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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Investment properties
14 Park St Lee, MA 01238-1702
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US38-0321927
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2006
Construction
CONCRETE
Total area
4,296 SF
Lot
0.43 ac (18,731 SF)
Zoning code
CBC
APN
LEEE M:019 B:0A L:0000-0059.0
UPID
US38-0321927
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
$375k
CAP Approach
CAP
$670k
Comparable Approach
Comparable
$706k
Blend (final)
Blend
$560k
Owner & transaction history
Jedko Prop LLC · 20 yrs held
Jedko Prop LLC
since 2005
7 recorded transactions
Zoning & alternative use
CBC · Lee, MA
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 Lee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lee 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
$375,000
CAP Approach
CAP Return
Estimation
6%
$725,000
6.5%
$670,000
7%
$620,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$630,000
Current use
RETAIL STORES
$615,000
Change: -2% · Conversion: Easy
OFFICE BUILDING
$600,000
Change: -5% · Conversion: Easy
AUTO REPAIR, GARAGE
$560,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$130 / 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
$6,318
Tax year 2024
Assessed value
$562,100
Assessed 2024
Previous assessed
$565,900
-0.7% YoY
Effective rate
1.12%
On assessed value
Assessed land
$135,100
Assessed improvement
$427,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
RADIANT
Buildings
1
Stories
2
Rooms
7
Bathrooms
3
Total area
4,296 SF
Lot
0.43 ac (18,731 SF)
Zoning code
CBC
APN
LEEE M:019 B:0A L:0000-0059.0
UPID
US38-0321927
Jurisdiction
LEE
Zoning & alternative use
CBC · Lee, MA
Zoning CBC · permitted uses
CBC · Lee, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$630,000
RETAIL STORES
Est. value
$615,000
OFFICE BUILDING
Est. value
$600,000
AUTO REPAIR, GARAGE
Est. value
$560,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2006
Construction
CONCRETE
Heating
RADIANT
Stories
2
Buildings
1
Rooms
7
Bathrooms
3
Lot
0.43 ac
Current owner
From public records · entity-resolved
Jedko Prop LLC
Entity
Mailing address
40 MAIN ST STE #6, LEE, MA 01238-1740
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2010
—
Jedko Prop LLC
—
Deed Of Trust
related
$900,000 · Legacy Banks
Jun 27, 2008
—
Dani J Holmes
—
Deed Of Trust
related
$100,000 · Lee Bank
Nov 14, 2006
—
Jedko Prop LLC
—
Deed Of Trust
related
$462,800 · Legacy Banks
Sep 14, 2005
$1
Jedko Prop LLC
Mcmanmon,michael P
Grant Deed
related
—
Aug 1, 2000
$120,000
Michael P Mcmanmon
Pierz,andrew J
Grant Deed
$124,000 · City Svgs Bk Pittsfld
Mar 28, 1995
$92,000
Andrew J Pierz
Risingview RT
Grant Deed
—
Jan 24, 1991
$95,000
Risingview RT
Obrien,william H
Grant Deed
$75,000 · Zenon Grzybowski
Nov 18, 1987
—
Michael P Mcmanmon
—
Deed Of Trust
related
$9,020 · Berkeley Fed'l Bank & Trust
Sep 30, 1987
$135,000
Michael P Mcmanmon
Berkshire Cncl 314
Grant Deed
$155,000 · Zwi Kohorn
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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