New search
Property profile & analytics
OFF-MARKET
Commercial land
203-205 Main St, Ayer, MA 01432
Individually Owned
12-yr Hold
Free & Clear
Property ID
US38-0149168
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1890
Total area
7,970 SF
Lot
2.41 ac (104,980 SF)
Zoning code
GB
APN
AYER M:032 B:0000 L:0014
UPID
US38-0149168
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
S RT · 12 yrs held
S RT
since 2013
7 recorded transactions
Zoning & alternative use
GB · Ayer, 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 Ayer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ayer 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,994
Tax year 2024
Assessed value
$182,400
Assessed 2024
Previous assessed
$172,800
+5.6% YoY
Effective rate
2.74%
On assessed value
Assessed land
$182,400
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1890
Heating
STEAM
Stories
1
Rooms
7
Bathrooms
2
Total area
7,970 SF
Lot
2.41 ac (104,980 SF)
Zoning code
GB
APN
AYER M:032 B:0000 L:0014
UPID
US38-0149168
Jurisdiction
AYER
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
GB · Ayer, MA
Zoning GB · permitted uses
GB · Ayer, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ayer. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1890
Heating
STEAM
Stories
1
Rooms
7
Bathrooms
2
Lot
2.41 ac
Current owner
From public records · entity-resolved
S RT
Individual
Free & Clear · 12 yrs held
Mailing address
203 W MAIN ST #205, AYER, MA 01432-1227
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2013
$490,000
S RT
Panthers LLC
Quit Claim Deed
—
Jul 21, 2009
$552,000
Panthers LLC
Chung Ge Oriental Corp
Foreclosure
related
$441,600 · N Middlesex Svgs Bk
Aug 19, 2005
—
Ghung Ge Oriental Corp
—
Deed Of Trust
related
$200,000 · Zions First National Bank
Jul 13, 2005
—
Chung Ge Oriental Corp
—
Deed Of Trust
related
$310,000 · Worth Funding INC
Jan 15, 2004
—
Ge Oriental Market Chung
—
Deed Of Trust
related
$500,000 · N Middlesex Savings Bank
Apr 2, 2003
$800,000
Ge Oriental Market Chung
De-ken T
Grant Deed
$500,000 · Zwi Kohorn
Jan 17, 2002
$360,000
T De-ken
Lawrence Newton Corp
Grant Deed
$160,000 · Zuckerman Family Nomi
Oct 21, 1993
—
John T Bresnahan JR.
—
Deed Of Trust
related
$100,000 · Zwi Kohorn
May 31, 1990
$36,252
Lawrence Newton Corp
Mcniff,stanley N
Grant Deed
—
Mar 14, 1990
—
John T Bresnahan JR.
—
Deed Of Trust
related
$100,000 · N Middlesex Savings Bank
Dec 27, 1989
—
John T Bresnahan JR.
—
Deed Of Trust
related
$125,000 · N Middlesex 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 203-205 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
