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Property profile & analytics
OFF-MARKET
Estimated value
$1,255,000
Super regional malls
165 Market St, Rockland, MA 02370-2633
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US38-0911978
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
46,952 SF
Lot
5.78 ac (251,777 SF)
Zoning code
BUSINE
APN
ROCK M:51 B:0 L:83
UPID
US38-0911978
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
-
Dunkin' Bakery Specialty Food Shop
-
Anh Nails and Spa Nail Salon
-
Oodinee Restaurant Restaurant
-
oodinee Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$1.26M
Owner & transaction history
Rockland Stores LLC · 14 yrs held
Rockland Stores LLC
since 2012
7 recorded transactions
Zoning & alternative use
BUSINE · Rockland, 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 Rockland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockland 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
$1,010,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,825,000
Current use
Blend value · Realmo final
$1.26M
Range $1.13M – $1.38M · ±10%
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
$27 / 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
$71,177
Tax year 2024
Assessed value
$5,062,400
Assessed 2024
Previous assessed
$4,484,700
+12.9% YoY
Effective rate
1.41%
On assessed value
Assessed land
$1,098,700
Assessed improvement
$3,963,700
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
46,952 SF
Lot
5.78 ac (251,777 SF)
Zoning code
BUSINE
APN
ROCK M:51 B:0 L:83
UPID
US38-0911978
Jurisdiction
ROCKLAND
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
BUSINE · Rockland, MA
Zoning BUSINE · permitted uses
BUSINE · Rockland, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER 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
1965
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
5.78 ac
Current owner
From public records · entity-resolved
Rockland Stores LLC
Entity
Mailing address
540 GALLIVAN BLVD, DORCHESTER, MA 02124-5400
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2013
—
Rockland Stores LLC
—
Deed Of Trust
related
$1,750,000 · Worth Funding INC
May 22, 2012
$3,125,000
Rockland Stores LLC
Rockland Plaza Nt
Grant Deed
$2,150,000 · Hingham Institute For Savings
May 10, 2011
—
Calvary Chapel Of Boston
—
Deed Of Trust
related
$1,602,654 · Zions First National Bank
Jun 4, 2004
—
Calvary,chapel Of Boston
—
Deed Of Trust
related
$2,000,000 · Yellow Freight Ecu
Jul 3, 1998
—
Chapel Boston Calvary
—
Deed Of Trust
related
$595,000 · Yahweh T
Jun 30, 1998
$700,000
Chapel Boston Calvary
Rockland Plaza Nt
Grant Deed
$595,000 · Zenon Grzybowski
Feb 24, 1988
—
Mini Storage Rockland
—
Deed Of Trust
related
$4,500,000 · Maine Savings Bank
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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