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Property profile & analytics
OFF-MARKET
Estimated value
$12,335,000
Manufacturing properties
200 Homer Ave, Ashland, MA 01721-1717
Entity Owned
5-yr Hold
Free & Clear
Property ID
US38-1713043
Property summary
AI-generated overview
Clock Tower Center, located at 200 Homer Avenue in Ashland, Massachusetts, presents a unique investment opportunity. This multi-tenant industrial property comprises three buildings totaling approximately 300,000 square feet, offering a blend of historic charm and modern amenities. The property features a total of 302,463 square feet, with spaces available ranging from a minimum of 1,512 square feet to a maximum contiguous space of 18,500 square feet
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1900
Total area
291,513 SF
Lot
4.79 ac (208,652 SF)
Zoning code
30
APN
ASHL M:014.0 B:0311 L:0000.0
UPID
US38-1713043
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
-
American Commercial Appliance Home Appliance Store Hardware & Home Improvement
-
Clock Tower Pickleball Family Recreation Center
-
Paradise Moving & Storage Moving Company Storage Facility
-
BioSurfaces, LLC Corporate Office
-
FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.35M
Blend (final)
Blend
$12.34M
Owner & transaction history
Furt LLC · 5 yrs held
Furt LLC
since 2021
Last sale
$12.9M
6 recorded transactions
Zoning & alternative use
30 · Ashland, 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 Ashland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashland 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
$12,200,000
ML approach
$9,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.34M
Range $11.10M – $13.57M · ±10% · vs last sale $12.90M (Mar 26 2021)
Last sale anchor
$12.90M
Mar 26 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
$42 / 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
$147,102
Tax year 2024
Assessed value
$11,110,400
Assessed 2024
Previous assessed
$11,110,400
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$2,206,100
Assessed improvement
$8,904,300
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1900
Heating
NONE
Buildings
3
Stories
11
Units
1
Total area
291,513 SF
Lot
4.79 ac (208,652 SF)
Zoning code
30
APN
ASHL M:014.0 B:0311 L:0000.0
UPID
US38-1713043
Jurisdiction
ASHLAND
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
30 · Ashland, MA
Zoning 30 · permitted uses
30 · Ashland, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ashland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Stories
11
Buildings
3
Units
1
Lot
4.79 ac
Current owner
From public records · entity-resolved
Furt LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1626 WORCESTER RD, FRAMINGHAM, MA 01702-5461
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2021
$12,900,000
Furt LLC
Wd Homer LLC
Quit Claim Arm's Length For Ne States
—
Oct 3, 2018
—
Wd Homer LLC
—
Deed
related
$1,500,000 · Middlesex Savings Bank
Mar 31, 2016
$7,800,000
Wd Homer LLC
Nereef Ashland LLC
Quit Claim Arm's Length For Ne States
$6,700,000 · Middlesex Savings Bank
Jan 24, 2006
$9,800,000
Nereef Ashland LLC
Ashland Technology T
Land Court
$7,625,000 · Td Banknorth Mtg Grp
Mar 2, 2000
—
Ashtech RT
—
Deed Of Trust
related
$750,000 · Zuckerman Family Nomi
Nov 26, 1996
—
Technology T Ashland
—
Deed Of Trust
related
$1,850,000 · Metrowest Bank
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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