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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Showrooms
2 Beverly Dr, Sterling, MA 01564-2150
Trust Owned
10-yr Hold
Free & Clear
Property ID
US38-1852848
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1997
Construction
STEEL FRAME
Total area
6,560 SF
Lot
1.58 ac (68,825 SF)
APN
STER M:00024 L:00006
UPID
US38-1852848
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
by Request
CAP Approach
CAP
$910k
Comparable Approach
Comparable
$798k
Blend (final)
Blend
$855k
Owner & transaction history
Bedi,abhayjit S Trust · 10 yrs held
Bedi,abhayjit S Trust
since 2015
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+71.3%
Retail stores
$1.0M
+42.6%
Auto repair, garage
$1.0M
+39.4%
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 Sterling submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sterling 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%
$985,000
6.5%
$910,000
7%
$845,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$720,000
Current use
RESTAURANT
$1,235,000
Change: +71% · Conversion: Difficult
RETAIL STORES
$1,030,000
Change: +43% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,005,000
Change: +39% · Conversion: Difficult
OFFICE BUILDING
$890,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$830,000
Change: +15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$785,000
Change: +9% · Conversion: Moderate
WAREHOUSE, STORAGE
$660,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$855k
Range $770k – $941k · ±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
$130 / 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
$9,809
Tax year 2024
Assessed value
$737,000
Assessed 2024
Previous assessed
$682,500
+8.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$256,800
Assessed improvement
$480,200
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
4
Total area
6,560 SF
Lot
1.58 ac (68,825 SF)
APN
STER M:00024 L:00006
UPID
US38-1852848
Jurisdiction
STERLING
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$720,000
RESTAURANT
Est. value
$1.2M
RETAIL STORES
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$1.0M
OFFICE BUILDING
Est. value
$890,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$830,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$785,000
WAREHOUSE, STORAGE
Est. value
$660,000
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
1997
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
4
Lot
1.58 ac
Current owner
From public records · entity-resolved
Bedi,abhayjit S Trust
Trust
Free & Clear · 10 yrs held
Mailing address
2 BEVERLY DR, STERLING, MA 01564-2150
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2025
—
Abhayjit S Bedi 2014 Ret
—
Deed
related
$320,000 · Avidia Bank
Aug 14, 2015
—
Bedi,abhayjit S Trust
464 Comm Avenue 75 LLC
Quit Claim Deed
related
—
Nov 20, 2014
$639,500
464 Comm Ave 75 LLC
Susan Scherr
Quit Claim Arm's Length For Ne States
$412,500 · Rbs Citizens NA
Feb 16, 2010
—
Susan Scherr
—
Deed Of Trust
related
$310,000 · Fitchburg 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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