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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Motels
200 Laurel St, Lee, MA 01238-9508
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0741060
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1944
Construction
FRAME
Total area
9,492 SF
Lot
2.18 ac (94,961 SF)
Zoning code
R20
APN
LEEE M:012 B:00 L:0000-0024.0
UPID
US38-0741060
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
-
Laurel Hill Motel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$855k
CAP Approach
CAP
$885k
Comparable Approach
Comparable
$963k
Blend (final)
Blend
$840k
Owner & transaction history
200 Laurel LLC · 4 yrs held
200 Laurel LLC
since 2021
Last sale
$528,000
7 recorded transactions
Zoning & alternative use
R20 · Lee, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+10.1%
Retail stores
$1.4M
+8.1%
Office building
$1.3M
+5.1%
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 Lee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lee 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
$820,000
ML approach
$855,000
CAP Approach
CAP Return
Estimation
6%
$960,000
6.5%
$885,000
7%
$820,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,260,000
Current use
COMMERCIAL (GENERAL)
$1,390,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$1,365,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$1,325,000
Change: +5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,235,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$840k
Range $756k – $924k · ±10% · vs last sale $528k (Dec 28 2021)
Last sale anchor
$528k
Dec 28 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
$88 / 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
$10,772
Tax year 2024
Assessed value
$958,400
Assessed 2024
Previous assessed
$917,100
+4.5% YoY
Effective rate
1.12%
On assessed value
Assessed land
$419,400
Assessed improvement
$539,000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1944
Construction
FRAME
Heating
BASEBOARD
Buildings
1
Stories
1
Total area
9,492 SF
Lot
2.18 ac (94,961 SF)
Zoning code
R20
APN
LEEE M:012 B:00 L:0000-0024.0
UPID
US38-0741060
Jurisdiction
LEE
Zoning & alternative use
R20 · Lee, MA
Zoning R20 · permitted uses
R20 · Lee, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1944
Construction
FRAME
Heating
BASEBOARD
Stories
1
Buildings
1
Lot
2.18 ac
Current owner
From public records · entity-resolved
200 Laurel LLC
Entity
Mailing address
13 POTHUL DR, GREAT BARRINGTON, MA 01230-1025
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2021
$528,000
200 Laurel LLC
Origen Lee LLC
Quit Claim Arm's Length For Ne States
—
May 24, 2019
$750,000
Origen Lee LLC
Pranav INC|origen Lee LLC
Foreclosure
related
—
May 3, 2010
—
Pranav INC
—
Deed Of Trust
related
$35,000 · Greylock FCU
Dec 30, 2005
—
Pranav INC
—
Grant Deed
related
$40,000 · Greylock FCU
Mar 28, 2003
$892,500
Pranav INC
Chambery Inn INC
Grant Deed
$787,500 · Greylock FCU
Jun 29, 2001
$420,000
Chambery Inn INC
Tietgens Diversified I
Grant Deed
$525,000 · Lee Bank
Jul 18, 1997
$425,000
Tietgens Diverdified
Chittenden,fred C
Grant Deed
$400,000 · Thomas A Ricchi
Jul 18, 1997
—
Tietgens Diverdified
—
Deed Of Trust
related
$50,000 · Zenon Grzybowski
—
—
Origen Lee LLC
—
Deed Of Trust
related
$320,000 · Cedar Crk Invs 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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