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Property profile & analytics
OFF-MARKET
Estimated value
$1,380,000
Industrial properties
183-185 Davis St Douglas, MA 01516
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-1104972
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1986
Construction
STEEL FRAME
Total area
8,688 SF
Lot
2.15 ac (93,654 SF)
Zoning code
IND
APN
DOUG M:0193 B:0000003 L:
UPID
US38-1104972
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.42M
CAP Approach
CAP
$1.21M
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$1.38M
Owner & transaction history
Consortium Realty LLC · 3 yrs held
Consortium Realty LLC
since 2023
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
IND · Douglas, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+71.3%
Retail stores
$1.4M
+42.6%
Auto repair, garage
$1.3M
+39.4%
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 Douglas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Douglas 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
$1,405,000
ML approach
$1,420,000
CAP Approach
CAP Return
Estimation
6%
$1,305,000
6.5%
$1,205,000
7%
$1,120,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$955,000
Current use
RESTAURANT
$1,640,000
Change: +71% · Conversion: Difficult
RETAIL STORES
$1,365,000
Change: +43% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,335,000
Change: +39% · Conversion: Difficult
OFFICE BUILDING
$1,180,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,095,000
Change: +15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,040,000
Change: +9% · Conversion: Moderate
WAREHOUSE, STORAGE
$870,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.38M
Range $1.24M – $1.52M · ±10% · vs last sale $1.60M (Jun 30 2023)
Last sale anchor
$1.60M
Jun 30 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
$159 / 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
$17,557
Tax year 2024
Assessed value
$1,298,600
Assessed 2024
Previous assessed
$1,298,600
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$400,900
Assessed improvement
$897,700
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
2
Bathrooms
5
Total area
8,688 SF
Lot
2.15 ac (93,654 SF)
Zoning code
IND
APN
DOUG M:0193 B:0000003 L:
UPID
US38-1104972
Jurisdiction
DOUGLAS
Zoning & alternative use
IND · Douglas, MA
Zoning IND · permitted uses
IND · Douglas, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Douglas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$955,000
RESTAURANT
Est. value
$1.6M
RETAIL STORES
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$870,000
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1986
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
2
Bathrooms
5
Lot
2.15 ac
Current owner
From public records · entity-resolved
Consortium Realty LLC
Entity
Mailing address
183 DAVIS ST #185, DOUGLAS, MA 01516-2313
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2023
$1,600,000
Consortium Realty LLC
183 Davis Street RT
Quit Claim Arm's Length For Ne States
$1,500,000 · Uxbirdge Pro Storage
Jul 13, 2022
—
442 Quaker Highway RT
—
Deed
related
$1,800,000 · Cornerstone Bank
May 20, 2022
$1,240,000
183 Davis Street RT
A-1 Davis Street LLC
Quit Claim Arm's Length For Ne States
$750,000 · Cornerstone Bank
Jul 8, 2021
$1,030,000
A1 Davis Street LLC
G&g RT
Quit Claim Arm's Length For Ne States
$997,500 · Unibank For Savings
Sep 19, 2001
—
G RT
—
Deed Of Trust
related
$290,000 · Unibank For Savings
Jan 5, 1999
$320,000
G RT
Rocha,kathleen M
Grant Deed
$132,000 · Zuckerman Family Nomi
Jan 5, 1999
—
G RT
—
Deed Of Trust
related
$160,000 · Unibank For 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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