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Property profile & analytics
OFF-MARKET
Estimated value
$4,505,000
Office buildings
175 Paramount Dr, Raynham, MA 02767-1065
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1148813
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Construction
STEEL FRAME
Total area
29,596 SF
Lot
3.01 ac (131,129 SF)
APN
RAYN M:15 B:176 L:4A
UPID
US38-1148813
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
-
Jill Henley, PSYD Physician Medical Clinic
-
DJSA Architecture, PC Architect
-
Elizabeth Ferreira, Counselor Psychotherapist Mental Health Clinic
-
Katherine Blaisdell, LMHC Psychotherapist
-
Gregory Gass, Psychiatrist Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.87M
Blend (final)
Blend
$4.51M
Owner & transaction history
Belmar 175 Paramount LLC · 4 yrs held
Belmar 175 Paramount LLC
since 2022
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.9M
+53.2%
Auto repair, garage
$5.3M
+16.5%
Retail stores
$4.9M
+7.4%
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 Raynham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raynham 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
$5,925,000
ML approach
$6,130,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,520,000
Current use
RESTAURANT
$6,925,000
Change: +53% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,265,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$4,855,000
Change: +7% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$4,740,000
Change: +5% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,520,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,410,000
Change: -2% · Conversion: Easy
WAREHOUSE, STORAGE
$3,915,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$4.51M
Range $4.05M – $4.96M · ±10% · vs last sale $4.45M (May 31 2022)
Last sale anchor
$4.45M
May 31 2022
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
$152 / 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
$71,351
Tax year 2024
Assessed value
$4,249,600
Assessed 2024
Previous assessed
$4,249,600
+0.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$527,000
Assessed improvement
$3,722,600
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
9
Bathrooms
1
Total area
29,596 SF
Lot
3.01 ac (131,129 SF)
APN
RAYN M:15 B:176 L:4A
UPID
US38-1148813
Jurisdiction
RAYNHAM
Zoning & alternative use
Zoning · permitted uses
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
OFFICE BUILDING Current
Est. value
$4.5M
RESTAURANT
Est. value
$6.9M
AUTO REPAIR, GARAGE
Est. value
$5.3M
RETAIL STORES
Est. value
$4.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.5M
COMMERCIAL (GENERAL)
Est. value
$4.4M
WAREHOUSE, STORAGE
Est. value
$3.9M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
9
Bathrooms
1
Lot
3.01 ac
Current owner
From public records · entity-resolved
Belmar 175 Paramount LLC
Entity
Mailing address
176 SPRINGFIELD ST, NEW BEDFORD, MA 02745-1022
Ownership since
2022
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
May 31, 2022
$4,450,000
Belmar 175 Paramount LLC
Paramount Shearwater 175
Quit Claim Arm's Length For Ne States
$3,115,000 · Bluestone Bank
Sep 28, 2017
—
Paramount Shearwater 1
—
Deed
related
$714,000 · Bridgewater Savings Bank
Aug 13, 2015
$2,500,000
Paramount Shearwater 1
Rreef America Reit 3-z
Quit Claim Arm's Length For Ne States
$1,750,000 · Bridgewater Savings Bank
Nov 16, 2005
$1,731,428
Rreef America Reit Corp
Bcia Ne Hldgs LLC
Grant Deed
—
Apr 3, 2001
—
Bcia New Eng Hldgs LLC
—
Deed Of Trust
related
$395,000,000 · David L Babson & Co
Jun 23, 1999
$2,907,879
New England Hold Bcia
Mgi 175 Paramount Dr
Grant Deed
—
Mar 31, 1998
$2,575,000
175 Paramount Dr Mgi
Paramount Dev Assoc
Grant Deed
related
—
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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