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Property profile & analytics
OFF-MARKET
Estimated value
$4,035,000
Manufacturing properties
13 Kenwood Cir, Franklin, MA 02038
Entity Owned
6-yr Hold
Free & Clear
Property ID
US38-0526744
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1972
Construction
STEEL FRAME
Total area
35,635 SF
Lot
3.62 ac (157,687 SF)
APN
FRAN M:295 L:013
UPID
US38-0526744
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
$3.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.44M
Blend (final)
Blend
$4.04M
Owner & transaction history
Kenwood Props LLC · 6 yrs held
Kenwood Props LLC
since 2020
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$6.2M
+5.4%
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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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
$4,170,000
ML approach
$3,915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,840,000
Current use
WAREHOUSE, STORAGE
$6,160,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$4.04M
Range $3.63M – $4.44M · ±10% · vs last sale $2.43M (Jan 3 2020)
Last sale anchor
$2.43M
Jan 3 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
$113 / 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
$38,461
Tax year 2024
Assessed value
$3,262,200
Assessed 2024
Previous assessed
$3,262,200
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,247,500
Assessed improvement
$2,014,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1972
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Stories
1
Units
3
Bathrooms
6
Total area
35,635 SF
Lot
3.62 ac (157,687 SF)
APN
FRAN M:295 L:013
UPID
US38-0526744
Jurisdiction
FRANKLIN
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
INDUSTRIAL (GENERAL) Current
Est. value
$5.8M
WAREHOUSE, STORAGE
Est. value
$6.2M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1972
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
1
Units
3
Bathrooms
6
Lot
3.62 ac
Current owner
From public records · entity-resolved
Kenwood Props LLC
Entity
Free & Clear · 6 yrs held
Mailing address
63 CTR ST, DOVER, MA 02030-2404
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2020
$4,800,000
Kenwood Props LLC
1 Kenwood LLC
Quit Claim Deed
—
Jan 2, 2018
—
1 Kenwood LLC
—
Deed
related
$1,500,000 · Fall River Five Cents Savings Bank
May 19, 2017
—
1 Kenwood LLC
—
Deed
related
$220,000 · Fall River Five Cents Savings Bank
Jan 31, 2014
$2,425,000
1 Kenwood LLC
Franklin&cif 2 LLC
Quit Claim Arm's Length For Ne States
$1,940,000 · Fall River Five Cents Savings Bank
Aug 17, 2006
$2,300,000
Franklin Cif 2 LLC
Otoe Realty Corp
Grant Deed
$1,965,000 · Sovereign Bank
Jul 5, 2001
$1,660,000
Otoe Rlty Corp
Jsm Nt
Grant Deed
$1,360,000 · Middlesex Savings Bank
Oct 6, 1998
—
Jsm Nt
—
Deed Of Trust
related
$825,000 · Milford National Bank & Trust
Dec 29, 1995
—
Jsm Nt
—
Deed Of Trust
related
$85,000 · Milford National Bank & Trust
Oct 21, 1994
$980,000
Jsm Nt
Design Components INC
Grant Deed
—
Jun 3, 1994
—
Design Components INC
—
Deed Of Trust
related
$650,000 · Shawmut Bank Of Boston
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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