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Property profile & analytics
OFF-MARKET
Estimated value
$330,000
Office buildings
21 High St Lee, MA 01238-1633
Individually Owned
10-yr Hold
Free & Clear
Property ID
US38-0810817
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1865
Total area
2,288 SF
Lot
0.25 ac (10,890 SF)
Zoning code
BM
APN
LEEE M:019 B:0A L:0000-0051.0
UPID
US38-0810817
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
-
Sage Brody MPC, RSMT Counselor Wellness Program
-
Heather Be Physician
-
Lee Middle school High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$330k
Owner & transaction history
Alan B Wilcox · 10 yrs held
Alan B Wilcox
since 2016
6 recorded transactions
Zoning & alternative use
BM · Lee, MA
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 Lee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lee 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
$330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$330k
Range $297k – $363k · ±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
$144 / 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
$3,065
Tax year 2024
Assessed value
$272,700
Assessed 2024
Previous assessed
$262,300
+4.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$96,300
Assessed improvement
$176,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1865
Heating
NONE
Buildings
1
Total area
2,288 SF
Lot
0.25 ac (10,890 SF)
Zoning code
BM
APN
LEEE M:019 B:0A L:0000-0051.0
UPID
US38-0810817
Jurisdiction
LEE
Zoning & alternative use
BM · Lee, MAZoning BM · permitted uses
BM · Lee, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Land Use | Lee, MA
Building & site characteristics
From public records
Year built
1865
Heating
NONE
Buildings
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Alan B Wilcox
Individual
Free & Clear · 10 yrs held
Mailing address
PO BOX 346, TYRINGHAM, MA 01264-0346
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2016
$77,000
Alan B Wilcox
Lee Visiting Nurse Assoc
Quit Claim Deed
—
Jan 12, 2000
—
Lee Regional Vna
—
Deed Of Trust
related
$290,000 · Thomas A Ricchi
Mar 11, 1994
—
Vistng Nurse Assn Lee
—
Deed Of Trust
related
$68,000 · First National Bank Berkshr
Mar 22, 1993
—
Visiting Nrs Assn Lee
—
Deed Of Trust
related
$56,000 · First National Bank Berkshr
Apr 13, 1990
—
Lee Visiting Nurses
—
Deed Of Trust
related
$10,000 · First Natl Bk Berkshr
Dec 19, 1989
—
Lee Visiting Nurses
—
Deed Of Trust
related
$55,000 · First National Bank Berkshr
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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