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Property profile & analytics
OFF-MARKET
Estimated value
$3,160,000
Manufacturing properties
13 Warwick St, Somerville, MA 02145-3509
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0545309
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1926
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,145 SF
Lot
0.23 ac (10,205 SF)
Zoning code
RC
APN
SOME M:33 B:F L:2
UPID
US38-0545309
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
$3.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.16M
Owner & transaction history
13 Warwick Somerville LLC · 3 yrs held
13 Warwick Somerville LLC
since 2023
Last sale
$3.3M
6 recorded transactions
Zoning & alternative use
RC · Somerville, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.1M
+123.4%
Restaurant
$2.7M
+89.1%
Auto repair, garage
$2.6M
+83.4%
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 Somerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Somerville 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
$2,930,000
ML approach
$3,155,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,135,000
Change: +123% · Conversion: Difficult
RESTAURANT
$2,655,000
Change: +89% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,575,000
Change: +83% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,535,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$2,465,000
Change: +76% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$2,105,000
Change: +50% · Conversion: Difficult
OFFICE BUILDING
$2,000,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$3.16M
Range $2.84M – $3.48M · ±10% · vs last sale $3.28M (Jun 23 2023)
Last sale anchor
$3.28M
Jun 23 2023
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
$346 / 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
$17,969
Tax year 2024
Assessed value
$987,300
Assessed 2024
Previous assessed
$987,300
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$537,900
Assessed improvement
$449,400
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1926
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
9,145 SF
Lot
0.23 ac (10,205 SF)
Zoning code
RC
APN
SOME M:33 B:F L:2
UPID
US38-0545309
Jurisdiction
SOMERVILLE
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
RC · Somerville, MA
Zoning RC · permitted uses
RC · Somerville, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Somerville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$3.1M
RESTAURANT
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
RETAIL STORES
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
OFFICE BUILDING
Est. value
$2.0M
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
1926
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
13 Warwick Somerville LLC
Entity
Mailing address
13 WARWICK ST, SOMERVILLE, MA 02145-3509
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 23, 2023
$3,275,000
13 Warwick Somerville LLC
Cedwar Development LLC
Quit Claim Arm's Length For Ne States
$10,080,000 · Webster Five Cents Savings Bank
Jul 7, 2020
—
Cedwar Dev LLC
T Resi
Quit Claim Deed
related
—
May 10, 2018
$600,000
Cedar Dev LLC
Resi T
Quit Claim Deed
$630,000 · Everett Bk
Sep 14, 2011
—
M Leibovitz T Arnold
—
Deed Of Trust
related
$199,999 · Arnold M Leibovitz
Sep 1, 2011
—
T Resi
—
Deed Of Trust
related
$50,000 · 181 Cedar Street LLC
Jun 27, 2005
—
Arnold M Leibovitz
—
Deed Of Trust
related
$150,000 · Winter Hill Fsb
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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