Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

191 Mechanic St Bellingham, MA 02019

FOR LEASE
Other commercial real estate
Property ID
US38-1896396
29,000 SF 4.18 ac lot Built 2008
Last sale Mar 2006 · $1
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of fully permitted land for development of an office/warehouse facility, with entitlement supporting an additional development capacity stated up to 60,000 square feet. The site is located on Route 140 and is described as providing quick access to Interstate 495 and other major roadways, supporting regional connectivity for office and light industrial/logistics uses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$72k
Tax billed · 2020
Assessed value · 2024$4.29M
Assessed land$637k
Assessed improvement$3.65M
Effective rate1.67%

Value estimate

· Oct 2026
$3.96M
$3.56M – $4.36M
CAP approach$4.31M
Submarket $/SF estimate$4.77M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$156/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$90 – $249
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IND
JurisdictionBELLINGHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.8
Auto Parts Store10.4
Parking Facility10.2

Location

191 Mechanic St Bellingham, MA 02019
County assessor Recorded deeds · 1 transfer 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
86 Pne Grv, Bellingham, MA 02019-2135 $400,000 Dec 2023 9,000 SF
108 Mechanic, Bellingham, MA 02019-3107 $2,387,750 Nov 2023 13,246 SF
302 Hartford, Bellingham, MA 02019-3039 $5,163,180 Aug 2022 60,800 SF
1271 Pulaski, Bellingham, MA 02019-2126 $650,000 Oct 2021 8,990 SF
15 Main, Bellingham, MA 02019-1548 $3,765,000 Jul 2021 56,300 SF
1210 Pulaski, Bellingham, MA 02019-2127 $500,000 Mar 2021 32,673 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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