Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$135,000
Office buildings
1512 Main St Palmer, MA 01069-1215
Entity Owned
2-yr Hold
Free & Clear
Property ID
US38-0106546
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Construction
FRAME
Total area
2,362 SF
Lot
0.14 ac (6,098 SF)
Zoning code
GB
APN
PALM M:57 B:27
UPID
US38-0106546
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
$135k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$135k
Owner & transaction history
Nsroma Multi Buses Corp · 2 yrs held
Nsroma Multi Buses Corp
since 2024
Last sale
$135,000
4 recorded transactions
Zoning & alternative use
GB · Palmer, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
rlay Maps indicate which sites are subject to the additional regulations. § 171-52 List of business zones. The full names and abbreviations of the business zones are listed below. Full Name Abbreviation General Business GB Highway Business HB Neighborhood Business NB § 171-53 Use regulations. Primary Uses. A. Allowed uses. Uses allowed in the business zones…
Zone name
General Business
General category
COMMERCIAL
Zone area
245.52 ac
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 Palmer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmer 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
$135,000
ML approach
$135,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$135k
Range $122k – $149k · ±10% · vs last sale $135k (Feb 27 2024)
Last sale anchor
$135k
Feb 27 2024
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
$57 / 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
$2,786
Tax year 2024
Assessed value
$149,200
Assessed 2024
Previous assessed
$143,600
+3.9% YoY
Effective rate
1.87%
On assessed value
Assessed land
$86,400
Assessed improvement
$62,800
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1973
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
2,362 SF
Lot
0.14 ac (6,098 SF)
Zoning code
GB
APN
PALM M:57 B:27
UPID
US38-0106546
Jurisdiction
PALMER
Zoning & alternative use
GB · Palmer, MAZoning GB · permitted uses
GB · Palmer, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
rlay Maps indicate which sites are subject to the additional regulations. § 171-52 List of business zones. The full names and abbreviations of the business zones are listed below. Full Name Abbreviation General Business GB Highway Business HB Neighborhood Business NB § 171-53 Use regulations. Primary Uses. A. Allowed uses. Uses allowed in the business zones are listed in § 171-54 , Table of Use Regulations - Business Zones, with a "Y." Th
Zone name
General Business
General category
COMMERCIAL
Zone area
245.52 ac
Building & site characteristics
From public records
Year built
1973
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Nsroma Multi Buses Corp
Entity
Free & Clear · 2 yrs held
Mailing address
1512 N MAIN ST, PALMER, MA 01069-1215
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2024
$135,000
Nsroma Multi Buses Corp
Wicked Deals LLC
Quit Claim Arm's Length For Ne States
—
Dec 29, 2021
$80,000
Wicked Deals LLC
Palmer Town Of
Quit Claim Arm's Length For Ne States
$100,000 · Lawrence M Tiberio
Aug 19, 1988
—
Nancy J Theriault
—
Deed Of Trust
related
$125,000 · Country Bank
Nov 6, 1987
—
Nancy J Theriault
—
Deed Of Trust
related
$75,000 · Country Bank
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 1512 Main St?
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.
