Property profile

183-185 Davis St Douglas, MA 01516

OFF-MARKET
Industrial properties
Property ID
US38-1104972
8,688 SF 2.15 ac lot Built 1986
Entity Owned 3-yr Hold ~ Est. High Equity
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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

Location

183-185 Davis St Douglas, MA 01516
Douglas metro Census 752101 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.42M
CAP Approach CAP
$1.21M
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$1.41M

Owner & transaction history

since 2023
Last sale
$1.6M
7 recorded transactions
2023
$1.6M
2022
Price N/A
2022
$1.2M
2021
$1.0M
2001
Price N/A
1999
$320,000
1999
Price N/A

Zoning & alternative use

IND · Douglas, MA
Top alternative use upside
Restaurant $1.6M +71.3%
Retail stores $1.4M +42.6%
Auto repair, garage $1.3M +39.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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