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Property profile & analytics
OFF-MARKET
Estimated value
$3,510,000
Warehouses
20 Kendrick Rd Wareham, MA 02571-1079
Individually Owned
29-yr Hold
~
Est. High Equity
Property ID
US38-0654232
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Construction
STEEL FRAME
Total area
119,430 SF
Lot
2.52 ac (109,771 SF)
APN
WARE M:00108 B:000 L:1006U
UPID
US38-0654232
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
-
Chatham Village Foods Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.73M
Blend (final)
Blend
$3.51M
Owner & transaction history
Malden Frame RT · 29 yrs held
Malden Frame RT
since 1997
7 recorded transactions
Zoning & alternative use
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 Wareham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wareham 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
$3.51M
Range $3.16M – $3.86M · ±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
$29 / 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
$49,348
Tax year 2024
Assessed value
$4,394,300
Assessed 2024
Previous assessed
$4,394,300
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$487,700
Assessed improvement
$3,906,600
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
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
2
Bathrooms
9
Total area
119,430 SF
Lot
2.52 ac (109,771 SF)
APN
WARE M:00108 B:000 L:1006U
UPID
US38-0654232
Jurisdiction
WAREHAM
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
2
Bathrooms
9
Lot
2.52 ac
Current owner
From public records · entity-resolved
Malden Frame RT
Individual
Mailing address
10 GRANGE PARK, BRIDGEWATER, MA 02324-2390
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2001
—
Malden Frame RT
—
Deed Of Trust
related
$3,000,000 · Citizens Bank Of Ma
Jun 5, 2000
—
Malden Frame RT
—
Deed Of Trust
related
$5,700,000 · Citizens Bank Of Ma
Aug 6, 1997
$20,000
Malden Frame RT
Wareham Economic Dev
Grant Deed
$97,200 · Bridgewater Cu
Aug 4, 1993
—
Malden Frame RT
—
Deed Of Trust
related
$2,365,000 · Citizens Bank Of Ma
Jun 1, 1993
—
Malden Frame RT
—
Deed Of Trust
related
$1,500,000 · Shawmut Bank Of Boston
May 14, 1992
—
Malden Frame RT
—
Deed Of Trust
related
$1,000,000 · Shawmut Bank Of Boston
Jan 17, 1992
—
Malden Frame RT
—
Deed Of Trust
related
$25,000 · Shawmut Bank Of Boston
Jun 22, 1990
—
Malden Frame RT
—
Deed Of Trust
related
$480,000 · Shawmut Bank Of Boston
Jul 22, 1987
—
Malden Frame Rlty Tr
—
Deed Of Trust
related
$495,000 · Bankboston Development Co LLC
Jun 15, 1987
$88,200
Malden Frame RT
Wareham Economic
Grant Deed
$45,000 · Bankboston Development Co LLC
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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