Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$12,690,000
Automotive properties
1200 Worcester Rd Framingham, MA 01702-5208
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-1671587
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1973
Construction
STEEL FRAME
Total area
39,290 SF
Lot
3.98 ac (173,369 SF)
Zoning code
B
APN
FRAM M:099 B:03 L:5560 U:000
UPID
US38-1671587
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
-
Landscaping contractors,stone walls and lawn care services in Massachusetts Landscaping General Contractor
-
Ford Service Auto Repair Shop
-
McGovern Ford of Framingham Parts Auto Parts Store
-
McGovern Ford of Framingham Service Auto Repair Shop
-
McGovern Ford of Framingham Car Dealership Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.80M
Blend (final)
Blend
$12.69M
Owner & transaction history
Mag Re Hldg Framingham · 5 yrs held
Mag Re Hldg Framingham
since 2020
Last sale
$12.5M
7 recorded transactions
Zoning & alternative use
B · Framingham, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.4M
+3.2%
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 Framingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Framingham 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
$13,570,000
ML approach
$11,080,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$11,060,000
Current use
RESTAURANT
$11,405,000
Change: +3% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$10,885,000
Change: -2% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$9,055,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$12.69M
Range $11.42M – $13.96M · ±10% · vs last sale $12.50M (Oct 30 2020)
Last sale anchor
$12.50M
Oct 30 2020
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
$323 / 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
$203,872
Tax year 2024
Assessed value
$8,023,300
Assessed 2024
Previous assessed
$8,023,300
+0.0% YoY
Effective rate
2.54%
On assessed value
Assessed land
$1,910,800
Assessed improvement
$6,112,500
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1973
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
39,290 SF
Lot
3.98 ac (173,369 SF)
Zoning code
B
APN
FRAM M:099 B:03 L:5560 U:000
UPID
US38-1671587
Jurisdiction
FRAMINGHAM
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
B · Framingham, MA
Zoning B · permitted uses
B · Framingham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Framingham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$11.1M
RESTAURANT
Est. value
$11.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.1M
AUTO REPAIR, GARAGE Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1973
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
3.98 ac
Current owner
From public records · entity-resolved
Mag Re Hldg Framingham
Individual
Mailing address
4 HIGH ST STE #206, NORTH ANDOVER, MA 01845-2678
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2026
—
Framingham Mag
—
Deed
related
$73,340,000 · Needham Bank
Oct 5, 2023
—
Mag Re Hldg-framingham
—
Deed
related
$654,000,000 · Truist Bank
Oct 18, 2021
—
Mag Re Hldg Framingham
—
Deed
related
$10,400,000 · Wells Fargo Bank NA
Oct 30, 2020
$12,500,000
Mag Re Hldg Framingham
1200 Worcester Road LLC
Quit Claim Arm's Length For Ne States
$10,625,000 · Truist Bank
Dec 29, 1999
—
1200 Worcester Rd LLC
—
Deed Of Trust
related
$400,000 · Ford Motor Credit Co
Jan 30, 1998
—
1200 Worcester Rd LLC
—
Deed Of Trust
related
$3,600,000 · Ford Motor Credit Co
Feb 9, 1996
—
Worcester Rd LP 1600
—
Deed Of Trust
related
$750,000 · Ford Motor Credit Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1200 Worcester Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
