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Property profile & analytics
OFF-MARKET
Estimated value
$1,260,000
Showrooms
2 Franklin St, Medway, MA 02053-1676
Individually Owned
23-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-0214501
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1912
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,670 SF
Lot
0.99 ac (43,212 SF)
Zoning code
ARII
APN
MEDW M:67 B:074
UPID
US38-0214501
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
-
Flipside Gymnastics Gym & Fitness Center
-
Villa Coiffures Hair Salon Nail Salon
-
Sandler & Sons Specialty Food Shop Supermarket
-
The Dancers Studio Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$787k
Blend (final)
Blend
$1.26M
Owner & transaction history
Currier Ft · 23 yrs held
Currier Ft
since 2002
5 recorded transactions
Zoning & alternative use
ARII · Medway, 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 Medway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Medway 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
Blend value · Realmo final
$1.26M
Range $1.13M – $1.39M · ±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
$99 / 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
$7,443
Tax year 2024
Assessed value
$516,900
Assessed 2024
Previous assessed
$508,500
+1.7% YoY
Effective rate
1.44%
On assessed value
Assessed land
$218,700
Assessed improvement
$298,200
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
1912
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
4
Rooms
3
Bathrooms
5
Total area
12,670 SF
Lot
0.99 ac (43,212 SF)
Zoning code
ARII
APN
MEDW M:67 B:074
UPID
US38-0214501
Jurisdiction
MEDWAY
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
ARII · Medway, MA
Zoning ARII · permitted uses
ARII · Medway, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Medway. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1912
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
4
Rooms
3
Bathrooms
5
Lot
0.99 ac
Current owner
From public records · entity-resolved
Currier Ft
Individual
Free & Clear · 23 yrs held
Mailing address
91 ELM ST, FRANKLIN, MA 02038-1540
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
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
Aug 12, 2002
$480,000
Currier Ft
Conca,albert JR
Grant Deed
—
Jan 6, 1999
$275,000
Albert Conca JR.
Action Products INC
Grant Deed
—
Aug 15, 1996
$64,898
Action Products INC
Franklin St RT
Grant Deed
$160,000 · Medway Capital Bank
Jun 25, 1992
—
Franklin St. RT
—
Deed Of Trust
related
$30,000 · Zwi Kohorn
May 7, 1992
$30,000
Frankin St. RT
Davis,paul J
Grant Deed
—
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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