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Property profile & analytics
FOR SALE
Industrial properties
13 Depot St, Grafton, MA 01560
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US38-0719187
For Sale
1 / 29
$595,000
13 Depot St, Grafton, MA 01560
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1936
Total area
7,454 SF
Lot
1.53 ac (66,647 SF)
Zoning code
VMU
APN
GRAF M:0124 B:0000 L:0069.0
UPID
US38-0719187
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
$728k
Blend (final)
Blend
$585k
Owner & transaction history
Carkins Corner LLC · 16 yrs held
Carkins Corner LLC
since 2009
5 recorded transactions
Zoning & alternative use
VMU · South Grafton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$940,000
+57.7%
Apartment house (5+ units)
$895,000
+49.9%
Commercial (general)
$820,000
+37.5%
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 Grafton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grafton 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
INDUSTRIAL (GENERAL)
$595,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$940,000
Change: +58% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$895,000
Change: +50% · Conversion: Difficult
COMMERCIAL (GENERAL)
$820,000
Change: +38% · Conversion: Difficult
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$78 / 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
$7,019
Tax year 2024
Assessed value
$490,500
Assessed 2024
Previous assessed
$434,800
+12.8% YoY
Effective rate
1.43%
On assessed value
Assessed land
$184,800
Assessed improvement
$305,700
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Sale
Year built
1936
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
3
Total area
7,454 SF
Lot
1.53 ac (66,647 SF)
Zoning code
VMU
APN
GRAF M:0124 B:0000 L:0069.0
UPID
US38-0719187
Jurisdiction
GRAFTON
Zoning & alternative use
VMU · South Grafton, MA
Zoning VMU · permitted uses
VMU · South Grafton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Grafton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$595,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$940,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$895,000
COMMERCIAL (GENERAL)
Est. value
$820,000
INDUSTRIAL (GENERAL) Current
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
1936
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
3
Lot
1.53 ac
Current owner
From public records · entity-resolved
Carkins Corner LLC
Entity
Mailing address
13 DEPOT ST, SOUTH GRAFTON, MA 01560-1389
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2009
$262,000
Carkins Corner LLC
Joma Prop LLC
Grant Deed
$209,600 · Middlesex Savings Bank
May 22, 2009
$1
Martha P Kerns
Evans,maxine M
Grant Deed
—
Jul 9, 1997
$160,000
Robert S Evans
13 Depot Assoc LP
Grant Deed
—
Sep 30, 1994
$50,000
13 Depot Assoc Limited
Boca 205 Corp
Grant Deed
—
May 24, 1988
$163,000
13 Depot Assocts
Clark,david A
Grant Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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