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Property profile & analytics
OFF-MARKET
Estimated value
$21,915,000
Manufacturing properties
15 University Rd, Canton, MA 02021-1434
Individually Owned
Free & Clear
Property ID
US38-1154897
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
104,434 SF
Lot
16.88 ac (735,293 SF)
Zoning code
I
APN
CANT M:21 P:3
UPID
US38-1154897
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
-
Prodrive Technologies Inc. Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$17.09M
Comparable Approach
Comparable
$23.23M
Blend (final)
Blend
$21.92M
Owner & transaction history
Aiman Janineh
Aiman Janineh
since 2026
Last sale
$23.7M
7 recorded transactions
Zoning & alternative use
I · Canton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$33.6M
+96.4%
Retail stores
$30.6M
+78.6%
Apartment house (5+ units)
$30.0M
+75.2%
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 Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canton 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%
$18,515,000
6.5%
$17,090,000
7%
$15,870,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$17,120,000
Current use
AUTO REPAIR, GARAGE
$33,630,000
Change: +96% · Conversion: Easy
RETAIL STORES
$30,575,000
Change: +79% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$30,000,000
Change: +75% · Conversion: Difficult
OFFICE BUILDING
$29,510,000
Change: +72% · Conversion: Difficult
COMMERCIAL (GENERAL)
$26,730,000
Change: +56% · Conversion: Difficult
WAREHOUSE, STORAGE
$18,015,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$21.92M
Range $19.72M – $24.11M · ±10% · vs last sale $23.66M (Oct 22 2021)
Last sale anchor
$23.66M
Oct 22 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
$210 / 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
$372,642
Tax year 2024
Assessed value
$17,915,500
Assessed 2024
Previous assessed
$17,915,500
+0.0% YoY
Effective rate
2.08%
On assessed value
Assessed land
$5,965,600
Assessed improvement
$11,949,900
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Bathrooms
3
Total area
104,434 SF
Lot
16.88 ac (735,293 SF)
Zoning code
I
APN
CANT M:21 P:3
UPID
US38-1154897
Jurisdiction
CANTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
I · Canton, MA
Zoning I · permitted uses
I · Canton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Canton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$17.1M
AUTO REPAIR, GARAGE
Est. value
$33.6M
RETAIL STORES
Est. value
$30.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$30.0M
OFFICE BUILDING
Est. value
$29.5M
COMMERCIAL (GENERAL)
Est. value
$26.7M
WAREHOUSE, STORAGE
Est. value
$18.0M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
3
Lot
16.88 ac
Current owner
From public records · entity-resolved
Aiman Janineh
Individual
Free & Clear · 0 yrs held
Mailing address
30 SPEEN ST, FRAMINGHAM, MA 01701-4291
Ownership since
2026
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
Feb 27, 2026
$330,000
Aiman Janineh
Darcy Madden Brownell
Corporation Deed
—
Oct 22, 2021
$23,660,000
Npssa Canton LLC
15-21 Univ Rd Canton LLC
Quit Claim Arm's Length For Ne States
—
May 19, 2021
—
15-21 Univ Rd Canton LLC
Bates George P Est
Correction Deed
related
—
May 18, 2021
—
University Rd Canton LLC
15-21 Univ Rd Canton LLC
Other
—
Nov 13, 2017
$5,800,000
15-21 University Road
George P Bates
Quit Claim Arm's Length For Ne States
$9,035,000 · Cambridge Svgs Bk
Sep 15, 2005
$1
Trustees Of Reservations
Bates,george P
Grant Deed
related
—
Apr 27, 2000
—
George P Bates
—
Deed Of Trust
related
$3,100,000 · First Pioneer Farm Credit Aca
Jun 20, 1995
—
George P Bates
—
Deed Of Trust
related
$2,330,338 · S Ne Farm Credit Assn
Jan 17, 1991
—
George P Bates
—
Deed Of Trust
related
$5,200,000 · S Ne Farm Credit Assn
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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