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Property profile & analytics
OFF-MARKET
Estimated value
$3,940,000
Industrial properties
180 Pleasant St, Rockland, MA 02370-1229
Entity Owned
~
Est. High Equity
Property ID
US38-1729057
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
24,990 SF
Lot
2 ac (87,120 SF)
Zoning code
INDUST
APN
ROCK M:24 B:0 L:111
UPID
US38-1729057
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
-
Polymer Corporation Liquid Resin Casting Industrial Manufacturer Production Facility
-
Polymer Holding Corporation Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.09M
Comparable Approach
Comparable
$4.17M
Blend (final)
Blend
$3.94M
Owner & transaction history
Rr 180 Pleasant LLC
Rr 180 Pleasant LLC
since 2026
Last sale
$3.8M
7 recorded transactions
Zoning & alternative use
INDUST · Rockland, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Rockland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockland 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,430,000
6.5%
$4,090,000
7%
$3,795,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,675,000
Current use
RETAIL STORES
$5,185,000
Change: -9% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,165,000
Change: -9% · Conversion: Easy
OFFICE BUILDING
$5,050,000
Change: -11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,550,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$3.94M
Range $3.55M – $4.33M · ±10% · vs last sale $3.75M (Feb 3 2026)
Last sale anchor
$3.75M
Feb 3 2026
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
$158 / 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
$26,976
Tax year 2024
Assessed value
$1,918,600
Assessed 2024
Previous assessed
$1,760,100
+9.0% YoY
Effective rate
1.41%
On assessed value
Assessed improvement
$1,918,600
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Buildings
1
Stories
1
Total area
24,990 SF
Lot
2 ac (87,120 SF)
Zoning code
INDUST
APN
ROCK M:24 B:0 L:111
UPID
US38-1729057
Jurisdiction
ROCKLAND
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
INDUST · Rockland, MA
Zoning INDUST · permitted uses
INDUST · Rockland, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$5.7M
RETAIL STORES
Est. value
$5.2M
AUTO REPAIR, GARAGE
Est. value
$5.2M
OFFICE BUILDING
Est. value
$5.1M
COMMERCIAL (GENERAL)
Est. value
$4.6M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Stories
1
Buildings
1
Lot
2 ac
Current owner
From public records · entity-resolved
Rr 180 Pleasant LLC
Entity
Mailing address
180 PLEASANT ST, ROCKLAND, MA 02370-1229
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2026
$3,750,000
Rr 180 Pleasant LLC
Robbie Howard St LP
Deed
$2,437,500 · Mountain 1st Bank & Trust Co
Feb 8, 2019
—
Robbie Howard Street LP
—
Deed
related
$150,000 · South Shore Bank
Nov 29, 2016
—
Robbie Howard Street L
—
Deed
related
$1,320,000 · South Shore Bank
Sep 25, 2006
$1
Welch RT
Diven Prop LLC
Grant Deed
—
Sep 6, 2000
—
Polymer Design Corp
—
Deed Of Trust
related
$6,850,000 · Lasalle Bank Fsb
Dec 31, 1997
—
Polymer Design Corp
—
Deed Of Trust
related
$3,760,000 · Us Trust Co
Oct 9, 1997
$125,000
Pdc Aquisition Corp
J&s RT
Grant Deed
—
Mar 21, 1997
$975,000
Pdc Acquisition Corp
J&s RT
Grant Deed
—
Dec 21, 1990
—
J RT
—
Deed Of Trust
related
$658,800 · South Shore 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.
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