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Property profile & analytics
OFF-MARKET
Estimated value
$1,550,000
Industrial properties
168 Walker St Somerset, MA 02725
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-0993725
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1990
Total area
15,638 SF
Lot
2.58 ac (112,385 SF)
Zoning code
C
APN
SOME M:0A7 L:0024
UPID
US38-0993725
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.55M
Owner & transaction history
Jopeca Hldgs LLC · 6 yrs held
Jopeca Hldgs LLC
since 2020
7 recorded transactions
Zoning & alternative use
C · Somerset, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.5M
+41.2%
Auto repair, garage
$2.5M
+39.4%
Neighborhood: shopping center
$2.4M
+34.7%
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 Somerset submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Somerset 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,775,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,505,000
Change: +41% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,470,000
Change: +39% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,390,000
Change: +35% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,070,000
Change: +17% · Conversion: Easy
RESTAURANT
$2,060,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$1,665,000
Change: -6% · Conversion: Moderate
OFFICE BUILDING
$1,540,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.55M
Range $1.40M – $1.71M · ±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
$99 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$24,389
Tax year 2023
Assessed value
$1,014,200
Assessed 2024
Previous assessed
$961,700
+5.5% YoY
Effective rate
2.40%
On assessed value
Assessed land
$322,500
Assessed improvement
$691,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1990
Heating
SPACE
Buildings
4
Stories
2
Total area
15,638 SF
Lot
2.58 ac (112,385 SF)
Zoning code
C
APN
SOME M:0A7 L:0024
UPID
US38-0993725
Jurisdiction
SOMERSET
Zoning & alternative use
C · Somerset, MAZoning C · permitted uses
C · Somerset, 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
INDUSTRIAL (GENERAL) Current
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
WAREHOUSE, STORAGE
Est. value
$2.1M
RESTAURANT
Est. value
$2.1M
RETAIL STORES
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.5M
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
RESTAURANT
RETAIL STORES
OFFICE BUILDING
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
1990
Heating
SPACE
Stories
2
Buildings
4
Lot
2.58 ac
Current owner
From public records · entity-resolved
Jopeca Hldgs LLC
Entity
Mailing address
PO BOX 300, SOMERSET, MA 02726-0300
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2021
—
Jopeca Holdings LLC
—
Deed
related
$4,000,000 · Mountain 1st Bank & Trust Co
Apr 17, 2020
$855,254
Jopeca Hldgs LLC
Duclos Corp
Quit Claim Deed
$1,500,000 · Rockland Tr
Apr 3, 2012
—
Duclos Corp
—
Deed Of Trust
related
$2,840,000 · Rockland Trust Co
Nov 4, 2008
—
Duclos Corp
—
Deed Of Trust
related
$818,000 · South Eastern Econ Dev Corp
Oct 24, 2002
—
Duclos Corp
—
Deed Of Trust
related
$1,500,000 · Slades Ferry Trust Co
Dec 20, 2000
—
Duclos Corp
—
Deed Of Trust
related
$415,000 · South Eastern Econ Dev Corp
Feb 4, 1999
—
Duclos Corp
—
Deed Of Trust
related
$1,000,000 · Slades Ferry Trust Co
Sep 15, 1992
—
Duclos Corp Dba
—
Deed Of Trust
related
$750,000 · Slades Ferry Trust Co
Sep 25, 1987
—
Duclos Corp
—
Deed Of Trust
related
$912,000 · Bank Of New England
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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