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Property profile & analytics
OFF-MARKET
Estimated value
$2,575,000
Office buildings
23 Strathmore Rd Natick, MA 01760-2444
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US38-1553303
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
FRAME
Total area
22,432 SF
Lot
1.15 ac (50,007 SF)
Zoning code
INI
APN
NATI M:00000024 P:000090FB
UPID
US38-1553303
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
-
Delsys Research And Product Development
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.09M
Blend (final)
Blend
$2.58M
Owner & transaction history
Cjd Strathmore LLC · 13 yrs held
Cjd Strathmore LLC
since 2013
5 recorded transactions
Zoning & alternative use
INI · Natick, 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 Natick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Natick 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
Blend value · Realmo final
$2.58M
Range $2.32M – $2.83M · ±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
$115 / 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
$43,410
Tax year 2024
Assessed value
$3,540,800
Assessed 2024
Previous assessed
$3,540,800
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,103,600
Assessed improvement
$2,437,200
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
1986
Construction
FRAME
Heating
SPACE
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
2
Total area
22,432 SF
Lot
1.15 ac (50,007 SF)
Zoning code
INI
APN
NATI M:00000024 P:000090FB
UPID
US38-1553303
Jurisdiction
NATICK
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
INI · Natick, MAZoning INI · permitted uses
INI · Natick, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1986
Construction
FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
2
Lot
1.15 ac
Current owner
From public records · entity-resolved
Cjd Strathmore LLC
Entity
Mailing address
23 STRATHMORE RD, NATICK, MA 01760-2444
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2013
$2,300,000
Cjd Strathmore LLC
23 Strathmore Road LLC
Quit Claim Deed
—
Mar 6, 2009
—
23 Strathmore Road LLC
—
Deed Of Trust
related
$1,500,000 · Middlesex Savings Bank
Mar 7, 2002
—
23 Strathmore Rd LLC
—
Deed Of Trust
related
$1,500,000 · Middlesex Savings Bank
Sep 16, 1999
$1,600,000
23 Strathmore Rd LLC
23 Strathmore Assocs
Grant Deed
related
$1,475,000 · Zenon Grzybowski
May 6, 1994
—
23 Strathmore Assoc
—
Deed Of Trust
related
$1,405,666 · Sun Life Assurance 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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