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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Industrial properties
133 Nashua St, Leominster, MA 01453-3317
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US38-2197234
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2021
Construction
STEEL FRAME
Total area
9,000 SF
Lot
2.52 ac (109,771 SF)
APN
LEOM M:0379 B:0005 L:0000
UPID
US38-2197234
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
-
NEL Corporation General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$905k
Blend (final)
Blend
$785k
Owner & transaction history
Nashua Street Dev LLC · 16 yrs held
Nashua Street Dev LLC
since 2009
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.3M
+96.2%
Neighborhood: shopping center
$1.1M
+73.3%
Apartment house (5+ units)
$1.1M
+64.7%
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 Leominster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leominster 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)
$655,000
Current use
OFFICE BUILDING
$1,285,000
Change: +96% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,135,000
Change: +73% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,080,000
Change: +65% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,035,000
Change: +58% · Conversion: Difficult
Blend value · Realmo final
$785k
Range $707k – $864k · ±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
$87 / 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
$15,671
Tax year 2024
Assessed value
$1,080,000
Assessed 2024
Previous assessed
$1,025,400
+5.3% YoY
Effective rate
1.45%
On assessed value
Assessed land
$416,000
Assessed improvement
$664,000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2021
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Total area
9,000 SF
Lot
2.52 ac (109,771 SF)
APN
LEOM M:0379 B:0005 L:0000
UPID
US38-2197234
Jurisdiction
LEOMINSTER
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
$655,000
OFFICE BUILDING
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.0M
INDUSTRIAL (GENERAL) Current
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
2021
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Lot
2.52 ac
Current owner
From public records · entity-resolved
Nashua Street Dev LLC
Entity
Mailing address
3 AJOOTIAN WAY, MIDDLETON, MA 01949-2493
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2020
—
Central Dist Rlty Dev LLC
—
Deed
related
$850,000 · Eastern Bank
Jul 23, 2009
$210,000
Nashua Street Dev LLC
Fiore,walter A
Grant Deed
—
Jul 26, 2007
—
Walter A Fiore
—
Deed Of Trust
related
$176,000 · Chittenden Trust Co
May 24, 2007
$220,000
Walter A Fiore
Vargas,fredy D
Grant Deed
$198,000 · First Magnus Financial Corp
Aug 19, 2005
$215,000
Fredy D Vargas
Fiore,walter A
Grant Deed
$172,000 · Accredited Home Lenders
Aug 19, 2005
—
Fredy D Vargas
—
Deed Of Trust
related
$43,000 · Accredited Home Lenders
Aug 18, 2005
$25,000
Walter A Fiore
Crowley,irene P
Grant Deed
$5,000 · Zwi Kohorn
Jan 12, 2005
$190,000
Walter A Fiore
Richard Cordio
Deed
$152,000 · Omega Mortgage Corp
Apr 17, 2002
$90,000
June Schofield
Hare,jesse W 3rd
Grant Deed
—
Apr 28, 1993
—
Iron Constrcution Co
—
Deed Of Trust
related
$200,000 · Misc Other
Apr 15, 1992
—
Edith H Hare
—
Deed Of Trust
related
$20,000 · Ic Cu
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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