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Property profile & analytics
OFF-MARKET
Auto shops
128 Lancaster Rd Shirley, MA 01464-2414
Entity Owned
Free & Clear
Property ID
US38-0840812
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1980
Construction
FRAME
Total area
3,050 SF
Lot
1.22 ac (53,352 SF)
Zoning code
LRC
APN
SHIR M:0002 B:000B L:00001
UPID
US38-0840812
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
-
Certified Welding & Fabricating Metal Fabrication Plant Factory
-
Commonwealth Crane Service Construction Company Rental Equipment Company
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
Dirocco Realty LLC
Dirocco Realty LLC
since 2025
Last sale
$225,125
7 recorded transactions
Zoning & alternative use
LRC · Shirley, 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 Shirley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shirley 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
$3,718
Tax year 2024
Assessed value
$274,000
Assessed 2024
Previous assessed
$274,000
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$172,600
Assessed improvement
$101,400
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1980
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
3,050 SF
Lot
1.22 ac (53,352 SF)
Zoning code
LRC
APN
SHIR M:0002 B:000B L:00001
UPID
US38-0840812
Jurisdiction
SHIRLEY
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
LRC · Shirley, MA
Zoning LRC · permitted uses
LRC · Shirley, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shirley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
1.22 ac
Current owner
From public records · entity-resolved
Dirocco Realty LLC
Entity
Free & Clear · 0 yrs held
Mailing address
139 BILLERICA RD, CHELMSFORD, MA 01824-3633
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2025
—
Dirocco Realty LLC
Dirocco Realty LLC
Quitclaim Deed
related
—
Feb 27, 2020
$225,125
Rochambeau LLC
Dirocco Realty LLC
Quit Claim Deed
—
Feb 27, 2020
—
Dirocco Realty LLC
Daniel A Dirocco
Quit Claim Deed
related
—
Mar 30, 2018
$358,000
Daniel A Dirocco
Florio,daniel S & Glenn P
Quit Claim Deed
$258,000 · Daniel S Florio
Jan 23, 2014
$292,800
Assabet Industries LLC
Daniel S Florio
Quit Claim Deed
related
$1,100,000 · Barre Savings Bank
Oct 8, 2008
—
Assabet Ind LLC
—
Deed Of Trust
related
$99,160 · Salem Five Cents Savings Bank
Dec 6, 2007
—
Assabet Ind LLC
—
Deed Of Trust
related
$100,000 · Salem Five Cents Savings Bank
Nov 22, 2006
—
Assabet Ind LLC
—
Grant Deed
related
$117,000 · Ronald J Florio
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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