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Property profile & analytics
OFF-MARKET
Estimated value
$1,635,000
Commercial real estate
159 Brookline St, Townsend, MA 01469-1169
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0172667
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1930
Construction
FRAME
Total area
3,748 SF
Lot
2.22 ac (96,703 SF)
Zoning code
OCD
APN
TOWN M:0038 B:0009 L:0000
UPID
US38-0172667
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
$1.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.55M
Blend (final)
Blend
$1.64M
Owner & transaction history
Addison Nute · 3 yrs held
Addison Nute
since 2022
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
OCD · Townsend, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+8.9%
Neighborhood: shopping center
$1.0M
+7.2%
Retail stores
$1.0M
+4.3%
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 Townsend submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Townsend 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
$1,500,000
ML approach
$1,620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,055,000
Change: +9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,040,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$1,010,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$1.64M
Range $1.47M – $1.80M · ±10% · vs last sale $1.75M (Oct 27 2022)
Last sale anchor
$1.75M
Oct 27 2022
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
$436 / 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
$15,619
Tax year 2024
Assessed value
$1,083,900
Assessed 2024
Previous assessed
$1,083,900
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$96,300
Assessed improvement
$987,600
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1930
Construction
FRAME
Heating
HOT WATER
Buildings
9
Stories
2
Units
10
Rooms
7
Bathrooms
2
Total area
3,748 SF
Lot
2.22 ac (96,703 SF)
Zoning code
OCD
APN
TOWN M:0038 B:0009 L:0000
UPID
US38-0172667
Jurisdiction
TOWNSEND
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
OCD · Townsend, MA
Zoning OCD · permitted uses
OCD · Townsend, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Townsend. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
RETAIL STORES
Est. value
$1.0M
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1930
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
9
Units
10
Rooms
7
Bathrooms
2
Lot
2.22 ac
Current owner
From public records · entity-resolved
Addison Nute
Individual
Mailing address
18 HUMMINGBIRD LN, HUDSON, NH 03051-6619
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2022
$1,750,000
Addison Nute
Donnelly Properties LLC
Quit Claim Arm's Length For Ne States
$1,400,000 · Franklin Savings Bank (maine)
May 28, 2021
$1,050,000
Donnelly Properties LLC
Cousins Rlty&storage Ll
Quit Claim Arm's Length For Ne States
$787,500 · Avidia Bank
Sep 5, 2018
—
Cousins Realty & Storage
Cousins
Quit Claim Deed
related
—
Aug 31, 2009
$195,500
RT Cousins
Harrison,helene A
Grant Deed
$1,500,000 · First Pioneer Farm Credit Aca
Aug 31, 2009
$42,500
RT Cousins
Harrison,helene A
Grant Deed
—
Oct 14, 2003
—
Helene A Harrison
—
Deed Of Trust
related
$50,000 · Fitchburg Savings Bank
Dec 5, 1989
—
John Harrison
—
Deed Of Trust
related
$150,000 · Fitchburg Savings 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.
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