Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$18,720,000
Warehouses
129 Sturbridge Rd Charlton, MA 01507-5330
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US38-1959908
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2016
Construction
STEEL FRAME
Total area
189,270 SF
Lot
97.55 ac (4,249,278 SF)
Zoning code
FB
APN
CHAR M:0032 B:000B L:0000003
UPID
US38-1959908
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
-
Tesla Destination Charger Electric Vehicle Charging Station
-
Tree House Brewing Company Production Facility Brewery & Distillery
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
AED (automated external defibrillator) - Tree House Brewing Community Health Centre
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.72M
Owner & transaction history
Landreau Realty LLC · 10 yrs held
Landreau Realty LLC
since 2016
4 recorded transactions
Zoning & alternative use
FB · Charlton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$29.7M
+56.4%
Auto repair, garage
$29.0M
+52.9%
Office building
$25.7M
+35.5%
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 Charlton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charlton 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
WAREHOUSE, STORAGE
$18,990,000
Current use
RETAIL STORES
$29,695,000
Change: +56% · Conversion: Moderate
AUTO REPAIR, GARAGE
$29,040,000
Change: +53% · Conversion: Easy
OFFICE BUILDING
$25,735,000
Change: +36% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$23,890,000
Change: +26% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$22,710,000
Change: +20% · Conversion: Difficult
COMMERCIAL (GENERAL)
$20,830,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$18.72M
Range $16.85M – $20.59M · ±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
$99 / 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
$211,524
Tax year 2024
Assessed value
$18,652,900
Assessed 2024
Previous assessed
$18,652,900
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$3,593,300
Assessed improvement
$15,059,600
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2016
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
4
Total area
189,270 SF
Lot
97.55 ac (4,249,278 SF)
Zoning code
FB
APN
CHAR M:0032 B:000B L:0000003
UPID
US38-1959908
Jurisdiction
CHARLTON
Zoning & alternative use
FB · Charlton, MAZoning FB · permitted uses
FB · Charlton, MA
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
WAREHOUSE, STORAGE Current
Est. value
$19.0M
RETAIL STORES
Est. value
$29.7M
AUTO REPAIR, GARAGE
Est. value
$29.0M
OFFICE BUILDING
Est. value
$25.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$23.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$22.7M
COMMERCIAL (GENERAL)
Est. value
$20.8M
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
2016
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
4
Lot
97.55 ac
Current owner
From public records · entity-resolved
Landreau Realty LLC
Entity
Mailing address
129 STURBRIDGE RD, CHARLTON, MA 01507-5330
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2024
—
Landreau Realty LLC
—
Deed
related
$4,000,000 · Country Bank
Dec 10, 2019
—
Landreau Realty LLC
—
Deed
related
$6,558,250 · Country Bank
Aug 15, 2016
—
Landreau Realty LLC
—
Deed
related
$1,500,000 · Country Bank
Jun 17, 2016
$1,000,000
Landreau Realty LLC
Jencent LLC
Quit Claim Deed
$1,012,391 · Tree House Brewing 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 129 Sturbridge 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.
