New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,800,000
Turn key restaurants
2294 State Rd, Plymouth, MA 02360-5178
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-1832400
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1980
Construction
FRAME
Total area
5,956 SF
Lot
1.23 ac (53,492 SF)
Zoning code
GC
APN
PLYM M:0054 B:0005 L:0003-1B
UPID
US38-1832400
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
-
Plymouth Public House Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.76M
Blend (final)
Blend
$1.80M
Owner & transaction history
Tulu Management LLC · 5 yrs held
Tulu Management LLC
since 2021
Last sale
$1.8M
6 recorded transactions
Zoning & alternative use
GC · Plymouth, 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 Plymouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plymouth 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
$1,810,000
ML approach
$1,795,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,570,000
Current use
INDUSTRIAL (GENERAL)
$1,350,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.80M
Range $1.62M – $1.98M · ±10% · vs last sale $1.80M (Mar 19 2021)
Last sale anchor
$1.80M
Mar 19 2021
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
$302 / 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
$24,217
Tax year 2024
Assessed value
$1,881,700
Assessed 2024
Previous assessed
$1,881,700
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,008,700
Assessed improvement
$873,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1980
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Bathrooms
3
Total area
5,956 SF
Lot
1.23 ac (53,492 SF)
Zoning code
GC
APN
PLYM M:0054 B:0005 L:0003-1B
UPID
US38-1832400
Jurisdiction
PLYMOUTH
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
GC · Plymouth, MA
Zoning GC · permitted uses
GC · Plymouth, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plymouth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.6M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
RESTAURANT Current
INDUSTRIAL (GENERAL)
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
1980
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Bathrooms
3
Lot
1.23 ac
Current owner
From public records · entity-resolved
Tulu Management LLC
Entity
Mailing address
22 SPG ST, PEMBROKE, MA 02359-2002
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2026
—
Tulu Management LLC
—
Deed
related
$546,000 · North Easton Savings Bank
Nov 18, 2025
—
Tulu Management LLC
—
Deed
related
$114,607 · Russo Lending LLC
Mar 19, 2021
$1,800,000
Tulu Management LLC
Cedarville Prop Land Ownr
Quit Claim Arm's Length For Ne States
$900,000 · North Easton Savings Bank
Mar 19, 2021
—
Tulu Mgmt LLC
—
Deed
related
$720,000 · North Easton Savings Bank
Aug 30, 2018
—
Cedarville Property La
—
Deed
related
$2,800,000 · Mutualone Bk
Nov 13, 2017
—
Cedarville Prop Land O
—
Deed
related
$6,230,000 · Mutualone Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2294 State Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
