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Property profile & analytics
OFF-MARKET
Estimated value
$5,680,000
Commercial real estate
190 Mdw St, Lee, MA 01238
Individually Owned
2-yr Hold
Free & Clear
Property ID
US38-0127079
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
70,278 SF
Lot
5.23 ac (227,819 SF)
Zoning code
CR
APN
LEEE M:029 B:00 L:0000-0136.0
UPID
US38-0127079
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.37M
Blend (final)
Blend
$5.68M
Owner & transaction history
Esther Padilla · 2 yrs held
Esther Padilla
since 2024
7 recorded transactions
Zoning & alternative use
CR · Lee, 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 Lee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lee 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$9,135,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$5.68M
Range $5.11M – $6.25M · ±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
$81 / 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
$57,000
Tax year 2024
Assessed value
$5,071,200
Assessed 2024
Previous assessed
$4,806,200
+5.5% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,004,700
Assessed improvement
$4,066,500
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Buildings
4
Total area
70,278 SF
Lot
5.23 ac (227,819 SF)
Zoning code
CR
APN
LEEE M:029 B:00 L:0000-0136.0
UPID
US38-0127079
Jurisdiction
LEE
Zoning & alternative use
CR · Lee, MA
Zoning CR · permitted uses
CR · Lee, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$9.1M
AUTO REPAIR, GARAGE
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
Heating
NONE
Buildings
4
Lot
5.23 ac
Current owner
From public records · entity-resolved
Esther Padilla
Individual
Free & Clear · 2 yrs held
Mailing address
8043 SW 151ST AVE, MIAMI, FL 33193-1424
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
54 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2024
—
Esther Padilla
Iris Rosario
Warranty Deed
—
Mar 15, 2023
—
Samuel J Doucet Ret
Samuel J Doucet
Deed
—
Dec 7, 2022
—
Curtis S Joseph
Barbara Stokes
Deed
—
Sep 8, 2022
—
Kerington Bingham
Denis Merchant
Warranty Deed
—
Mar 2, 2022
—
Marshall Bourdier
Audrey M Barbieri
Quit Claim Deed
related
—
Jan 18, 2022
—
Brian C Wright
Brian C Wright
Deed
related
—
Aug 20, 2021
$200
Jennifer Clarke
Giuliana Vietro
Deed
—
Aug 4, 2021
—
Dennis M Donnelly
Dennis M Donnelly
Quit Claim Deed
related
—
Oct 11, 2019
—
Silverleaf Resorts INC
Natasha C Young
Quit Claim Deed
related
—
May 21, 2019
—
Silverleaf Resorts INC
Hersh,theresa A
Quit Claim Deed
related
—
Mar 1, 2019
—
Silverleaf Resorts INC
Zamilatskiy,dmitriy
Quit Claim Deed
related
—
Feb 14, 2019
—
Silverleaf Resorts INC
Grossman,joel
Quit Claim Deed
related
—
Oct 12, 2018
—
Carissa Liccardi
Piktelis,denise A
Quit Claim Deed
related
—
Sep 27, 2018
—
Elizabeth K Duliban
Dorothy B Scott T
Quit Claim Deed
related
—
Sep 20, 2018
—
F Muleroe Ents LLC
Bailey,charles R & Lillian J
Warranty Deed
—
Sep 14, 2018
—
Silverleaf Resorts INC
Oloughlin,david J
Quit Claim Deed
related
—
Aug 7, 2018
—
Terry Durst
Smith,richard A
Quit Claim Deed
related
—
Jul 17, 2018
—
Evelyn Nathan-addow
Godlewski,stanley P
Quit Claim Deed
related
—
Jul 9, 2018
—
James Dahn-payne
Hopkins,trisha
Quit Claim Deed
related
—
Jun 12, 2018
—
Delbert L Phillips
Brown,gary J & Helen M
Warranty Deed
—
Jun 11, 2018
$1,999
Eric Kriebel
Golemme,patricia
Correction Deed
related
—
May 23, 2018
—
Marina Bay & Midler Svc LLC
Goldring,steven R & Mary B
Warranty Deed
—
May 10, 2018
—
James R Paradis
Bailey,thomas R & Dena J
Warranty Deed
—
Apr 4, 2018
—
Desilets Family Trust
Desilets,douglas C & Marian H
Warranty Deed
—
Feb 28, 2018
—
Silverleaf Resorts INC
Schattgen,carl R & Margaret
Quit Claim Deed
related
—
Feb 27, 2018
—
Martin Toly
Fractional Properties INC
Quit Claim Deed
related
—
Feb 21, 2018
—
Artur Bilva
Wanamaker,patricia & Stephen
Quit Claim Deed
related
—
Dec 29, 2017
—
All Real Estate Ownership
Brown,ricardo & Regina M
Quit Claim Deed
related
—
Dec 20, 2017
—
Joan Barnett
Groupwise INC
Quit Claim Deed
related
—
Nov 21, 2017
—
1 Corinthians Cmnty Dev
Mcguire,derek J
Quit Claim Deed
related
—
Nov 6, 2017
—
Fractional Properties INC
Reens,daniel J & Susan M
Quit Claim Deed
related
—
Sep 22, 2017
—
John H Breault
Gustason,vernon C & Coeta K
Quit Claim Deed
related
—
Sep 14, 2017
—
Framingham Refrigeration
Schauwecker,f C & Linda V
Quit Claim Deed
related
—
Aug 25, 2017
—
Steve Backstrom
Gustason,vernon C & Coeta K
Quit Claim Deed
related
—
Aug 17, 2017
—
David Gouso
Cyr-callaghan,joanne E
Quit Claim Deed
related
—
Jul 11, 2017
—
1 Corinthians Comnty Dev
Mcguire,derek J
Warranty Deed
—
Jun 30, 2017
—
Jose A Gomez
Langille,michael F & Cheryl A
Quit Claim Deed
related
—
May 15, 2017
—
Resort Reclamations LLC
Provencher,moreen M
Warranty Deed
—
May 1, 2017
—
Steve Backstrom
Gustason,vernon C & Coeta K
Warranty Deed
—
Mar 7, 2017
—
Framingham Refrigeration
Schauwecker,f C & Linda V
Warranty Deed
—
Jan 17, 2017
—
Regina Honaker
Gagne,lorraine
Warranty Deed
—
Jan 12, 2017
—
Miriam Goldstein
Graffam,willard G
Quit Claim Deed
related
—
Oct 12, 2016
—
Kai Cremata
Johnson,kent A & Josephine C
Quit Claim Deed
related
—
Aug 29, 2016
$1,400
Jeremy Stickney
Leavitt,brendan & Kristen
Warranty Deed
—
Jun 29, 2016
—
Derek J Mcguire
Randall,robert D & Martha J
Warranty Deed
—
Jun 17, 2016
$1,000
Orin C Pickering
Koch,suzanne
Quit Claim Deed
—
May 5, 2016
—
Andrea Kenney
Matos,louis
Quit Claim Deed
related
—
Mar 22, 2016
—
Arturo Vargas
Usher,joseph C & Brenda A
Quit Claim Deed
related
—
Nov 3, 2015
—
Groupwise INC
Vaughan,rick
Warranty Deed
—
Apr 29, 2015
—
All Real Estate Ownership
Larez Christopher & Liliana
Quit Claim Deed
related
—
Jul 8, 2013
—
Marjorie J Lenentine Ret
Lenentine,marjorie
Quit Claim Deed
related
—
Jan 24, 2013
$1
Donna M Fontaine
Fontaine,lee R
Grant Deed
related
—
Dec 12, 2011
$1
Silverleaf Resorts INC
Parrish,thomas L
Grant Deed
—
Mar 9, 2010
$1
Silverleaf Resorts INC
Stanton,nicholas G
Grant Deed
—
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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