Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,315,000
Office buildings
18 Main St Natick, MA 01760
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-1407271
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
FRAME
Total area
7,200 SF
Lot
0.04 ac (1,873 SF)
Zoning code
DM
APN
NATI M:00000044 P:00000003
UPID
US38-1407271
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
-
Stone's Auto Service Auto Repair Shop
-
Homestead Steam Cleaning General Contractor Renovation Specialist
-
Route 27 Auto Center Inc. Auto Repair Shop
-
Route 27 Auto Service Inc. Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.32M
Owner & transaction history
Cross Main Street LLC · 3 yrs held
Cross Main Street LLC
since 2023
Last sale
$2.4M
1 recorded transaction
Zoning & alternative use
DM · Natick, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
District is to establish a compact business center which does not include noxious or land-expansive uses, is centrally located, and is designed primarily for pedestrian shoppers, some multi-family dwellings may be included to provide economic viability to such center while adding to the housing stock of the community
Zone name
Downtown Mixed Use
General category
MIXED_USE
Zone area
55.15 ac
Source
Realmo
Top alternative use upside
Restaurant
$2.1M
+51.1%
Auto repair, garage
$2.0M
+46.4%
Neighborhood: shopping center
$2.0M
+44.2%
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 Natick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Natick 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
$2,220,000
ML approach
$2,245,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,090,000
Change: +51% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,025,000
Change: +46% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,995,000
Change: +44% · Conversion: Difficult
RETAIL STORES
$1,940,000
Change: +40% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,860,000
Change: +34% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,660,000
Change: +20% · Conversion: Easy
Blend value · Realmo final
$2.32M
Range $2.08M – $2.55M · ±10% · vs last sale $2.40M (Jun 28 2023)
Last sale anchor
$2.40M
Jun 28 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
$322 / 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
$9,039
Tax year 2024
Assessed value
$737,300
Assessed 2024
Previous assessed
$737,300
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$340,400
Assessed improvement
$396,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Rooms
4
Total area
7,200 SF
Lot
0.04 ac (1,873 SF)
Zoning code
DM
APN
NATI M:00000044 P:00000003
UPID
US38-1407271
Jurisdiction
NATICK
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
DM · Natick, MAZoning DM · permitted uses
DM · Natick, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
District is to establish a compact business center which does not include noxious or land-expansive uses, is centrally located, and is designed primarily for pedestrian shoppers, some multi-family dwellings may be included to provide economic viability to such center while adding to the housing stock of the community
Zone name
Downtown Mixed Use
General category
MIXED_USE
Zone area
55.15 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.0M
RETAIL STORES
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1900
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Rooms
4
Lot
0.04 ac
Current owner
From public records · entity-resolved
Cross Main Street LLC
Entity
Mailing address
18 MAIN ST, NATICK, MA 01760
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2023
$2,400,000
Cross Main Street LLC
10 Main Street Natick LLC
Quit Claim Arm's Length For Ne States
$1,800,000 · Needham Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 18 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
