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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Commercial real estate
202 Ayer Rd Harvard, MA 01451
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-1796032
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2005
Construction
FRAME
Total area
5,700 SF
Lot
3 ac (130,680 SF)
APN
HARV M:8 B:39
UPID
US38-1796032
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$790k
Comparable Approach
Comparable
$799k
Blend (final)
Blend
$745k
Owner & transaction history
Sweeney Properties Har · 9 yrs held
Sweeney Properties Har
since 2016
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+71.3%
Retail stores
$895,000
+42.6%
Auto repair, garage
$875,000
+39.4%
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 Harvard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harvard 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%
$855,000
6.5%
$790,000
7%
$735,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$625,000
Current use
RESTAURANT
$1,075,000
Change: +71% · Conversion: Difficult
RETAIL STORES
$895,000
Change: +43% · Conversion: Easy
AUTO REPAIR, GARAGE
$875,000
Change: +39% · Conversion: Difficult
OFFICE BUILDING
$775,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$720,000
Change: +15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$685,000
Change: +9% · Conversion: Moderate
WAREHOUSE, STORAGE
$570,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$745k
Range $671k – $820k · ±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
$131 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$9,969
Tax year 2020
Assessed value
$834,300
Assessed 2024
Previous assessed
$828,400
+0.7% YoY
Effective rate
1.19%
On assessed value
Assessed land
$345,000
Assessed improvement
$489,300
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2005
Construction
FRAME
Heating
SPACE
Buildings
2
Stories
1
Units
1
Bathrooms
1
Total area
5,700 SF
Lot
3 ac (130,680 SF)
APN
HARV M:8 B:39
UPID
US38-1796032
Jurisdiction
HARVARD
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
COMMERCIAL (GENERAL) Current
Est. value
$625,000
RESTAURANT
Est. value
$1.1M
RETAIL STORES
Est. value
$895,000
AUTO REPAIR, GARAGE
Est. value
$875,000
OFFICE BUILDING
Est. value
$775,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$720,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$685,000
WAREHOUSE, STORAGE
Est. value
$570,000
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
2005
Construction
FRAME
Heating
SPACE
Stories
1
Buildings
2
Units
1
Bathrooms
1
Lot
3 ac
Current owner
From public records · entity-resolved
Sweeney Properties Har
Entity
Mailing address
330 CODMAN HL RD, BOXBORO, MA 01719-1708
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2016
$525,000
Sweeney Properties Har
Bare Hill Pond T
Quit Claim Arm's Length For Ne States
$420,000 · Middlesex Savings Bank
Jul 13, 2004
—
Dana W Fairbanks
—
Deed Of Trust
related
$100,000 · Jtb JR LP
Oct 9, 1997
$49,069
Bare Hill Pond Trust
Graceffa,anthony L
Grant Deed
—
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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