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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Warehouses
16 Technology Dr Auburn, MA 01501-3211
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-1104385
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Construction
STEEL FRAME
Total area
5,589 SF
Lot
0.62 ac (27,047 SF)
APN
AUBU M:0042 L:0037
UPID
US38-1104385
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
by Request
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
$629k
Blend (final)
Blend
$835k
Owner & transaction history
Auburn Technologies LLC · 1 yrs held
Auburn Technologies LLC
since 2025
Last sale
$850,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+87.9%
Retail stores
$875,000
+56.4%
Auto repair, garage
$855,000
+52.9%
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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$560,000
Current use
RESTAURANT
$1,055,000
Change: +88% · Conversion: Difficult
RETAIL STORES
$875,000
Change: +56% · Conversion: Moderate
AUTO REPAIR, GARAGE
$855,000
Change: +53% · Conversion: Easy
OFFICE BUILDING
$760,000
Change: +36% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$705,000
Change: +26% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$670,000
Change: +20% · Conversion: Difficult
COMMERCIAL (GENERAL)
$615,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$835k
Range $752k – $919k · ±10% · vs last sale $850k (Jan 15 2025)
Last sale anchor
$850k
Jan 15 2025
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
$149 / 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
$8,055
Tax year 2024
Assessed value
$479,200
Assessed 2024
Previous assessed
$432,300
+10.8% YoY
Effective rate
1.68%
On assessed value
Assessed land
$103,900
Assessed improvement
$375,300
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Bathrooms
1
Total area
5,589 SF
Lot
0.62 ac (27,047 SF)
APN
AUBU M:0042 L:0037
UPID
US38-1104385
Jurisdiction
AUBURN
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
WAREHOUSE, STORAGE Current
Est. value
$560,000
RESTAURANT
Est. value
$1.1M
RETAIL STORES
Est. value
$875,000
AUTO REPAIR, GARAGE
Est. value
$855,000
OFFICE BUILDING
Est. value
$760,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$705,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$670,000
COMMERCIAL (GENERAL)
Est. value
$615,000
WAREHOUSE, STORAGE 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
1998
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Auburn Technologies LLC
Entity
Mailing address
17 NWNW RD, SPENCER, MA 01562-1300
Ownership since
2025
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
Apr 15, 2025
$850,000
Auburn Technologies LLC
Vbnbc Realty LLC
Deed
$425,000 · Cambridge Savings Bank
Apr 15, 2025
—
Auburn Technologies LLC
—
Deed
related
$351,000 · Bay Colony Development Corp
Apr 3, 2012
$1
Vbnbc Realty LLC
Cloutier,vincent P
Grant Deed
related
—
May 15, 2003
—
Vincent P Cloutier
—
Deed Of Trust
related
$182,000 · Flagship Bank & Trust
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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