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Property profile & analytics
OFF-MARKET
Estimated value
$3,610,000
Manufacturing properties
15 Malcolm Hoyt Dr, Newburyport, MA 01950-4017
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US38-0249163
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
30,612 SF
Lot
3.05 ac (132,858 SF)
APN
NEWP M:0082A B:0003 L:0000
UPID
US38-0249163
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
by Request
CAP Approach
CAP
$5.01M
Comparable Approach
Comparable
$2.74M
Blend (final)
Blend
$3.61M
Owner & transaction history
Da Pro Rubber INC · 16 yrs held
Da Pro Rubber INC
since 2009
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 Newburyport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newburyport 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%
$5,425,000
6.5%
$5,010,000
7%
$4,650,000
Blend value · Realmo final
$3.61M
Range $3.25M – $3.97M · ±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
$118 / 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
$26,228
Tax year 2024
Assessed value
$2,630,700
Assessed 2024
Previous assessed
$2,384,100
+10.3% YoY
Effective rate
1.00%
On assessed value
Assessed land
$600,700
Assessed improvement
$2,030,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
30,612 SF
Lot
3.05 ac (132,858 SF)
APN
NEWP M:0082A B:0003 L:0000
UPID
US38-0249163
Jurisdiction
NEWBURYPORT
Metro division
ESSEX COUNTY, 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
Building & site characteristics
From public records
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
3.05 ac
Current owner
From public records · entity-resolved
Da Pro Rubber INC
Entity
Mailing address
PO BOX 470175, TULSA, OK 74147-0175
Ownership since
2009
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
Dec 11, 2009
$2,175,000
Da Pro Rubber INC
E&d Fncl Svcs LLC
Deed
$1,000,000 · Newburyport Five Cent
Dec 10, 2003
—
E & D Fncl Svcs LLC
—
Deed Of Trust
related
$510,000 · Newburyport Five Cent
Jul 2, 2003
—
E&d Fncl Svcs LLC
—
Deed Of Trust
related
$350,000 · Newburyport Five Cent
Feb 12, 2002
—
E&d Financial Services
—
Deed Of Trust
related
$1,525,000 · Newburyport Five Cent
Nov 24, 1998
—
E&d Fncl Svcs LLC
—
Deed Of Trust
related
$47,000 · Newburyport Five Cent
Apr 22, 1998
$775,000
E Svc
Morrison Machine&tool
Grant Deed
related
$1,328,000 · Newburyport Five Cent
Apr 22, 1998
—
E Svc
—
Deed Of Trust
related
$275,000 · Zenon Grzybowski
Mar 13, 1997
$3,900
Machine Tool Morrison
Newburyport Ind Dev
Grant Deed
—
Jul 28, 1994
$121,635
Machine Morrison
Newburyport Area Indus
Grant Deed
$572,338 · Newburyport Five Cent
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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