New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,715,000
Retail space
206 Dedham St, Norfolk, MA 02056-1667
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-1798486
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Construction
FRAME
Total area
9,357 SF
Lot
0.99 ac (43,087 SF)
APN
NORF M:0019 B:0072 L:0034
UPID
US38-1798486
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
-
Dunn-Mckenzie Inc Land Surveying Office Land Surveyor
-
Norfolk Wine & Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Cardtronics ATM Atm
-
Alainn Studio Gym & Fitness Center
-
Walnut Grove Energy, LLC Building Supply Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.74M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$1.72M
Owner & transaction history
Singh R & D LLC · 2 yrs held
Singh R & D LLC
since 2023
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.7M
+0.2%
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 Norfolk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norfolk 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
$1,755,000
ML approach
$1,740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,740,000
Current use
OFFICE BUILDING
$2,745,000
Change: +0% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,690,000
Change: -2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,395,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$1.72M
Range $1.54M – $1.89M · ±10% · vs last sale $1.65M (Dec 15 2023)
Last sale anchor
$1.65M
Dec 15 2023
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
$183 / 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
$18,204
Tax year 2024
Assessed value
$1,169,200
Assessed 2024
Previous assessed
$1,169,200
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$258,500
Assessed improvement
$910,700
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1986
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
11
Bathrooms
2
Total area
9,357 SF
Lot
0.99 ac (43,087 SF)
APN
NORF M:0019 B:0072 L:0034
UPID
US38-1798486
Jurisdiction
NORFOLK
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
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
RETAIL STORES Current
Est. value
$2.7M
OFFICE BUILDING
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$2.4M
RETAIL STORES Current
OFFICE BUILDING
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
1986
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
11
Bathrooms
2
Lot
0.99 ac
Current owner
From public records · entity-resolved
Singh R & D LLC
Entity
Mailing address
206 DEDHAM ST, NORFOLK, MA 02056-1667
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2023
$1,650,000
Singh R & D LLC
206 Dedham Street RT
Quit Claim Arm's Length For Ne States
$1,237,500 · Onelocal Bank
Jul 9, 2012
—
Gibson RT
—
Deed Of Trust
related
$285,000 · Walpole Coop Bank
Dec 9, 2011
—
James R Gibson
—
Deed Of Trust
related
$278,500 · Walpole Coop Bank
Nov 16, 2011
—
Gibson Corner RT
—
Deed Of Trust
related
$185,000 · Walpole Coop Bank
Aug 8, 2011
—
James R Gibson
—
Deed Of Trust
related
$211,750 · Walpole Coop Bank
Mar 2, 2011
—
206 Dedham Street RT
—
Deed Of Trust
related
$178,125 · Walpole Coop Bank
May 26, 2010
—
James R Gibson
—
Deed Of Trust
related
$350,000 · Walpole Coop Bank
Sep 11, 2009
—
206 Dedham Street RT
—
Deed Of Trust
related
$200,000 · Walpole Coop Bank
Jan 4, 2008
—
206 Dedham Street RT
—
Deed Of Trust
related
$750,000 · Walpole Coop Bank
Jun 13, 1997
—
206 Dedhan St. RT
—
Deed Of Trust
related
$600,000 · Foxboro Svgs Bk
Jun 13, 1990
—
Gibson,james R Tr
—
Deed Of Trust
related
$360,000 · Chestnut Hill B&t Co
Sep 11, 1987
—
James R Gibson
—
Deed Of Trust
related
$100,000 · Brookline Coop Bank
Apr 13, 1987
—
James R Gibson
—
Deed Of Trust
related
$550,000 · Brookline Coop Bank
—
—
206 Dedham Street Realty Trust
—
Deed Of Trust
related
$400,000 · Walpole Co-op Bk
—
—
206 Dedham Street Realty Trust
—
Loan Modification
related
$750,000 · Walpole Co-op Bk
—
—
206 Dedham Street Realty Trust
—
Loan Modification
related
$350,000 · Walpole Co-op Bk
—
—
206 Dedham Street Realty Trust
—
Loan Modification
related
$285,000 · Walpole Co-op Bk
—
—
206 Dedham Street Realty Trust
—
Loan Modification
related
$278,500 · Walpole Co-op Bk
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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