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Property profile & analytics
OFF-MARKET
Estimated value
$16,590,000
Manufacturing properties
17 Gilmore Dr Sutton, MA 01590-2745
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-0918955
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2003
Construction
STEEL FRAME
Total area
116,864 SF
Lot
16.87 ac (734,857 SF)
Zoning code
OLI
APN
SUTT M:0051 P:93
UPID
US38-0918955
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
-
Source International Corp. Production Facility Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$16.42M
Comparable Approach
Comparable
$10.42M
Blend (final)
Blend
$16.59M
Owner & transaction history
83 Gs17 Owner LLC · 2 yrs held
83 Gs17 Owner LLC
since 2023
Last sale
$19.5M
7 recorded transactions
Zoning & alternative use
OLI · Sutton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$22.0M
+135.6%
Retail stores
$18.3M
+96.0%
Auto repair, garage
$17.9M
+91.7%
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 Sutton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sutton 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
$17,130,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$17,780,000
6.5%
$16,415,000
7%
$15,240,000
Alternative Use
Use
Estimation
RESTAURANT
$22,035,000
Change: +136% · Conversion: Difficult
RETAIL STORES
$18,335,000
Change: +96% · Conversion: Moderate
AUTO REPAIR, GARAGE
$17,930,000
Change: +92% · Conversion: Easy
OFFICE BUILDING
$15,890,000
Change: +70% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$14,750,000
Change: +58% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$14,020,000
Change: +50% · Conversion: Difficult
COMMERCIAL (GENERAL)
$12,860,000
Change: +38% · Conversion: Difficult
Blend value · Realmo final
$16.59M
Range $14.93M – $18.25M · ±10% · vs last sale $19.50M (Jul 27 2023)
Last sale anchor
$19.50M
Jul 27 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
$142 / 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
$88,993
Tax year 2024
Assessed value
$7,018,400
Assessed 2024
Previous assessed
$7,018,400
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$1,485,900
Assessed improvement
$5,532,500
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2003
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
2
Total area
116,864 SF
Lot
16.87 ac (734,857 SF)
Zoning code
OLI
APN
SUTT M:0051 P:93
UPID
US38-0918955
Jurisdiction
SUTTON
Zoning & alternative use
OLI · Sutton, MA
Zoning OLI · permitted uses
OLI · Sutton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sutton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$22.0M
RETAIL STORES
Est. value
$18.3M
AUTO REPAIR, GARAGE
Est. value
$17.9M
OFFICE BUILDING
Est. value
$15.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$14.0M
COMMERCIAL (GENERAL)
Est. value
$12.9M
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
2003
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
2
Lot
16.87 ac
Current owner
From public records · entity-resolved
83 Gs17 Owner LLC
Entity
Mailing address
17 GILMORE DR, SUTTON, MA 01590-2745
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2024
—
83 Gs17 Owner LLC
—
Deed
related
$92,150,000 · Sumitomo Mitsui Banking Corporation
Jul 27, 2023
$19,500,000
83 Gs17 Owner LLC
Mcp III Gilmore LLC
Quit Claim Arm's Length For Ne States
—
Jul 1, 2021
$17,500,000
Mcp 3 Gilmore LLC
Ijan Ma Realty LLC
Quit Claim Arm's Length For Ne States
$11,673,000 · Citizens Bank
Feb 17, 2017
—
Ijan Ma Realty LLC
—
Deed
related
$6,000,000 · Wells Fargo Bank NA
Jul 23, 2003
$1
Mass Electric Co
Ijan Ma LLC
Grant Deed
related
—
May 14, 2003
—
Ijan Ma Realty LLC
—
Deed Of Trust
related
$5,100,000 · J P Morgan Chase Bank
Dec 9, 2002
$1,686,600
Ijan Ma LLC
Sutton Park Assoc LLC
Grant Deed
—
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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