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Property profile & analytics
FOR LEASE
Auto shops
218 Vfw Dr, Rockland, MA 02370
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US38-1143206
For Lease
1 / 2
Contact for pricing
218 Vfw Dr, Rockland, MA 02370
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Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,531 SF
Lot
0.52 ac (22,472 SF)
Zoning code
BUSINE
APN
ROCK M:19 B:0 L:100
UPID
US38-1143206
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
-
Supreme Auto Sales Car Dealership
-
Supreme Muffler and Brake Auto Repair Shop
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
Vfw Dr RT 218 · 20 yrs held
Vfw Dr RT 218
since 2005
7 recorded transactions
Zoning & alternative use
BUSINE · Rockland, 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 Rockland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockland 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
$8,030
Tax year 2024
Assessed value
$571,100
Assessed 2024
Previous assessed
$510,900
+11.8% YoY
Effective rate
1.41%
On assessed value
Assessed land
$181,700
Assessed improvement
$389,400
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Lease
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
1
Stories
1
Bathrooms
3
Total area
4,531 SF
Lot
0.52 ac (22,472 SF)
Zoning code
BUSINE
APN
ROCK M:19 B:0 L:100
UPID
US38-1143206
Jurisdiction
ROCKLAND
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
BUSINE · Rockland, MA
Zoning BUSINE · permitted uses
BUSINE · Rockland, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Buildings
1
Bathrooms
3
Lot
0.52 ac
Current owner
From public records · entity-resolved
Vfw Dr RT 218
Individual
Mailing address
218 VFW DR, ROCKLAND, MA 02370-1130
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2005
$130,046
Vfw Dr RT 218
Whitney,ronald N
Grant Deed
$170,000 · Zwi Kohorn
May 4, 2001
$22,500
RT Vfw
Catania,james C
Grant Deed
—
Aug 6, 1997
$135,000
Ronald N Whitney
Fdic
Grant Deed
—
Nov 8, 1996
$135,400
Fdic
Melchione,john Tr
Grant Deed
—
Oct 31, 1996
$5,000
Vfw Drive RT
Mfs RT
Grant Deed
—
Mar 27, 1991
$240,000
Vfw Dr T 218
Vfw Corp
Grant Deed
related
$230,000 · Granite Cp Bk
Dec 28, 1990
$190,000
Vfw Corp
Harris,thomas V
Grant Deed
—
Jan 26, 1989
—
Thomas V Harris
—
Deed Of Trust
related
$250,000 · Granite Cp Bk
May 22, 1987
—
Thomas V Harris
—
Deed Of Trust
related
$150,000 · Ma Bank & Trust Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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