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Property profile & analytics
OFF-MARKET
Estimated value
$1,540,000
Car washes
195 Main St Middleton, MA 01949-2441
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US38-1123897
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1988
Total area
7,403 SF
Lot
2 ac (87,120 SF)
Zoning code
B
APN
MIDD M:0029 B:0000 L:0004
UPID
US38-1123897
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
-
Minit Car Wash Car Wash
-
Currier Septic & Drain Services Plumbing Service General Contractor
-
Middleton Planning Board City Government Office
-
Building Inspector City Government Office
-
Middleton Health Department Public Health Department
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$1.54M
Owner & transaction history
James D Rogers · 22 yrs held
James D Rogers
since 2004
7 recorded transactions
Zoning & alternative use
B · Middleton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of B district is to promote general commercial uses such as Personal service establishment and Trade shop etc.
Zone name
Business
General category
COMMERCIAL
Zone area
126.97 ac
Source
Realmo
Top alternative use upside
Restaurant
$2.6M
+44.1%
Apartment house (5+ units)
$2.4M
+33.5%
Office building
$1.9M
+7.3%
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 Middleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middleton 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
$1,775,000
Current use
RESTAURANT
$2,555,000
Change: +44% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,365,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$1,905,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$1,645,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,475,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$1.54M
Range $1.39M – $1.69M · ±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
$208 / 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
$22,613
Tax year 2024
Assessed value
$1,918,000
Assessed 2024
Previous assessed
$1,918,000
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,132,700
Assessed improvement
$785,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1988
Heating
FORCED AIR
Buildings
1
Stories
2
Total area
7,403 SF
Lot
2 ac (87,120 SF)
Zoning code
B
APN
MIDD M:0029 B:0000 L:0004
UPID
US38-1123897
Jurisdiction
MIDDLETON
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
B · Middleton, MAZoning B · permitted uses
B · Middleton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of B district is to promote general commercial uses such as Personal service establishment and Trade shop etc.
Zone name
Business
General category
COMMERCIAL
Zone area
126.97 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.8M
RESTAURANT
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.4M
OFFICE BUILDING
Est. value
$1.9M
RETAIL STORES
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.5M
AUTO REPAIR, GARAGE Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1988
Heating
FORCED AIR
Stories
2
Buildings
1
Lot
2 ac
Current owner
From public records · entity-resolved
James D Rogers
Individual
Mailing address
195 S MAIN ST, MIDDLETON, MA 01949-2441
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2025
—
Minit Car Wash RT
—
Deed
related
$120,069 · Td Bank NA
Dec 15, 2022
—
Minit Car Wash RT
—
Deed
related
$306,000 · Td Bank NA
Mar 26, 2012
—
Minit Car Wash RT
—
Deed Of Trust
related
$530,000 · Sovereign Bank
Apr 14, 2004
$1
James D Rogers
Currier Holdings LLC
Grant Deed
related
—
Dec 5, 2003
—
James D Rogers
—
Deed Of Trust
related
$3,525,000 · Banknorth NA
Jan 30, 2003
$1,500,000
James D Rogers
Currier Hldgs LLC
Grant Deed
$1,200,000 · Granite Savings Bank
Nov 10, 1997
—
Carolyn M Currier
—
Deed Of Trust
related
$88,000 · Danvers Savings Bank
Apr 6, 1995
—
Carolyn M Currier
—
Deed Of Trust
related
$190,000 · Danvers Savings Bank
Mar 16, 1989
—
Carolyn M Currier
—
Deed Of Trust
related
$600,000 · Danvers Savings 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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