Property profile

196 Main St Ayer, MA 01432

OFF-MARKET
Medical Office Space
Property ID
US38-0888009
4,322 SF 0.63 ac lot Built 2005
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2005
Total area 4,322 SF
Lot 0.63 ac (27,443 SF)
Zoning code GB
APN AYER M:032 B:0000 L:0053
UPID US38-0888009

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Veterinary Clinic

Location

196 Main St Ayer, MA 01432-1215
Ayer metro Census 325102 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$585k

Owner & transaction history

since 2023
Last sale
$656,000
7 recorded transactions
2023
Price N/A
2016
$656,000
2004
Price N/A
2004
$1
2003
$185,000
2002
Price N/A
2002
Price N/A

Zoning & alternative use

GB · Ayer, MA
Zoning description

A-2 (A-2). C. General Residence (GR). 4.1.2 Business Districts. A. Mixed-Use Transitional (MUT). B. Downtown Ayer/Park Street Form-Based Code (DPSFBC). C. West Ayer Village Form-Based Code (WAVFBC). D. General Business (…

General category COMMERCIAL
Top alternative use upside
Office building $745,000 +107.3%
Commercial (general) $525,000 +45.4%
Retail stores $495,000 +38.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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