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Property profile & analytics
OFF-MARKET
Estimated value
$13,200,000
Automotive properties
163 Washington St, Auburn, MA 01501-3013
Entity Owned
4-yr Hold
Free & Clear
Property ID
US38-2499389
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2012
Construction
STEEL FRAME
Total area
54,498 SF
Lot
6 ac (261,360 SF)
APN
AUBU M:0027 L:0013
UPID
US38-2499389
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
-
Lundgren Honda of Auburn Car Dealership
-
Aaron Tillberry: Allstate Insurance Insurance Agency
-
Lundgren Honda of Auburn Service Center Auto Repair Shop
-
Lundgren Honda of Auburn Parts Center Auto Parts Store
-
Dealers Insurance Partners Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.51M
Blend (final)
Blend
$13.20M
Owner & transaction history
Lac 145-163 Wa Street LLC · 4 yrs held
Lac 145-163 Wa Street LLC
since 2022
Last sale
$18.5M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$10.3M
+22.9%
Retail stores
$8.6M
+2.3%
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 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
$17,820,000
ML approach
$8,815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$8,360,000
Current use
RESTAURANT
$10,275,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$8,550,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$13.20M
Range $11.88M – $14.52M · ±10% · vs last sale $18.46M (Jun 7 2022)
Last sale anchor
$18.46M
Jun 7 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
$242 / 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
$138,733
Tax year 2024
Assessed value
$8,253,000
Assessed 2024
Previous assessed
$8,070,900
+2.3% YoY
Effective rate
1.68%
On assessed value
Assessed land
$1,107,000
Assessed improvement
$7,146,000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2012
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
6
Bathrooms
2
Total area
54,498 SF
Lot
6 ac (261,360 SF)
APN
AUBU M:0027 L:0013
UPID
US38-2499389
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
AUTO REPAIR, GARAGE Current
Est. value
$8.4M
RESTAURANT
Est. value
$10.3M
RETAIL STORES
Est. value
$8.6M
AUTO REPAIR, GARAGE Current
RESTAURANT
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
2012
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
6
Bathrooms
2
Lot
6 ac
Current owner
From public records · entity-resolved
Lac 145-163 Wa Street LLC
Entity
Free & Clear · 4 yrs held
Mailing address
30 LIBERTY BLVD STE #201, MALVERN, PA 19355-1466
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2022
$18,461,538
Lac 145-163 Wa Street LLC
B&p Properties LLC
Quit Claim Arm's Length For Ne States
—
Dec 7, 2011
$1
B&p Props LLC
163 Washington Street Nt
Grant Deed
related
—
Sep 16, 2008
—
163 Washington Street Nt
—
Deed Of Trust
related
$1,120,000 · Country Bank
Sep 5, 2008
$875,000
163 Washington St. Nt
Stolpe,norma M
Grant Deed
—
Nov 21, 2007
$1
Norma M Stolpe
Stolpe,norma M
Grant Deed
related
—
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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