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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Industrial properties
159 Clinton Rd, Sterling, MA 01564-2357
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0950896
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1984
Construction
STEEL FRAME
Total area
6,400 SF
Lot
2.66 ac (115,870 SF)
APN
STER M:00069 L:00008
UPID
US38-0950896
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
$850k
CAP Approach
CAP
$900k
Comparable Approach
Comparable
$584k
Blend (final)
Blend
$830k
Owner & transaction history
Lindon LLC · 4 yrs held
Lindon LLC
since 2021
Last sale
$800,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+135.6%
Retail stores
$1.0M
+96.0%
Auto repair, garage
$980,000
+91.7%
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 Sterling submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sterling 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
$790,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
$975,000
6.5%
$900,000
7%
$835,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$510,000
Current use
RESTAURANT
$1,205,000
Change: +136% · Conversion: Difficult
RETAIL STORES
$1,005,000
Change: +96% · Conversion: Moderate
AUTO REPAIR, GARAGE
$980,000
Change: +92% · Conversion: Easy
OFFICE BUILDING
$870,000
Change: +70% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$810,000
Change: +58% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$770,000
Change: +50% · Conversion: Difficult
COMMERCIAL (GENERAL)
$705,000
Change: +38% · Conversion: Difficult
Blend value · Realmo final
$830k
Range $747k – $913k · ±10% · vs last sale $800k (Nov 4 2021)
Last sale anchor
$800k
Nov 4 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
$130 / 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
$5,976
Tax year 2024
Assessed value
$449,000
Assessed 2024
Previous assessed
$354,800
+26.6% YoY
Effective rate
1.33%
On assessed value
Assessed land
$176,000
Assessed improvement
$273,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1984
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
6,400 SF
Lot
2.66 ac (115,870 SF)
APN
STER M:00069 L:00008
UPID
US38-0950896
Jurisdiction
STERLING
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
INDUSTRIAL (GENERAL) Current
Est. value
$510,000
RESTAURANT
Est. value
$1.2M
RETAIL STORES
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$980,000
OFFICE BUILDING
Est. value
$870,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$810,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$770,000
COMMERCIAL (GENERAL)
Est. value
$705,000
INDUSTRIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1984
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
2.66 ac
Current owner
From public records · entity-resolved
Lindon LLC
Entity
Mailing address
62 HAWTHORNE LN, LANCASTER, MA 01523-2199
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2021
$800,000
Lindon LLC
Sierra RT
Quit Claim Arm's Length For Ne States
$500,000 · Enterprise Bank & Trust Co
Dec 21, 1993
$155,000
R T Sierra
Houle,gerard P
Grant Deed
—
Dec 24, 1991
$340,000
Michael T Starr
Worc Cty Instit Svgs
Grant Deed
$289,000 · Zenon Grzybowski
Jan 8, 1991
$455,392
Worcester County Inst
Dkst Development
Grant Deed
—
Mar 13, 1989
—
Dkst Dev Corp
—
Deed Of Trust
related
$320,000 · Worc County Inst Savings
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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