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Property profile & analytics
OFF-MARKET
Estimated value
$1,170,000
Auto shops
14 Lonergan Rd Middleton, MA 01949-2402
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-1588729
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1960
Total area
7,800 SF
Lot
3.5 ac (152,460 SF)
Zoning code
M1
APN
MIDD M:0033 B:0000 L:0003
UPID
US38-1588729
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
$1.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.17M
Owner & transaction history
14 Lonergan Road LLC · 6 yrs held
14 Lonergan Road LLC
since 2020
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
M1 · Middleton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of M1 district is to permit light industrial uses and research facility etc.
Zone name
Light Industry
General category
INDUSTRIAL
Zone area
1,090.17 ac
Source
Realmo
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 Middleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middleton 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
$1,350,000
ML approach
$1,330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,870,000
Current use
RETAIL STORES
$1,735,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,555,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$1.17M
Range $1.05M – $1.29M · ±10% · vs last sale $1.05M (Jan 31 2020)
Last sale anchor
$1.05M
Jan 31 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
$150 / 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
$11,294
Tax year 2024
Assessed value
$957,900
Assessed 2024
Previous assessed
$957,900
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$715,600
Assessed improvement
$242,300
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1960
Heating
SPACE
Buildings
1
Stories
2
Units
1
Total area
7,800 SF
Lot
3.5 ac (152,460 SF)
Zoning code
M1
APN
MIDD M:0033 B:0000 L:0003
UPID
US38-1588729
Jurisdiction
MIDDLETON
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
M1 · Middleton, MAZoning M1 · permitted uses
M1 · Middleton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of M1 district is to permit light industrial uses and research facility etc.
Zone name
Light Industry
General category
INDUSTRIAL
Zone area
1,090.17 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.9M
RETAIL STORES
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.6M
AUTO REPAIR, GARAGE Current
RETAIL STORES
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
1960
Heating
SPACE
Stories
2
Buildings
1
Units
1
Lot
3.5 ac
Current owner
From public records · entity-resolved
14 Lonergan Road LLC
Entity
Mailing address
100 GRANDVIEW RD, ARLINGTON, MA 02476-7446
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 7, 2020
—
14 Lonergan Road LLC
—
Deed
related
$435,000 · Bay Colony Dev
Jan 31, 2020
$1,050,000
14 Lonergan Road LLC
14 Lonergan Road RT
Quit Claim Arm's Length For Ne States
$525,000 · Institution For Savings Newburyport
Nov 30, 2011
—
14 Lonergan Road RT
—
Deed Of Trust
related
$150,000 · Heryl Sinapis
May 13, 1999
—
14 Lonergan Road RT
—
Deed Of Trust
related
$205,000 · North Shore Bank
Nov 21, 1994
$200,000
14 Lonergan Road RT
Camillieri Joseph Est
Grant Deed
$200,000 · Warren Five Cts Savings
—
—
14 Lonergan Road LLC
—
Deed Of Trust
related
$435,000 · Bay Colony Dev
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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