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Property profile & analytics
FOR LEASE
Retail space
206 Main St, Norfolk, MA 02056
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US38-0946804
For Lease
1 / 2
$1,200/Mo
206 Main St, Norfolk, MA 02056
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,446 SF
Lot
1.16 ac (50,530 SF)
APN
NORF M:0014 B:0049 L:0024
UPID
US38-0946804
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
-
Landscape Oasis LLC Landscaping General Contractor
-
steller salon & apothecary Hair Salon Nail Salon
-
Bradbury Insurance Insurance Agency
-
James H. Collins, D.M.D. Dental Office
-
Kathy Ryan Dance Studio Inc Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.71M
Blend (final)
Blend
$1.29M
Owner & transaction history
Mah LLC · 17 yrs held
Mah LLC
since 2008
7 recorded transactions
Zoning & alternative use
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.29M
Range $1.16M – $1.42M · ±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
$153 / 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
$17,505
Tax year 2024
Assessed value
$1,124,300
Assessed 2024
Previous assessed
$1,124,300
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$301,100
Assessed improvement
$823,200
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
For Lease
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
BASEBOARD
Cooling
YES
Buildings
1
Stories
1
Units
8
Bathrooms
2
Total area
8,446 SF
Lot
1.16 ac (50,530 SF)
APN
NORF M:0014 B:0049 L:0024
UPID
US38-0946804
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
Building & site characteristics
From public records
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
BASEBOARD
Cooling
Yes
Stories
1
Buildings
1
Units
8
Bathrooms
2
Lot
1.16 ac
Current owner
From public records · entity-resolved
Mah LLC
Entity
Mailing address
7 MYRTLE ST, NORFOLK, MA 02056-1315
Ownership since
2008
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
Jun 20, 2024
—
Mah LLC
—
Deed
related
$300,000 · Walpole Cooperative Bank
Dec 22, 2008
$1,250,000
Mah LLC
Oloughlin Year Irt
Grant Deed
$770,500 · Walpole Coop Bank
Apr 22, 2005
—
Irt O'loughlin
—
Deed Of Trust
related
$308,000 · Walpole Coop Bank
Dec 10, 2002
$150,000
2002 Irt O'loughlin
Oloughlin RT
Grant Deed
related
$400,000 · Walpole Coop Bank
Jul 16, 1999
—
RT O'loughlin
—
Deed Of Trust
related
$475,000 · Zuckerman Family Nomi
Feb 22, 1994
$35,000
Solid Built Corp
Stoebel,john D JR
Grant Deed
—
May 25, 1989
—
RT O'loughlin
—
Deed Of Trust
related
$40,960 · Ben Franklin Savings Bank
Feb 7, 1989
—
RT O'loughlin
—
Deed Of Trust
related
$51,200 · Ben Franklin Savings Bank
Nov 15, 1988
—
Kevin J Oloughlin
—
Deed Of Trust
related
$64,000 · Ben Franklin Savings Bank
Jul 19, 1988
—
Kevin J Oloughlin
—
Deed Of Trust
related
$80,060 · Ben Franklin Savings Bank
Feb 24, 1988
—
Kevin J Oloughlin
—
Deed Of Trust
related
$100,000 · Ben Franklin 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?”
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