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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Office buildings
140 Hartford Ave Hopedale, MA 01747-1504
Entity Owned
5-yr Hold
Property ID
US38-0656005
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2021
Construction
STEEL FRAME
Total area
4,087 SF
Lot
0.51 ac (22,307 SF)
Zoning code
GB-A
APN
HOPE M:0025 B:0025 L:0
UPID
US38-0656005
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
-
Allen Engineering & Associates, Inc. General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$861k
Blend (final)
Blend
$800k
Owner & transaction history
Aea Hldgs LLC · 5 yrs held
Aea Hldgs LLC
since 2020
4 recorded transactions
Zoning & alternative use
GB-A · Hopedale, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
General Business A
General category
COMMERCIAL
Zone area
34.43 ac
Source
Realmo
Top alternative use upside
Retail stores
$640,000
+15.4%
Auto repair, garage
$625,000
+12.8%
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 Hopedale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hopedale 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
OFFICE BUILDING
$555,000
Current use
RETAIL STORES
$640,000
Change: +15% · Conversion: Moderate
AUTO REPAIR, GARAGE
$625,000
Change: +13% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$515,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$800k
Range $720k – $880k · ±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
$196 / 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
$22,642
Tax year 2024
Assessed value
$779,700
Assessed 2024
Previous assessed
$779,700
+0.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$206,500
Assessed improvement
$573,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2021
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
2
Rooms
5
Bathrooms
1
Total area
4,087 SF
Lot
0.51 ac (22,307 SF)
Zoning code
GB-A
APN
HOPE M:0025 B:0025 L:0
UPID
US38-0656005
Jurisdiction
HOPEDALE
Zoning & alternative use
GB-A · Hopedale, MAZoning GB-A · permitted uses
GB-A · Hopedale, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
General Business A
General category
COMMERCIAL
Zone area
34.43 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$555,000
RETAIL STORES
Est. value
$640,000
AUTO REPAIR, GARAGE
Est. value
$625,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$515,000
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
Cooling
Yes
Stories
2
Buildings
1
Units
2
Rooms
5
Bathrooms
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Aea Hldgs LLC
Entity
Mailing address
140 HARTFORD AVE, HOPEDALE, MA 01747-1504
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2022
—
Aea Holdings LLC
—
Deed
related
$472,000 · Bay Colony Development Corp
Nov 4, 2021
—
Aea Holdings LLC
—
Deed
related
$456,000 · Unibank For Savings
Oct 30, 2020
$300,000
Aea Hldgs LLC
Todd E Small
Quit Claim Deed
—
Mar 2, 2015
—
Todd E Small
Small Joseph J
Quit Claim Deed
—
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.
Try Rey
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