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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Auto shops
22 Lonergan Rd Middleton, MA 01949-2402
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US38-1165596
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1950
Construction
CONCRETE
Total area
13,700 SF
Lot
1.69 ac (73,616 SF)
Zoning code
M1
APN
MIDD M:0033 B:0000 L:0005
UPID
US38-1165596
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
-
Dee's Home Cleaning Hardware & Home Improvement
-
Xtreme Boston Detailing & Graphics Inc. Car Wash
-
Greg S Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$907k
Blend (final)
Blend
$650k
Owner & transaction history
Jc Rlty LLC · 20 yrs held
Jc Rlty LLC
since 2005
2 recorded transactions
Zoning & alternative use
M1 · Middleton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of M1 district is to permit light industrial uses and research facility etc.
Zone name
Light Industry
General category
INDUSTRIAL
Zone area
1,090.17 ac
Source
Realmo
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 Middleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middleton 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
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$47 / 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
$13,114
Tax year 2024
Assessed value
$1,112,300
Assessed 2024
Previous assessed
$1,112,300
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$679,800
Assessed improvement
$432,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1950
Construction
CONCRETE
Heating
SPACE
Buildings
1
Stories
1
Units
1
Total area
13,700 SF
Lot
1.69 ac (73,616 SF)
Zoning code
M1
APN
MIDD M:0033 B:0000 L:0005
UPID
US38-1165596
Jurisdiction
MIDDLETON
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
M1 · Middleton, MAZoning M1 · permitted uses
M1 · Middleton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of M1 district is to permit light industrial uses and research facility etc.
Zone name
Light Industry
General category
INDUSTRIAL
Zone area
1,090.17 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1950
Construction
CONCRETE
Heating
SPACE
Stories
1
Buildings
1
Units
1
Lot
1.69 ac
Current owner
From public records · entity-resolved
Jc Rlty LLC
Entity
Mailing address
131 FRST ST, MIDDLETON, MA 01949-1911
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2014
—
Jc Realty LLC
—
Deed Of Trust
related
$470,000 · North Shore Bank
Sep 16, 2005
$750,000
Jc Rlty LLC
Marin,allen P Tr
Grant Deed
$600,000 · Danvers 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.
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