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Property profile & analytics
OFF-MARKET
Estimated value
$1,330,000
Office buildings
2200 Gar Hwy, Swansea, MA 02777-3935
Individually Owned
23-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US38-0416875
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1975
Construction
FRAME
Total area
7,787 SF
Lot
1.56 ac (67,954 SF)
Zoning code
C
APN
SWAN M:036.0 B:0004 L:00000
UPID
US38-0416875
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.33M
Blend (final)
Blend
$1.33M
Owner & transaction history
Swansea Pediatric Assoc · 23 yrs held
Swansea Pediatric Assoc
since 2003
7 recorded transactions
Zoning & alternative use
C · Swansea, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.9M
+56.2%
Restaurant
$1.8M
+53.2%
Auto repair, garage
$1.4M
+16.5%
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 Swansea submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Swansea 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,190,000
Current use
COMMERCIAL (GENERAL)
$1,860,000
Change: +56% · Conversion: Easy
RESTAURANT
$1,825,000
Change: +53% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,385,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$1,280,000
Change: +7% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,245,000
Change: +5% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,190,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,030,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.33M
Range $1.20M – $1.46M · ±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
$171 / 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
$22,865
Tax year 2024
Assessed value
$1,244,000
Assessed 2024
Previous assessed
$1,141,700
+9.0% YoY
Effective rate
1.84%
On assessed value
Assessed land
$309,000
Assessed improvement
$935,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1975
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
3
Total area
7,787 SF
Lot
1.56 ac (67,954 SF)
Zoning code
C
APN
SWAN M:036.0 B:0004 L:00000
UPID
US38-0416875
Jurisdiction
SWANSEA
Zoning & alternative use
C · Swansea, MA
Zoning C · permitted uses
C · Swansea, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Swansea. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.9M
RESTAURANT
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.0M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
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
1975
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
3
Lot
1.56 ac
Current owner
From public records · entity-resolved
Swansea Pediatric Assoc
Individual
Mailing address
78 FRG RD, ASSONET, MA 02702-1128
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
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
May 28, 2019
—
Brick Wall Real Estate
—
Deed
related
$260,000 · Avidia Bank
May 8, 2019
—
Brick Wall Real Estate
—
Deed
related
$260,000 · Avidia Bank
Apr 11, 2003
$552,500
Swansea Pediatric Assoc
Ferreira,william T
Grant Deed
—
Apr 11, 2003
—
Swansea Pediatric Assoc
—
Grant Deed
related
$680,000 · Bristol County Savings Bank
Mar 9, 1995
$125,000
Manuel T Ferreira
Ferreira,william T
Grant Deed
related
—
Jul 12, 1994
$165,000
William T Ferreira
Reisch,norman
Grant Deed
$125,000 · Zwi Kohorn
Jul 12, 1994
—
William T Ferreira
—
Deed Of Trust
related
$20,000 · Zwi Kohorn
Mar 16, 1987
—
Hill Rlty Assoc
—
Deed Of Trust
related
$190,000 · Grtr Providence Deptr
Mar 4, 1987
—
Hill Rlty Associates
—
Deed Of Trust
related
$185,000 · Zwi Kohorn
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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