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Property profile & analytics
OFF-MARKET
Commercial land
237 Main St, Norton, MA 02766-2420
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-1782533
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1940
Construction
WOOD FRAME
Total area
2,965 SF
Lot
3.01 ac (131,041 SF)
Zoning code
R80
APN
NORT M:11 P:34
UPID
US38-1782533
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Invtrs Leonard Street · 6 yrs held
Invtrs Leonard Street
since 2019
7 recorded transactions
Zoning & alternative use
R80 · Norton, 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 Norton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,995
Tax year 2024
Assessed value
$505,400
Assessed 2024
Previous assessed
$505,400
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$505,400
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1940
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
YES
Stories
2
Rooms
7
Bathrooms
3
Total area
2,965 SF
Lot
3.01 ac (131,041 SF)
Zoning code
R80
APN
NORT M:11 P:34
UPID
US38-1782533
Jurisdiction
NORTON
Zoning & alternative use
R80 · Norton, MA
Zoning R80 · permitted uses
R80 · Norton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
7
Bathrooms
3
Lot
3.01 ac
Current owner
From public records · entity-resolved
Invtrs Leonard Street
Individual
Mailing address
100 GRANDVIEW RD STE #312, BRAINTREE, MA 02184-2691
Ownership since
2019
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
Oct 28, 2019
—
Invtrs Leonard Street
Pond Hldgs LLC
Quit Claim Deed
related
—
Feb 7, 2018
$825,036
Pond Holdings LLC
Pond,marjorie L
Quit Claim Deed
$712,935 · Marjorie L Pond
Nov 24, 2003
—
Marjorie L Pond
—
Deed Of Trust
related
$238,000 · Premium Capital Funding
Feb 22, 2002
—
Marjorie L Pond
—
Deed Of Trust
related
$211,000 · Wilmington National Finance
Feb 2, 2000
$12,000
Marjorie L Cheetham
Cheetham,william E
Grant Deed
related
$158,500 · Advanced Financial Services
May 17, 1999
—
William E Cheetham
—
Deed Of Trust
related
$145,000 · Bancnorth Mortgage Co
Dec 22, 1992
—
William E\cheetham
—
Deed Of Trust
related
$115,000 · New Fijol Ft
Feb 28, 1992
—
William Cheetham
—
Deed Of Trust
related
$108,500 · Ge Capital Mortgage Service
Jun 14, 1990
—
William Cheetham
—
Deed Of Trust
related
$5,288 · North Easton Savings Bank
Dec 27, 1988
—
William E Cheetham
—
Deed Of Trust
related
$58,476 · Meritor Credit Corp
Jul 1, 1988
—
William E Cheetham
—
Deed Of Trust
related
$43,519 · Meritor Credit Corp
Jan 25, 1988
$70,000
William E Cheetham
Cheetham,charles H
Grant Deed
related
$61,500 · Zenon Grzybowski
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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