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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Manufacturing properties
2 Phillips Rd Holbrook, MA 02343-1340
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0311763
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1965
Construction
STEEL FRAME
Total area
960 SF
Lot
1.46 ac (63,641 SF)
Zoning code
I
APN
HOLB M:19 L:004-00-0
UPID
US38-0311763
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
-
Superior Sheet Metal Inc Production Facility Metal Fabrication Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$745k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$560k
Owner & transaction history
Holbrook LLC · 4 yrs held
Holbrook LLC
since 2021
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
I · Holbrook, 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 Holbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Holbrook 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
$740,000
ML approach
$745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $550k (Nov 1 2021)
Last sale anchor
$550k
Nov 1 2021
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
$583 / 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
$15,186
Tax year 2024
Assessed value
$571,100
Assessed 2024
Previous assessed
$521,500
+9.5% YoY
Effective rate
2.66%
On assessed value
Assessed land
$542,800
Assessed improvement
$28,300
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1965
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
960 SF
Lot
1.46 ac (63,641 SF)
Zoning code
I
APN
HOLB M:19 L:004-00-0
UPID
US38-0311763
Jurisdiction
HOLBROOK
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
I · Holbrook, MA
Zoning I · permitted uses
I · Holbrook, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Holbrook. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
1.46 ac
Current owner
From public records · entity-resolved
Holbrook LLC
Entity
Mailing address
6 GERRISH ST, BRIGHTON, MA 02135-1705
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2021
$550,000
Holbrook LLC
Jrmc Holbrook LLC
Quit Claim Arm's Length For Ne States
$412,500 · Rockland Trust Co
Nov 1, 2021
—
Holbrook LLC
Renee Mcguinness
Other
—
Mar 17, 2017
—
Jrmc Holbrook LLC
—
Deed
related
$245,000 · Equitable Cooperative Bank
Jan 12, 2016
$200,000
Jrmc Holbrook LLC
2 Phillips Road LLC
Quit Claim Arm's Length For Ne States
$160,000 · Weymouth Bank
Jun 26, 2013
$400,000
2 Phillips Road LLC
Papp,harry F JR & Rita I
Quit Claim Deed
$320,000 · Liberty Bay Cu
Nov 12, 2010
$1
Harry F Papp
Papp Family LLC
Grant Deed
—
Apr 8, 2008
$1
Papp Family LLC
Papp,harry F
Grant Deed
—
Oct 31, 2005
$300,000
Harry F Papp
Papp Ft
Grant Deed
$300,000 · Joan C Leombruno
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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