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Property profile & analytics
OFF-MARKET
Estimated value
$1,920,000
Commercial real estate
18 Fitchburg Rd Ayer, MA 01432-1004
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-1598888
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
20,016 SF
Lot
2.25 ac (98,010 SF)
Zoning code
GB
APN
AYER M:018 B:0000 L:0003
UPID
US38-1598888
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
-
Nashoba Valley Inn & Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.88M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.84M
Blend (final)
Blend
$1.92M
Owner & transaction history
Pramukh Properties LLC · 3 yrs held
Pramukh Properties LLC
since 2022
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
GB · Ayer, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$3.1M
+13.4%
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 Ayer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ayer 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
$1,850,000
ML approach
$1,875,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,710,000
Current use
INDUSTRIAL (GENERAL)
$3,070,000
Change: +13% · Conversion: Moderate
Blend value · Realmo final
$1.92M
Range $1.73M – $2.11M · ±10% · vs last sale $2.16M (Dec 8 2022)
Last sale anchor
$2.16M
Dec 8 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
$96 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$41,306
Tax year 2022
Assessed value
$1,809,500
Assessed 2024
Previous assessed
$1,530,200
+18.3% YoY
Effective rate
2.28%
On assessed value
Assessed land
$243,900
Assessed improvement
$1,565,600
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Buildings
2
Total area
20,016 SF
Lot
2.25 ac (98,010 SF)
Zoning code
GB
APN
AYER M:018 B:0000 L:0003
UPID
US38-1598888
Jurisdiction
AYER
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
GB · Ayer, MA
Zoning GB · permitted uses
GB · Ayer, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ayer. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.7M
INDUSTRIAL (GENERAL)
Est. value
$3.1M
COMMERCIAL (GENERAL) Current
INDUSTRIAL (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
Heating
NONE
Buildings
2
Lot
2.25 ac
Current owner
From public records · entity-resolved
Pramukh Properties LLC
Entity
Mailing address
767 COLUMBUS AVE, ROCHESTER, NH 03867-3493
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
Nov 14, 2025
—
Pramukh Properties LLC
—
Deed
related
$225,000 · Millyard Bank
Nov 12, 2024
—
Pramukh Properties LLC
—
Deed
related
$2,050,000 · Millyard Bank
Dec 8, 2022
$2,160,000
Pramukh Properties LLC
Ayer Motor Inn LP
Quit Claim Arm's Length For Ne States
$2,000,000 · Ayer Motor Inn LP
Mar 18, 2002
—
Ayer Motor Inn LP
—
Deed Of Trust
related
$1,000,000 · N Middlesex Savings Bank
Jun 30, 1997
—
Ayer Motor LP
—
Deed Of Trust
related
$425,000 · Allied Capital Lend
Oct 17, 1988
—
Ravi Bhakta
—
Deed Of Trust
related
$150,000 · First Service Bank Savings
Oct 2, 1987
$625,000
Ravi Bhakta
Motel Linda INC
Grant Deed
$850,000 · First Service Bank Savings
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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