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Property profile & analytics
OFF-MARKET
Estimated value
$5,260,000
Commercial real estate
1470 New State Hwy, Raynham, MA 02767-5420
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-0912842
Property summary
AI-generated overview
This well-established shopping center, situated on 8.57 acres of prime real estate, presents a compelling leasing opportunity. Located directly on the busy Route 44, this property boasts exceptional visibility and high foot traffic, ensuring maximum exposure for your business. The center offers a variety of unit sizes to accommodate diverse business needs. Currently, there are four available spaces: a 5,545 square foot unit, a 2,614 square foot unit, and a 4,767 square foot unit, all available at a competitive rate of $16 per square foot, NNN. Additionally, a smaller 1,334 square foot unit is available; pricing for this unit will be provided upon request. The minimum divisible space is 1,350 square feet, with a maximum contiguous space of 5,545 square feet. The total building size is 69,580 square feet, offering ample space for a variety of retail businesses. This is an exceptional opportunity to establish or expand your business in a thriving retail environment. Don't miss out on this chance to secure a space in this highly visible and successful shopping center. Contact us today to learn more and schedule a viewing.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
8.57 ac (373,287 SF)
APN
RAYN M:16 B:2 L:B
UPID
US38-0912842
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
-
Aspire Health and Nutrition Specialty Food Shop
-
SpeeDee Oil Change & Auto Service Auto Repair Shop
-
Asra Jawed, MD Physician
-
Signature Medical Group - Raynham - New State Highway Medical Group
-
The Soul Machine Tattoo Studio Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.26M
Owner & transaction history
Shri Gopinathji LLC · 5 yrs held
Shri Gopinathji LLC
since 2021
Last sale
$4.6M
7 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 Raynham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raynham 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
$6,035,000
ML approach
$5,915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.26M
Range $4.73M – $5.79M · ±10% · vs last sale $4.55M (Mar 30 2021)
Last sale anchor
$4.55M
Mar 30 2021
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
—
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 2020Property tax & assessments
Tax year 2020
Tax billed
$122,964
Tax year 2020
Assessed value
$5,977,600
Assessed 2024
Previous assessed
$5,977,600
+0.0% YoY
Effective rate
2.06%
On assessed value
Assessed land
$2,174,400
Assessed improvement
$3,803,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
3
Units
22
Lot
8.57 ac (373,287 SF)
APN
RAYN M:16 B:2 L:B
UPID
US38-0912842
Jurisdiction
RAYNHAM
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
Heating
NONE
Cooling
Yes
Buildings
3
Units
22
Lot
8.57 ac
Current owner
From public records · entity-resolved
Shri Gopinathji LLC
Entity
Mailing address
175 RANTOUL ST, BEVERLY, MA 01915-4206
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2021
$4,550,000
Shri Gopinathji LLC
Prrl Associates INC
Quit Claim Arm's Length For Ne States
$3,600,000 · Rockland Trust Co
Apr 21, 2011
—
Prrl Assoc INC
—
Deed Of Trust
related
$5,297,676 · Rockland Trust Co
Dec 17, 2008
—
Prrl Assoc INC
—
Deed Of Trust
related
$1,500,000 · Rockland Trust Co
Dec 27, 2005
—
Prrl Assoc INC
—
Deed Of Trust
related
$4,500,000 · Rockland Trust Co
Jun 25, 1998
$2,940,000
Prrl Associates INC
Raynham Marketplace
Grant Deed
$2,200,000 · Abington Savings Bank
Feb 28, 1997
—
Raynham Marketplace
—
Deed Of Trust
related
$1,450,000 · Abington Savings Bank
Nov 19, 1991
$1,800,000
Fleet Bk Of Maine
Raynham Marketplace LP
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
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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