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Property profile & analytics
OFF-MARKET
Estimated value
$2,940,000
Warehouses
162 Industrial Blvd Hanson, MA 02341-1538
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-1871679
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Construction
STEEL FRAME
Total area
37,412 SF
Lot
5.49 ac (239,144 SF)
Zoning code
100
APN
HANS M:59 B:0 P:17-3
UPID
US38-1871679
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
Current use
Occupant on record · Public records
-
Clean Systems of America Inc Carpet Cleaning Service
-
South Shore Manufacturing Production Facility Industrial Manufacturer
-
Cain Manufacturing Co Production Facility Metal Fabrication Plant
-
Floor Coverings International Pembroke Carpet & Flooring Store Hardware & Home Improvement
-
Mass Sealcoat General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.94M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.44M
Blend (final)
Blend
$2.94M
Owner & transaction history
Ibh LLC · 1 yrs held
Ibh LLC
since 2024
Last sale
$2.9M
6 recorded transactions
Zoning & alternative use
100 · Hanson, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Hanson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hanson 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
$2,940,000
ML approach
$2,940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,370,000
Current use
Blend value · Realmo final
$2.94M
Range $2.65M – $3.23M · ±10% · vs last sale $2.94M (Nov 1 2024)
Last sale anchor
$2.94M
Nov 1 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
$79 / 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
$28,205
Tax year 2024
Assessed value
$2,108,000
Assessed 2024
Previous assessed
$2,108,000
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$390,400
Assessed improvement
$1,717,600
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
GAS
Buildings
1
Stories
1
Total area
37,412 SF
Lot
5.49 ac (239,144 SF)
Zoning code
100
APN
HANS M:59 B:0 P:17-3
UPID
US38-1871679
Jurisdiction
HANSON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
100 · Hanson, MAZoning 100 · permitted uses
100 · Hanson, MA
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
$4.4M
WAREHOUSE, STORAGE Current
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
1987
Construction
STEEL FRAME
Heating
GAS
Stories
1
Buildings
1
Lot
5.49 ac
Current owner
From public records · entity-resolved
Ibh LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1657 CENTRAL ST, STOUGHTON, MA 02072-1609
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2024
$2,940,000
Ibh LLC
J&g Management LLC
Quit Claim Arm's Length For Ne States
—
Nov 15, 2005
$260,000
Hanson RT
J&g Mgmt LLC
Grant Deed
—
Nov 1, 2002
$1,050,000
J&g Mgmt LLC
Potter,michael A
Grant Deed
$730,000 · South Shore Bank
Nov 1, 2002
—
J&g Mtgmt LLC
—
Deed Of Trust
related
$200,000 · Zenon Grzybowski
Jan 31, 1995
$633,000
Hanson 94 RT
Rockland Trust Co
Grant Deed
$531,400 · Rockland Trust Co
Oct 27, 1992
$317,000
Rockland Trust Co
Jd&k RT
Grant Deed
—
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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