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Property profile & analytics
OFF-MARKET
Estimated value
$2,700,000
Retail space
1238 Bedford St, Abington, MA 02351-1467
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-2405593
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2010
Construction
FRAME
Total area
16,000 SF
Lot
1.34 ac (58,370 SF)
APN
ABIN M:64 L:99
UPID
US38-2405593
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
-
Dollar Tree Discount Store
-
Benjamin Moore / Drive-In Paint Mart Hardware & Home Improvement Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.03M
Blend (final)
Blend
$2.70M
Owner & transaction history
Chen & Wong Plaza LLC · 1 yrs held
Chen & Wong Plaza LLC
since 2025
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.2M
+27.1%
Industrial (general)
$3.6M
+9.5%
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 Abington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Abington 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
$2,475,000
ML approach
$2,495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,320,000
Current use
RESTAURANT
$4,220,000
Change: +27% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,635,000
Change: +9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,310,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$3,230,000
Change: -3% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,915,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$2.70M
Range $2.43M – $2.97M · ±10% · vs last sale $2.75M (Jan 16 2025)
Last sale anchor
$2.75M
Jan 16 2025
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
$169 / 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
$31,090
Tax year 2024
Assessed value
$2,323,600
Assessed 2024
Previous assessed
$2,323,600
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$443,000
Assessed improvement
$1,880,600
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2010
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
4
Rooms
7
Bathrooms
2
Total area
16,000 SF
Lot
1.34 ac (58,370 SF)
APN
ABIN M:64 L:99
UPID
US38-2405593
Jurisdiction
ABINGTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.3M
RESTAURANT
Est. value
$4.2M
INDUSTRIAL (GENERAL)
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.2M
COMMERCIAL (GENERAL)
Est. value
$2.9M
RETAIL STORES Current
RESTAURANT
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
2010
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
4
Rooms
7
Bathrooms
2
Lot
1.34 ac
Current owner
From public records · entity-resolved
Chen & Wong Plaza LLC
Entity
Mailing address
349 ADAMS ST, MILTON, MA 02186-4248
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2025
$2,750,000
Chen & Wong Plaza LLC
1238 Bedford Street RT
Deed
$1,450,000 · Rockland Trust Co
Sep 16, 2011
$1,700,000
1238 Bedford Street RT
Spirit RT
Grant Deed
—
Feb 12, 2010
—
Spirit RT
—
Deed Of Trust
related
$500,000 · Dedham Inst For Savings
Mar 11, 2005
$750,000
Spirit RT
Barrett,mary E
Grant Deed
$1,700,000 · Dedham Inst For Savings
Jul 21, 2004
$1
Mary E Barrett
Barrett,richard C
Grant Deed
related
—
Jul 16, 2004
—
Richard C Barrett
—
Deed Of Trust
related
$165,000 · Old Colony Mortgage Corp
Jul 16, 2004
$1
Richard C Barrett
Barrett,mary E
Grant Deed
related
—
Dec 18, 2002
—
Mary E Barrett
—
Deed Of Trust
related
$175,500 · Washington Mutual Bank
Dec 27, 2001
—
Mary E Barrett
—
Deed Of Trust
related
$25,000 · Rockland Trust Co
Apr 29, 1998
—
Richard C Barrett
—
Deed Of Trust
related
$155,000 · Americas Wholesale Loan
Apr 5, 1993
$61,076
Mary E Barrett
Cole RT
Grant Deed
—
May 20, 1991
—
Cole RT
—
Deed Of Trust
related
$160,000 · Crescent Cu
May 14, 1991
—
Cole RT
—
Deed Of Trust
related
$160,000 · Crescent Cu
Sep 1, 1987
—
Barrett,richard C Tr
—
Deed Of Trust
related
$140,000 · Crescent 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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