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Property profile & analytics
OFF-MARKET
Estimated value
$1,480,000
Commercial real estate
237 Dodge Rd, Rowley, MA 01969-2207
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0627594
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1970
Construction
FRAME
Total area
1,300 SF
Lot
76.2 ac (3,319,272 SF)
APN
ROWL M:0009 B:0021 L:0000
UPID
US38-0627594
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
$1.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.48M
Owner & transaction history
Rowley Greens LLC · 3 yrs held
Rowley Greens LLC
since 2022
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
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 Rowley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rowley 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
$1,565,000
ML approach
$1,550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.48M
Range $1.33M – $1.63M · ±10% · vs last sale $1.40M (Oct 7 2022)
Last sale anchor
$1.40M
Oct 7 2022
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
$1,138 / 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
$14,064
Tax year 2024
Assessed value
$1,162,300
Assessed 2024
Previous assessed
$1,162,300
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$465,600
Assessed improvement
$696,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1970
Construction
FRAME
Heating
BASEBOARD
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
1,300 SF
Lot
76.2 ac (3,319,272 SF)
APN
ROWL M:0009 B:0021 L:0000
UPID
US38-0627594
Jurisdiction
ROWLEY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
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
1970
Construction
FRAME
Heating
BASEBOARD
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
76.2 ac
Current owner
From public records · entity-resolved
Rowley Greens LLC
Entity
Mailing address
3 BRIGHTON ST, BELMONT, MA 02478-4007
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2023
—
Rowley Greens LLC
—
Deed
related
$12,520,000 · North Shore Bank
Oct 7, 2022
$1,400,000
Rowley Greens LLC
Rowley Golf Course LLC
Quit Claim Arm's Length For Ne States
$6,530,000 · North Shore Bank
Aug 29, 2014
$1,000,000
Rowley Golf Course LLC
Rowley Country Club LLC
Quit Claim Deed
$750,000 · Reading Cp Bank
Jan 18, 2013
$1,400,000
Res At Carriage Pines LLC
Windover Props LLC
Grant Deed
$3,239,671 · Reading Cp Bank
Jan 18, 2013
$700,000
Rowley Country Club LLC
Windover Props LLC
Grant Deed
$1,425,000 · Reading Cp Bank
Dec 6, 2007
—
Windover Prop LLC
—
Deed Of Trust
related
$1,950,000 · Beverly Cooperative Bank
Nov 10, 2006
$1
Windover Prop LLC
Simons Brook RT
Grant Deed
—
Sep 10, 2002
—
K O B RT
—
Deed Of Trust
related
$625,000 · Georgetown Savings Bank
Apr 13, 2001
—
Kob RT
—
Deed Of Trust
related
$550,000 · Georgetown Savings Bank
Jun 29, 1998
—
Kob RT
—
Deed Of Trust
related
$150,000 · Georgetown Savings Bank
Mar 31, 1997
—
Kob RT
—
Deed Of Trust
related
$103,000 · Georgetown Savings Bank
Jul 11, 1996
—
Kob RT
—
Deed Of Trust
related
$430,000 · Georgetown 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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