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Property profile & analytics
OFF-MARKET
Showrooms
1320 Main St, Walpole, MA 02081-1790
Trust Owned
6-yr Hold
Free & Clear
Property ID
US38-1270067
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1920
Construction
STEEL FRAME
Total area
3,869 SF
Lot
0.5 ac (21,780 SF)
APN
WALP M:00041 B:00146 L:00000
UPID
US38-1270067
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
-
Leo's Floor Covering and Counters Inc. Kitchen & Bath Showroom Hardware & Home Improvement
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
1320 Main Street Irt Trust · 6 yrs held
1320 Main Street Irt Trust
since 2020
Last sale
$147,440
5 recorded transactions
Zoning & alternative use
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 Walpole submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Walpole 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
$9,233
Tax year 2024
Assessed value
$515,800
Assessed 2024
Previous assessed
$494,700
+4.3% YoY
Effective rate
1.79%
On assessed value
Assessed land
$357,100
Assessed improvement
$158,700
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1920
Construction
STEEL FRAME
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
3,869 SF
Lot
0.5 ac (21,780 SF)
APN
WALP M:00041 B:00146 L:00000
UPID
US38-1270067
Jurisdiction
WALPOLE
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
Building & site characteristics
From public records
Year built
1920
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
1320 Main Street Irt Trust
Trust
Free & Clear · 6 yrs held
Mailing address
11 AUDUBON DR, WALPOLE, MA 02081-2720
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2020
—
1320 Main Street Irt Trust
Coletta Shellmer
Quit Claim Deed
related
—
Apr 12, 2005
—
Coletta Shellmer
—
Deed Of Trust
related
$210,000 · Walpole Coop Bank
Jan 14, 2004
—
Leo B Shellmer
—
Deed Of Trust
related
$372,000 · Walpole Coop Bank
Jul 2, 1993
$147,440
Leo B Shellmer
Verderber,edward T
Grant Deed
$187,000 · Walpole Coop Bank
Jul 2, 1993
—
Leo B Shellmer
—
Deed Of Trust
related
$20,000 · Zenon Grzybowski
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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