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Property profile & analytics
OFF-MARKET
Estimated value
$3,970,000
Day care centers
194 Chelmsford St, Chelmsford, MA 01824-2329
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0322642
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1990
Construction
FRAME
Total area
10,058 SF
Lot
1.67 ac (72,745 SF)
Zoning code
RB
APN
CHEL M:0052 B:0231 L:18
UPID
US38-0322642
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
$3.94M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.97M
Owner & transaction history
Fortitude Investments LLC · 4 yrs held
Fortitude Investments LLC
since 2021
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
RB · Chelmsford, 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 Chelmsford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chelmsford 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
$3,830,000
ML approach
$3,940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.97M
Range $3.57M – $4.37M · ±10% · vs last sale $4.05M (Aug 12 2021)
Last sale anchor
$4.05M
Aug 12 2021
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
$395 / 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
$28,409
Tax year 2024
Assessed value
$2,085,800
Assessed 2024
Previous assessed
$1,936,200
+7.7% YoY
Effective rate
1.36%
On assessed value
Assessed land
$836,900
Assessed improvement
$1,248,900
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1990
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
7
Total area
10,058 SF
Lot
1.67 ac (72,745 SF)
Zoning code
RB
APN
CHEL M:0052 B:0231 L:18
UPID
US38-0322642
Jurisdiction
CHELMSFORD
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
RB · Chelmsford, MA
Zoning RB · permitted uses
RB · Chelmsford, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chelmsford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
7
Lot
1.67 ac
Current owner
From public records · entity-resolved
Fortitude Investments LLC
Entity
Mailing address
194 CHELMSFORD ST, CHELMSFORD, MA 01824-2329
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2021
$4,050,000
Fortitude Investments LLC
Pdl Cutler Bay LLC
Quit Claim Arm's Length For Ne States
$2,025,000 · Enterprise Bank & Trust Co
Aug 12, 2021
—
Fortitude Invs LLC
—
Deed
related
$1,642,000 · Bay Colony Development Corp
Jan 17, 2019
$4,097,500
Pdl Cutler Bay LLC
Chelmsford Real Est Group
Quit Claim Deed
related
$3,000,000
May 8, 2017
$3,030,000
Chelmsford Real Est Group
Gregcoh LLC
Quit Claim Deed
$2,425,000 · Rollstone Bk&tr
Aug 7, 2012
—
Gregcoh LLC
—
Deed Of Trust
related
$2,000,000 · Yellow Freight Ecu
Apr 18, 2008
$3,020,000
Gregcoh LLC
Omni Ventures Chel LLC
Grant Deed
$2,110,000 · Gregcoh LLC
Nov 8, 2007
$1
Omni Vent Chelmsford LLC
194 Chelmsford St RT
Grant Deed
—
Aug 30, 2007
$875,000
194 Chelmsford St. RT
Ma-theos RT
Grant Deed
—
Apr 10, 2006
—
Ma Theos RT
—
Deed Of Trust
related
$75,000 · Worth Funding INC
Jul 29, 2005
—
Nicholas G Gavriel
—
Deed Of Trust
related
$685,000 · Matheos RT
Mar 21, 2003
—
Ma-theos RT
—
Deed Of Trust
related
$500,000 · Banknorth NA
Oct 11, 2002
—
Ma Theos RT
—
Deed Of Trust
related
$410,000 · Bancnorth Mortgage Co
Jun 11, 1999
—
Ma-theos RT
—
Deed Of Trust
related
$425,000 · Family Bank
Nov 9, 1993
—
R T Ma-theos
—
Deed Of Trust
related
$260,000 · Janet Cook Dunbar
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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