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Property profile & analytics
OFF-MARKET
Estimated value
$8,155,000
Showrooms
15 Main St Lakeville, MA 02347-1617
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-2253482
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2022
Construction
STEEL FRAME
Total area
72,045 SF
Lot
3.12 ac (135,906 SF)
APN
LAKE M:00060 B:0007 L:001B
UPID
US38-2253482
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
$7.84M
CAP Approach
CAP
$10.71M
Comparable Approach
Comparable
$7.05M
Blend (final)
Blend
$8.16M
Owner & transaction history
Value Store It Lkville Ll · 3 yrs held
Value Store It Lkville Ll
since 2023
Last sale
$9.7M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$12.5M
+0.4%
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 Lakeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakeville 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
$7,800,000
ML approach
$7,840,000
CAP Approach
CAP Return
Estimation
6%
$11,600,000
6.5%
$10,705,000
7%
$9,940,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$12,475,000
Current use
RETAIL STORES
$12,530,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$8.16M
Range $7.34M – $8.97M · ±10% · vs last sale $9.67M (Jun 26 2023)
Last sale anchor
$9.67M
Jun 26 2023
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
$113 / 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
$57,733
Tax year 2024
Assessed value
$5,472,300
Assessed 2024
Previous assessed
$5,472,300
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$246,400
Assessed improvement
$5,225,900
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2022
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Total area
72,045 SF
Lot
3.12 ac (135,906 SF)
APN
LAKE M:00060 B:0007 L:001B
UPID
US38-2253482
Jurisdiction
LAKEVILLE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
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
COMMERCIAL (GENERAL) Current
Est. value
$12.5M
RETAIL STORES
Est. value
$12.5M
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
2022
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Lot
3.12 ac
Current owner
From public records · entity-resolved
Value Store It Lkville Ll
Individual
Mailing address
15 MAIN ST, LAKEVILLE, MA 02347-1617
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2023
$9,665,000
Value Store It Lkville Ll
Community Sq Storage LLC
Quit Claim Arm's Length For Ne States
$7,323,750 · North Easton Savings Bank
Dec 20, 2021
—
Community Sq Storage LLC
Dbt Investments LLC
Quit Claim Deed
related
$5,000,000 · Live Oak Banking Company
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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