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Property profile & analytics
OFF-MARKET
Estimated value
$3,940,000
Individual retail properties
2 Icehouse Rd Medfield, MA 02052-1555
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US38-1394877
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
2008
Construction
STEEL FRAME
Total area
116,630 SF
Lot
12.08 ac (526,205 SF)
Zoning code
IE
APN
MEDF M:0056 B:0000 L:045K
UPID
US38-1394877
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
-
Kingsbury Club Gym & Fitness Center
-
ATI Physical Therapy Medical Clinic
-
Ice House at Kingsbury Restaurant
-
Sports and Physical Therapy Associates Medical Clinic
-
Nicoletta Vasta Gustafson Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.94M
Owner & transaction history
Kingsbury Club Medfiel · 8 yrs held
Kingsbury Club Medfiel
since 2017
5 recorded transactions
Zoning & alternative use
IE · Medfield, 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 Medfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Medfield 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$34 / 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
$139,238
Tax year 2024
Assessed value
$9,510,800
Assessed 2024
Previous assessed
$9,510,800
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$1,277,300
Assessed improvement
$8,233,500
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
7
Total area
116,630 SF
Lot
12.08 ac (526,205 SF)
Zoning code
IE
APN
MEDF M:0056 B:0000 L:045K
UPID
US38-1394877
Jurisdiction
MEDFIELD
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
IE · Medfield, MA
Zoning IE · permitted uses
IE · Medfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Medfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
7
Buildings
1
Lot
12.08 ac
Current owner
From public records · entity-resolved
Kingsbury Club Medfiel
Individual
Mailing address
2 ICEHOUSE RD, MEDFIELD, MA 02052-1555
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Sep 18, 2017
—
Kingsbury Club Medfiel
—
Deed
related
$5,000,000 · Eastern Bank
Jan 28, 2013
—
Club Medfield Kingsbury
—
Deed Of Trust
related
$2,800,000 · Rockland Trust Co
Dec 30, 2008
—
Kingsbury Club Mdfd INC
—
Deed Of Trust
related
$2,000,000 · New England Cert Corp
Sep 19, 2007
—
Kingsbury Club Mdfd INC
—
Deed Of Trust
related
$5,100,000 · Banknorth NA
—
—
Club Medfield Kingsbury
—
Deed Of Trust
related
$1,000,000 · Rockland Tr
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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