New search
Property profile & analytics
OFF-MARKET
Estimated value
$16,475,000
Office buildings
151 Campanelli Dr, Middleboro, MA 02346-1086
Individually Owned
5-yr Hold
Free & Clear
Property ID
US38-1781032
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Construction
STEEL FRAME
Total area
58,937 SF
Lot
5.49 ac (239,144 SF)
APN
MIDD M:00039 L:1043 U:0000
UPID
US38-1781032
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
$11.59M
CAP Approach
CAP
$20.23M
Comparable Approach
Comparable
$18.56M
Blend (final)
Blend
$16.48M
Owner & transaction history
Ma 1 Sgf Middleborough · 5 yrs held
Ma 1 Sgf Middleborough
since 2020
Last sale
$15.9M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$15.5M
+30.5%
Industrial (general)
$13.4M
+12.4%
Auto repair, garage
$12.2M
+2.4%
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 Middleboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middleboro 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
$18,905,000
ML approach
$11,590,000
CAP Approach
CAP Return
Estimation
6%
$21,915,000
6.5%
$20,230,000
7%
$18,785,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$11,905,000
Current use
RESTAURANT
$15,535,000
Change: +31% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$13,380,000
Change: +12% · Conversion: Difficult
AUTO REPAIR, GARAGE
$12,185,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$10,250,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$16.48M
Range $14.83M – $18.12M · ±10% · vs last sale $15.90M (Aug 25 2020)
Last sale anchor
$15.90M
Aug 25 2020
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
$280 / 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
$171,075
Tax year 2024
Assessed value
$11,921,600
Assessed 2024
Previous assessed
$12,369,100
-3.6% YoY
Effective rate
1.44%
On assessed value
Assessed land
$2,485,800
Assessed improvement
$9,435,800
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
4
Bathrooms
9
Total area
58,937 SF
Lot
5.49 ac (239,144 SF)
APN
MIDD M:00039 L:1043 U:0000
UPID
US38-1781032
Jurisdiction
MIDDLEBORO
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
OFFICE BUILDING Current
Est. value
$11.9M
RESTAURANT
Est. value
$15.5M
INDUSTRIAL (GENERAL)
Est. value
$13.4M
AUTO REPAIR, GARAGE
Est. value
$12.2M
RETAIL STORES
Est. value
$10.3M
OFFICE BUILDING Current
RESTAURANT
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
4
Bathrooms
9
Lot
5.49 ac
Current owner
From public records · entity-resolved
Ma 1 Sgf Middleborough
Individual
Free & Clear · 5 yrs held
Mailing address
125 HIGH ST, BOSTON, MA 02110-2704
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2020
$15,900,000
Ma 1 Sgf Middleborough
Iconic Re Hldgs LLC
Quit Claim Deed
—
Jan 31, 2020
—
R Iconic
151 Campy Assoc LLC
Quit Claim Deed
related
—
Oct 8, 2013
$6,100,000
151 Campy Assos LLC
New Boston 151 Campy L
Quit Claim Arm's Length For Ne States
$4,422,500 · Td Bank NA
Nov 30, 2007
$9,050,000
Campy LP New Boston 151
Middleboro Bedford St LLC
Grant Deed
$7,200,000 · Gary Needham
Aug 20, 1996
—
Property T Campanelli
—
Deed Of Trust
related
$2,200,000 · Mass Casualty Ins Co
—
—
151 Campy Associates LLC
—
Loan Modification
related
$7,890,000 · Td Bk NA
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 151 Campanelli Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
