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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Warehouses
2 Glenmere Rd Charlton, MA 01507-1520
Individually Owned
Free & Clear
Property ID
US38-1582756
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1986
Construction
STEEL FRAME
Total area
5,000 SF
Lot
1.93 ac (84,110 SF)
Zoning code
CB
APN
CHAR M:0038 B:000B L:0000007
UPID
US38-1582756
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
-
Concrete Cut & Core Construction Company General Contractor
-
Curtis K Abbott Company, Inc. Construction Company General Contractor
-
Curtis K. Abbott Company & Concrete Cut and Core Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$565k
Owner & transaction history
CURTIS K ABBOTT
CURTIS K ABBOTT
Zoning & alternative use
CB · Charlton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ans of a site plan review and approval. N An excluded or prohibited use SP A use permitted under special permit granted by the Planning Board B. Use Regulation Schedule. Districts Principal Uses A or R-60 R-40 R-SE NB V CB IG BEP (1) Agricultural, Floriculture and Horticultural Uses [Amended ] (a) Raising and keeping of livestock, including but not limited t…
Zone name
Community Business
General category
COMMERCIAL
Zone area
24.16 ac
Top alternative use upside
Retail stores
$785,000
+56.4%
Auto repair, garage
$765,000
+52.9%
Office building
$680,000
+35.5%
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 Charlton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charlton 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
WAREHOUSE, STORAGE
$500,000
Current use
RETAIL STORES
$785,000
Change: +56% · Conversion: Moderate
AUTO REPAIR, GARAGE
$765,000
Change: +53% · Conversion: Easy
OFFICE BUILDING
$680,000
Change: +36% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$630,000
Change: +26% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$600,000
Change: +20% · Conversion: Difficult
COMMERCIAL (GENERAL)
$550,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$113 / 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
$6,391
Tax year 2024
Assessed value
$563,600
Assessed 2024
Previous assessed
$563,600
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$256,500
Assessed improvement
$307,100
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Stories
1
Units
1
Total area
5,000 SF
Lot
1.93 ac (84,110 SF)
Zoning code
CB
APN
CHAR M:0038 B:000B L:0000007
UPID
US38-1582756
Jurisdiction
CHARLTON
Zoning & alternative use
CB · Charlton, MAZoning CB · permitted uses
CB · Charlton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ans of a site plan review and approval. N An excluded or prohibited use SP A use permitted under special permit granted by the Planning Board B. Use Regulation Schedule. Districts Principal Uses A or R-60 R-40 R-SE NB V CB IG BEP (1) Agricultural, Floriculture and Horticultural Uses [Amended ] (a) Raising and keeping of livestock, including but not limited to horses, cattle, sheep, goats, swine, fur animals and poultry, on a parcel over f
Zone name
Community Business
General category
COMMERCIAL
Zone area
24.16 ac
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$500,000
RETAIL STORES
Est. value
$785,000
AUTO REPAIR, GARAGE
Est. value
$765,000
OFFICE BUILDING
Est. value
$680,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$630,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$600,000
COMMERCIAL (GENERAL)
Est. value
$550,000
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1986
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
1
Units
1
Lot
1.93 ac
Current owner
From public records · entity-resolved
CURTIS K ABBOTT
Individual
Free & Clear · 0 yrs held
Mailing address
2 GLENMERE RD, CHARLTON, MA 01507-1520
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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