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Property profile & analytics
OFF-MARKET
Estimated value
$11,810,000
Manufacturing properties
223 Worcester Providence Tpke Sutton, MA 01590-2905
Entity Owned
19-yr Hold
Free & Clear
Property ID
US38-1456855
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2009
Construction
STEEL FRAME
Total area
423,649 SF
Lot
33.23 ac (1,447,499 SF)
Zoning code
B2
APN
SUTT M:0018 P:65
UPID
US38-1456855
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
$11.86M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.23M
Blend (final)
Blend
$11.81M
Owner & transaction history
Atlas Box LLC · 19 yrs held
Atlas Box LLC
since 2007
Last sale
$9.5M
1 recorded transaction
Zoning & alternative use
B2 · Sutton, 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 Sutton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sutton 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
$13,965,000
ML approach
$11,855,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.81M
Range $10.63M – $12.99M · ±10% · vs last sale $9.50M (Nov 6 2020)
Last sale anchor
$9.50M
Nov 6 2020
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
$28 / 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
$304,270
Tax year 2024
Assessed value
$23,605,100
Assessed 2024
Previous assessed
$23,605,100
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$5,300,500
Assessed improvement
$18,304,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
2009
Construction
STEEL FRAME
Heating
HOT WATER
Buildings
1
Stories
1
Units
1
Rooms
8
Bathrooms
1
Total area
423,649 SF
Lot
33.23 ac (1,447,499 SF)
Zoning code
B2
APN
SUTT M:0018 P:65
UPID
US38-1456855
Jurisdiction
SUTTON
Zoning & alternative use
B2 · Sutton, MA
Zoning B2 · permitted uses
B2 · Sutton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sutton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Construction
STEEL FRAME
Heating
HOT WATER
Stories
1
Buildings
1
Units
1
Rooms
8
Bathrooms
1
Lot
33.23 ac
Current owner
From public records · entity-resolved
Atlas Box LLC
Entity
Free & Clear · 19 yrs held
Mailing address
223 WORCESTER PROVIDENCE TPKE, SUTTON, MA 01590-2905
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2007
$270,000
Atlas Box LLC
Judson Lavallee Corp
Grant Deed
—
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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