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Property profile & analytics
FOR LEASE
Office buildings
181 S Main St, Middleton, MA 01949
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US38-0067868
For Lease
1 / 2
$2,000/Mo
181 S Main St, Middleton, MA 01949
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2014
Construction
FRAME
Total area
2,960 SF
Lot
0.43 ac (18,770 SF)
Zoning code
B
APN
MIDD M:0029 B:0000 L:0009
UPID
US38-0067868
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
-
Stratford Insurance Financial Services, Inc. Insurance Agency
-
North Shore Real Estate Home Team Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.36M
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.20M
Owner & transaction history
South Main St Middleton · 14 yrs held
South Main St Middleton
since 2011
7 recorded transactions
Zoning & alternative use
B · Middleton, 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 Middleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middleton 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%
$1,465,000
6.5%
$1,355,000
7%
$1,255,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$760,000
Current use
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±10%
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
$405 / 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
$13,477
Tax year 2024
Assessed value
$1,143,100
Assessed 2024
Previous assessed
$1,143,100
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$794,700
Assessed improvement
$348,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
For Lease
Year built
2014
Construction
FRAME
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
1
Bathrooms
3
Total area
2,960 SF
Lot
0.43 ac (18,770 SF)
Zoning code
B
APN
MIDD M:0029 B:0000 L:0009
UPID
US38-0067868
Jurisdiction
MIDDLETON
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
B · Middleton, MA
Zoning B · permitted uses
B · Middleton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Middleton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$760,000
OFFICE BUILDING Current
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
2014
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
3
Lot
0.43 ac
Current owner
From public records · entity-resolved
South Main St Middleton
Individual
Mailing address
14 LEDGEWOOD RD, SAUGUS, MA 01906-3184
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2021
—
Middleton South Main St
—
Deed
related
$500,000 · Everett Cooperative Bank
Nov 13, 2013
—
Middleton S Main St LLC
—
Deed Of Trust
related
$600,000 · Everett Coop Bank
Nov 4, 2011
$350,000
South Main St Middleton
Amor,donna J
Grant Deed
—
Feb 26, 2009
—
Donna J Amor
—
Deed Of Trust
related
$171,000 · American Bank & Trust
Aug 25, 2008
—
Donna J Amor
—
Deed Of Trust
related
$160,000 · Countrywide Bank
Oct 27, 2003
—
Donna J Amor
—
Deed Of Trust
related
$105,000 · East-west Mortgage Corp
Oct 15, 2003
—
Donna J Amor
—
Deed Of Trust
related
$105,000 · East-west Mortgage Corp
Feb 6, 2002
—
Donna J Amor
—
Deed Of Trust
related
$90,000 · East-west Mortgage Corp
Feb 9, 2001
—
Donna J Carter
—
Deed Of Trust
related
$50,000 · First Massachusetts Bank
Jun 15, 1994
—
Donna J Carter
—
Deed Of Trust
related
$85,000 · Danvers Savings 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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