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Property profile & analytics
OFF-MARKET
Estimated value
$19,255,000
Manufacturing properties
210 Grv St, Franklin, MA 02038-3119
Entity Owned
2-yr Hold
Free & Clear
Property ID
US38-0815085
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1972
Construction
STEEL FRAME
Total area
167,990 SF
Lot
10.47 ac (456,073 SF)
APN
FRAN M:311 L:002
UPID
US38-0815085
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
-
Georgia-Pacific Corporation Industrial Manufacturer Production Facility
-
Waters Corporation Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$17.26M
Blend (final)
Blend
$19.26M
Owner & transaction history
83 Gf210 Owner LLC · 2 yrs held
83 Gf210 Owner LLC
since 2023
Last sale
$19.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$29.0M
+5.4%
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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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
$20,750,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$27,540,000
Current use
WAREHOUSE, STORAGE
$29,035,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$19.26M
Range $17.33M – $21.18M · ±10% · vs last sale $19.50M (Jul 27 2023)
Last sale anchor
$19.50M
Jul 27 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
$115 / 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
$125,311
Tax year 2024
Assessed value
$10,628,600
Assessed 2024
Previous assessed
$10,628,600
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$3,439,800
Assessed improvement
$7,188,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1972
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
2
Bathrooms
13
Total area
167,990 SF
Lot
10.47 ac (456,073 SF)
APN
FRAN M:311 L:002
UPID
US38-0815085
Jurisdiction
FRANKLIN
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
INDUSTRIAL (GENERAL) Current
Est. value
$27.5M
WAREHOUSE, STORAGE
Est. value
$29.0M
INDUSTRIAL (GENERAL) Current
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
1972
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
2
Bathrooms
13
Lot
10.47 ac
Current owner
From public records · entity-resolved
83 Gf210 Owner LLC
Entity
Free & Clear · 2 yrs held
Mailing address
210 GRV ST, FRANKLIN, MA 02038-3119
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2024
—
83 Gf210 Owner LLC
—
Deed
related
$92,150,000 · Sumitomo Mitsui Banking Corporation
Jul 27, 2023
$19,500,000
83 Gf210 Owner LLC
Mcp III 210 Grove LLC
Quit Claim Arm's Length For Ne States
—
Nov 5, 2019
$13,300,000
Mcp 3 210 Grove LLC
Cg Grove Street LLC
Quit Claim Deed
$65,892,500 · Webster Bk
Oct 17, 2018
—
Cg Grove Street LLC
—
Deed
related
$500,000 · Cambridge Svgs Bk
Mar 28, 2014
$4,250,000
Cg Grove Street LLC
Marilyn Danesh T
Quit Claim Arm's Length For Ne States
$5,000,000 · Cambridge Svgs Bk
Dec 15, 2011
$2,805,000
Danesh T Marilyn
Georgia-pacific Corrugate
Grant Deed
—
Dec 23, 2008
$1
Georgia-pacific Corru LLC
Great Northern Nekoo Corp
Grant Deed
related
—
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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