Individually Owned 
For Sale
1 / 35
$1,775,000
174 Davis St, Douglas, MA 01516
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Property summary
AI-generated overview
Flex space within a single-tenant industrial building on a large lot, totaling approximately 5,324 square feet and configured to combine finished office areas with warehouse capabilities. The first floor contains about 1,280 square feet of office space, including a reception area, private office, dedicated lab/tech room, break room, and two handicap-accessible bathrooms. The second floor provides an additional roughly 1,280 square feet of flexible office space intended for uses such as tech/lab, sales, or administration, and includes a private bathroom; this level can be opened to the industrial area to function as a mezzanine for light storage. The warehouse/industrial portion comprises approximately 2,764 square feet with an 18-foot clear ceiling height, a 14' x 12' rear drive-in bay, and a 10' x 8' side loading dock. The property is designed for light manufacturing, assembly, research and development, distribution, showroom, or service use, with substantial parking and truck access provided on the expansive lot.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2000
Construction
STEEL FRAME
Total area
4,390 SF
Lot
2.45 ac (106,722 SF)
Zoning code
IND
APN
DOUG M:0192 B:0000004 L:
UPID
US38-1703929
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Computer & Electronic Repair Tech Support Center
-
Computer & Electronic Repair Tech Support Center
-
Computer & Electronic Repair
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$340k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$440k
Owner & transaction history
since 2025
7 recorded transactions
Zoning & alternative use
IND · Douglas, MA
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$440k
Value range
$396k – $484k
±10% around blend
Estimated value / SF
$100 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
60
Income certainty
100
$396k
blend $440k
$484k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,390 SF
Lot area
2.45 ac
Year built
2000
Stories
1
APN
DOUG M:0192 B:0000004 L:
Zoning
IND
Assessed value
$837,500
Annual tax
$11,323
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$11,323
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$650k
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
19.8 mi away · 5,664 SF
20.5 mi away · 3,081 SF
20.6 mi away · 3,721 SF
20.8 mi away · 3,120 SF
24.3 mi away · 4,014 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$440k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 209 sales
$80
+25%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $100/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Selected market yield
5.47%
Selected cap rate for this manufacturing properties
Derived from the Douglas market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.47%
9.0%
NOI (est.)
$97k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.77M
Move the market yield to see immediate price impact.
Value / SF
$404
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.97%5.47%5.97%
$87k
$1.76M
$1.60M
$1.46M
$97k
$1.95M
$1.77M
$1.63M
$107k
$2.15M
$1.95M
$1.79M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$825k
18.4 mi · Oct 2025 · $184/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$11,323
Tax year 2024
Assessed value
$837,500
Assessed 2024
Previous assessed
$837,500
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$433,900
Assessed improvement
$403,600
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
3
Total area
4,390 SF
Lot
2.45 ac (106,722 SF)
Zoning code
IND
APN
DOUG M:0192 B:0000004 L:
UPID
US38-1703929
Jurisdiction
DOUGLAS
Zoning & alternative use
IND · Douglas, MAZoning IND · permitted uses
IND · Douglas, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
3
Lot
2.45 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
IND
Jurisdiction
Douglas, MA
Recorded code
IND
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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