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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Manufacturing properties
163 Riv Rd, Clarksburg, MA 01247-2147
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0844753
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1900
Total area
187,000 SF
Lot
5.8 ac (252,648 SF)
Zoning code
R1
APN
CLAR M:2080 B:0000 L:00080
UPID
US38-0844753
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
-
RIBCO Supply Big Box & Wholesale Store Construction Company
-
R.I. Baker Co., Inc. Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$555k
Owner & transaction history
Old Mill Holdings LLC · 3 yrs held
Old Mill Holdings LLC
since 2023
Last sale
$410,445
3 recorded transactions
Zoning & alternative use
R1 · Clarksburg, 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 Clarksburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clarksburg 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
$480,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±10% · vs last sale $410k (May 1 2023)
Last sale anchor
$410k
May 1 2023
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
$3 / 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
$6,356
Tax year 2024
Assessed value
$414,100
Assessed 2024
Previous assessed
$401,300
+3.2% YoY
Effective rate
1.53%
On assessed value
Assessed land
$93,300
Assessed improvement
$320,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1900
Heating
FORCED AIR
Buildings
1
Stories
2
Total area
187,000 SF
Lot
5.8 ac (252,648 SF)
Zoning code
R1
APN
CLAR M:2080 B:0000 L:00080
UPID
US38-0844753
Jurisdiction
CLARKSBURG
Zoning & alternative use
R1 · Clarksburg, MA
Zoning R1 · permitted uses
R1 · Clarksburg, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clarksburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
FORCED AIR
Stories
2
Buildings
1
Lot
5.8 ac
Current owner
From public records · entity-resolved
Old Mill Holdings LLC
Entity
Mailing address
PO BOX 895, NORTH ADAMS, MA 01247-0895
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2025
—
Mark Therrien JR LLC
—
Deed
related
$30,000 · Old Mill Holding LLC
May 1, 2023
—
Old Mill Holdings LLC
R I Baker Co INC
Quit Claim Deed
related
$100,000 · Adams Community Bank
Feb 27, 2006
$410,445
Clarksburg Realty INC
Meehan & Co INC
Grant Deed
$410,445 · Meehan & Co INC
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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