shoum
—
Deed Of Trust
related
$10,000 · Monson Savings Bank
Jan 13, 1995
—
Edward G Shoum
—
Deed Of Trust
related
$80,000 · Monson Savings Bank
Mar 11, 1992
—
Michael P Shoum
—
Deed Of Trust
related
$39,908 · Monson Savings Bank
Sep 18, 1987
—
Michael P Shoum
—
Deed Of Trust
related
$400,000 · Monson Savings 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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