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    190 Pleasant St Ashland, MA 01721
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    Property profile & analytics

    190 Pleasant St Ashland, MA 01721

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    • Industrial properties
    • 7,020 SF
    • 1.06 lot acres
    For Sale
    $2,345,000
    View Listing →
    Ashland Flex Building For Sale For Sale
    $2,345,000
    8,200 SF

    Ashland Flex Building For Sale

    8,200 SF flex building with fenced yard in Ashland.

    190 Pleasant St, Ashland, MA
    View Listing
    Property ID
    US38-1723354
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    6.2%
    Industrial properties
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 190 Pleasant St

    Year built
    1983
    Lot size
    1.06 lot acres
    Property size
    7,020 SF
    Zone code
    I
    Property type
    Industrial properties
    APN
    ASHL M:013.0 B:0106 L:0000.0
    APU
    ASHLM0130B0106L00000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,205,000
      ML approach
      $1,260,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,245,000
      6.5%
      $1,150,000
      7%
      $1,065,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $891,000
      Market price range: $166k - $892k

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,080,000
      Current use
      RESTAURANT
      $2,040,000
      Change: +89% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,975,000
      Change: +83% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,945,000
      Change: +81% Conversion: Difficult
      RETAIL STORES
      $1,890,000
      Change: +76% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $1,815,000
      Change: +68% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,615,000
      Change: +50% Conversion: Difficult
      OFFICE BUILDING
      $1,535,000
      Change: +43% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Ashland
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.4746
    Latitude
    42.2614
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $12,475
    $366,200
    $576,000
    $942,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.43 Acres

      96 Nickerson Rd

      INDUSTRIAL (GENERAL) • 1.43 Acres
      96 Nickerson Rd, Ashland, MA 01721-1912
      View Details
    • Value Estimation by Request
      600 SF

      152 Pond St

      HEAVY INDUSTRIAL • 600 SF
      152 Pond St, Ashland, MA 01721
      View Details
    • Value Estimation by Request

      190 Front St

      Distribution properties
      190 Front St, Ashland, MA 01721
      View Details
    • Value Estimation
      $780,000
      6,732 SF

      71 Nickerson Rd

      INDUSTRIAL (GENERAL) • 6,732 SF
      71 Nickerson Rd, Ashland, MA 01721-1931
      View Details
    • Value Estimation by Request
      784 SF

      146 Pond St

      HEAVY INDUSTRIAL • 784 SF
      146 Pond St, Ashland, MA 01721
      View Details
    • Value Estimation by Request
      7,488 SF

      55 Nickerson Rd

      TRUCK TERMINAL (MOTOR FREIGHT) • 7,488 SF
      55 Nickerson Rd, Ashland, MA 01721-1931
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,200 SF

      Ashland Flex Building For Sale

      8,200 SF flex building with fenced yard in Ashland.
      190 Pleasant St, Ashland, MA 01721
      View Details
    • $299,000
      1,660 SF

      Downtown Retail Storefront with Parking

      Retail storefront with parking and easy loading access.
      193 Main St, Ashland, MA 01721
      View Details
    • Contact for pricing
      Pending

      Ashland Land Development Opportunity

      14.81 acres of land for sale in Ashland, MA.
      37 James Rd, Ashland, MA 01721
      View Details
    • $249,000

      Downtown Retail Storefront with Parking

      Retail storefront with parking and easy loading access.
      193 Main St, Ashland, MA 01721
      View Details
    • $250,000
      Pending

      Ashland Land Opportunity

      Residential land for sale in Ashland, Massachusetts.
      Oak St, Ashland, MA 01721
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Ashland Industrial Building For Lease

      25,000 SF industrial building on 4.76 AC available for lease.
      40 Nickerson Rd, Ashland, MA 01721
      View Details
    • Contact for pricing
      2,000 SF

      Updated Flex Space Available

      2,000 SF updated flex space for rent.
      94-98 Nickerson Rd, Ashland, MA 01721
      View Details
    • Contact for pricing

      Ashland Office Space For Lease

      Office suites available for lease in Ashland, Massachusetts.
      171 Main St, Ashland, MA 01721
      View Details
    • Contact for pricing
      8,000 SF

      Flex R&D Space Available

      8,000 SF flex R&D space for sublease in Ashland.
      200 Homer Ave, Ashland, MA 01721
      View Details
    View Listing
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    190 Pleasant St
    Ashland, MA 01721
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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