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Property profile & analytics
OFF-MARKET
Estimated value
$1,065,000
Manufacturing properties
200 Southbridge St, Auburn, MA 01501-2504
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-2305139
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,496 SF
Lot
0.93 ac (40,594 SF)
APN
AUBU M:0018 L:0036
UPID
US38-2305139
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
-
Gervais Mechanical General Contractor
-
Gervais Plumbing Heating & Air Conditioning HVAC Service General Contractor
-
Gervais Mechanical Services LLC Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.15M
CAP Approach
CAP
$1.20M
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.07M
Owner & transaction history
Gervais Realty Group LLC · 5 yrs held
Gervais Realty Group LLC
since 2020
Last sale
$865,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+135.6%
Retail stores
$1.3M
+96.0%
Auto repair, garage
$1.3M
+91.7%
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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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
$1,270,000
ML approach
$1,145,000
CAP Approach
CAP Return
Estimation
6%
$1,295,000
6.5%
$1,195,000
7%
$1,110,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$680,000
Current use
RESTAURANT
$1,600,000
Change: +136% · Conversion: Difficult
RETAIL STORES
$1,335,000
Change: +96% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,305,000
Change: +92% · Conversion: Easy
OFFICE BUILDING
$1,155,000
Change: +70% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,070,000
Change: +58% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,020,000
Change: +50% · Conversion: Difficult
COMMERCIAL (GENERAL)
$935,000
Change: +38% · Conversion: Difficult
Blend value · Realmo final
$1.07M
Range $959k – $1.17M · ±10% · vs last sale $865k (Dec 4 2020)
Last sale anchor
$865k
Dec 4 2020
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
$125 / 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
$15,943
Tax year 2024
Assessed value
$948,400
Assessed 2024
Previous assessed
$866,000
+9.5% YoY
Effective rate
1.68%
On assessed value
Assessed land
$170,600
Assessed improvement
$777,800
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
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Bathrooms
1
Total area
8,496 SF
Lot
0.93 ac (40,594 SF)
APN
AUBU M:0018 L:0036
UPID
US38-2305139
Jurisdiction
AUBURN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$680,000
RESTAURANT
Est. value
$1.6M
RETAIL STORES
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$935,000
INDUSTRIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Gervais Realty Group LLC
Entity
Mailing address
200 SOUTHBRIDGE ST, AUBURN, MA 01501-2504
Ownership since
2020
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
Mar 16, 2023
—
Gervais Realty Group LLC
—
Deed
related
$245,000 · Avidia Bank
Dec 4, 2020
$865,000
Gervais Realty Group LLC
Plc Realty LLC
Quit Claim Arm's Length For Ne States
$902,000 · Avidia Bank
Apr 1, 2008
—
Plc Realty LLC
—
Deed Of Trust
related
$570,000 · Savers Coop Bank
Nov 21, 2007
$1,000
Plc Realty LLC
Tomjan LLP
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Jun 2, 2006
—
Tomjan LLP
—
Deed Of Trust
related
$186,381 · Visimark INC
Sep 23, 2002
—
Tomjan LLP
—
Deed Of Trust
related
$480,000 · Savers Coop Bank
May 7, 2002
$20,000
Terrance J Hastings
Tomjan LLP
Grant Deed
—
May 23, 2001
—
Tomjan LLP
—
Deed Of Trust
related
$460,000 · Bay State Savings 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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