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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Retail space
2 Elm St Braintree, MA 02184-3203
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US38-1476157
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Construction
FRAME
Total area
3,312 SF
Lot
0.08 ac (3,620 SF)
Zoning code
GBD
APN
BRAI M:2026 B:0 L:2
UPID
US38-1476157
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
-
Beacon Rock Realty Services Real Estate Agency
-
Ink Lites Advertising Agency Marketing & Advertising
-
Pizza Maria Bar and Grill Restaurant
-
Michael H. Tran Real Estate Agency
-
Ted Coleman, Beacon Rock Realty Services Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$865k
Comparable Approach
Comparable
$523k
Blend (final)
Blend
$755k
Owner & transaction history
Pl Properties 2 LLC · 20 yrs held
Pl Properties 2 LLC
since 2006
5 recorded transactions
Zoning & alternative use
GBD · Braintree, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district is to provide general business uses
Zone name
General Business
General category
COMMERCIAL
Zone area
126.71 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$1.1M
+10.0%
Office building
$970,000
+0.2%
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 Braintree submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Braintree 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%
$940,000
6.5%
$865,000
7%
$805,000
Alternative Use
Use
Estimation
RETAIL STORES
$970,000
Current use
AUTO REPAIR, GARAGE
$1,065,000
Change: +10% · Conversion: Difficult
OFFICE BUILDING
$970,000
Change: +0% · Conversion: Easy
COMMERCIAL (GENERAL)
$850,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$755k
Range $680k – $831k · ±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
$228 / 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
$16,054
Tax year 2024
Assessed value
$792,800
Assessed 2024
Previous assessed
$792,800
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$304,100
Assessed improvement
$488,700
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1920
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
2
Bathrooms
3
Total area
3,312 SF
Lot
0.08 ac (3,620 SF)
Zoning code
GBD
APN
BRAI M:2026 B:0 L:2
UPID
US38-1476157
Jurisdiction
BRAINTREE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
GBD · Braintree, MAZoning GBD · permitted uses
GBD · Braintree, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district is to provide general business uses
Zone name
General Business
General category
COMMERCIAL
Zone area
126.71 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$970,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$970,000
COMMERCIAL (GENERAL)
Est. value
$850,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1920
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
2
Bathrooms
3
Lot
0.08 ac
Current owner
From public records · entity-resolved
Pl Properties 2 LLC
Entity
Mailing address
80 NEPONSET AVE, DORCHESTER, MA 02122-3324
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2026
—
Pl Properties II LLC
—
Deed
related
$455,000 · Salem Five Cents Savings Bank
Jan 6, 2006
$560,000
Pl Properties 2 LLC
Sl&m RT
Grant Deed
$365,000 · Salem Five Cents Savings Bank
Jan 6, 2006
—
Pl Properties 2 LLC
—
Deed Of Trust
related
$365,000 · Salem Five Cents Savings Bank
Jan 19, 1999
—
Camarda,ronald Tr
—
Deed Of Trust
related
$195,000 · Weymouth Cp Bank
Oct 31, 1994
$236,000
Camarda,ronald Tr
Baybank
Grant Deed
$200,000 · Braintree Svgs Bk
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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