New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,270,000
Hotels
164 Washington St, Plainville, MA 02762-1302
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-1588273
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2010
Construction
CONCRETE
Total area
31,559 SF
Lot
1.12 ac (48,787 SF)
Zoning code
CC
APN
PLAI M:4 L:35A
UPID
US38-1588273
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
$5.30M
CAP Approach
CAP
$3.66M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.27M
Owner & transaction history
Memuna LLC · 3 yrs held
Memuna LLC
since 2023
Last sale
$5.2M
7 recorded transactions
Zoning & alternative use
CC · Plainville, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.8M
+954.3%
Commercial (general)
$4.3M
+570.4%
Restaurant
$4.1M
+535.6%
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 Plainville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plainville 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
$5,480,000
ML approach
$5,300,000
CAP Approach
CAP Return
Estimation
6%
$3,960,000
6.5%
$3,655,000
7%
$3,390,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,765,000
Change: +954% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,300,000
Change: +570% · Conversion: Difficult
RESTAURANT
$4,080,000
Change: +536% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,925,000
Change: +512% · Conversion: Difficult
MEDICAL BUILDING
$3,610,000
Change: +463% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,265,000
Change: +409% · Conversion: Difficult
Blend value · Realmo final
$5.27M
Range $4.74M – $5.80M · ±10% · vs last sale $5.15M (Jan 25 2023)
Last sale anchor
$5.15M
Jan 25 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
$167 / 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
$72,798
Tax year 2024
Assessed value
$3,874,300
Assessed 2024
Previous assessed
$3,874,300
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$206,600
Assessed improvement
$3,667,700
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2010
Construction
CONCRETE
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
60
Total area
31,559 SF
Lot
1.12 ac (48,787 SF)
Zoning code
CC
APN
PLAI M:4 L:35A
UPID
US38-1588273
Jurisdiction
PLAINVILLE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
CC · Plainville, MA
Zoning CC · permitted uses
CC · Plainville, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plainville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$6.8M
COMMERCIAL (GENERAL)
Est. value
$4.3M
RESTAURANT
Est. value
$4.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.9M
MEDICAL BUILDING
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$3.3M
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2010
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
60
Lot
1.12 ac
Current owner
From public records · entity-resolved
Memuna LLC
Entity
Mailing address
164 WASHINGTON ST, PLAINVILLE, MA 02762-1302
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2025
—
Memuna LLC
—
Deed
related
$1,538,000 · New England Certified Development Corp
Jan 25, 2023
$5,150,000
Memuna LLC
Shreeji Realty LLC
Quit Claim Arm's Length For Ne States
$2,995,500 · Baycoast Bank
Feb 27, 2019
—
Shreeji Realty LLC
—
Deed
related
$7,592,900 · Bridgewater Savings Bank
Nov 26, 2013
—
Shreeji Realty LLC
—
Deed Of Trust
related
$5,000,000 · Bridgewater Cu
Apr 28, 2009
$600,000
Shreeji Realty LLC
Shreeji INC
Deed
$4,300,000 · Home Ln & Invest Bk
Oct 4, 2005
—
Shreeji INC
—
Deed Of Trust
related
$225,000 · Worth Funding INC
Apr 27, 1999
—
Shree Ji INC
—
Deed Of Trust
related
$650,665 · Zuckerman Family Nomi
Aug 18, 1998
—
Shreeji INC
—
Deed Of Trust
related
$110,980 · Zuckerman Family Nomi
Nov 8, 1988
$300,000
Mahendra Patel
Walsh,patrick J
Grant Deed
$251,000 · Durfee Attleboro Bk
Jun 2, 1988
—
Shreeji INC
—
Deed Of Trust
related
$550,000 · Baybank Southeast
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 164 Washington St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
