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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Investment properties
185 Ayer Rd Harvard, MA 01451-1104
Entity Owned
15-yr Hold
Free & Clear
Property ID
US38-0145289
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1817
Construction
FRAME
Total area
3,544 SF
Lot
2.7 ac (117,612 SF)
APN
HARV M:8 B:59
UPID
US38-0145289
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
by Request
CAP Approach
CAP
$490k
Comparable Approach
Comparable
$596k
Blend (final)
Blend
$520k
Owner & transaction history
12 Lancaster Cnty Rd LLC · 15 yrs held
12 Lancaster Cnty Rd LLC
since 2010
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$555,000
+42.6%
Auto repair, garage
$545,000
+39.4%
Office building
$480,000
+23.6%
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 Harvard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harvard 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%
$535,000
6.5%
$490,000
7%
$455,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$390,000
Current use
RETAIL STORES
$555,000
Change: +43% · Conversion: Easy
AUTO REPAIR, GARAGE
$545,000
Change: +39% · Conversion: Difficult
OFFICE BUILDING
$480,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$445,000
Change: +15% · Conversion: Difficult
WAREHOUSE, STORAGE
$355,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$147 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$12,049
Tax year 2019
Assessed value
$622,700
Assessed 2024
Previous assessed
$612,100
+1.7% YoY
Effective rate
1.93%
On assessed value
Assessed land
$282,000
Assessed improvement
$340,700
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1817
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
4
Rooms
16
Bathrooms
5
Total area
3,544 SF
Lot
2.7 ac (117,612 SF)
APN
HARV M:8 B:59
UPID
US38-0145289
Jurisdiction
HARVARD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$390,000
RETAIL STORES
Est. value
$555,000
AUTO REPAIR, GARAGE
Est. value
$545,000
OFFICE BUILDING
Est. value
$480,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$445,000
WAREHOUSE, STORAGE
Est. value
$355,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1817
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
4
Rooms
16
Bathrooms
5
Lot
2.7 ac
Current owner
From public records · entity-resolved
12 Lancaster Cnty Rd LLC
Entity
Free & Clear · 15 yrs held
Mailing address
43 DELANEY ST, STOW, MA 01775-1063
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2010
$650,000
12 Lancaster Cnty Rd LLC
Holmes,jean L
Grant Deed
—
Nov 7, 2002
—
Jean L Holmes
—
Deed Of Trust
related
$290,089 · Community National Bank
Mar 29, 2000
—
Jean L Holmes
—
Deed Of Trust
related
$200,000 · Community Bank NA
Mar 2, 1998
—
Jean L Holmes
—
Deed Of Trust
related
$243,750 · N Middlesex Savings Bank
Feb 12, 1998
$29,575
Jean L Holmes
Deer Run RT
Grant Deed
—
Mar 31, 1995
—
Jean L Holmes
—
Deed Of Trust
related
$100,000 · Cooperative 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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