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Property profile & analytics
OFF-MARKET
Estimated value
$11,110,000
Automotive properties
240 Manley St, Brockton, MA 02301-5510
Individually Owned
2-yr Hold
Free & Clear
Property ID
US38-0290899
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2010
Total area
26,725 SF
Lot
11.1 ac (483,429 SF)
Zoning code
I1
APN
BROC M:008 R:055 S:
UPID
US38-0290899
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
-
McGovern Hyundai of Brockton Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.11M
Owner & transaction history
Lac 240 Manley St Brockto · 2 yrs held
Lac 240 Manley St Brockto
since 2024
Last sale
$11.1M
3 recorded transactions
Zoning & alternative use
I1 · Brockton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$8.8M
+36.3%
Restaurant
$7.0M
+9.1%
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 Brockton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brockton 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
$11,110,000
ML approach
$11,110,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$8,800,000
Change: +36% · Conversion: Difficult
RESTAURANT
$7,045,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$11.11M
Range $10.00M – $12.22M · ±10% · vs last sale $11.11M (May 9 2024)
Last sale anchor
$11.11M
May 9 2024
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
$416 / 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
$139,093
Tax year 2024
Assessed value
$5,783,500
Assessed 2024
Previous assessed
$5,783,500
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$2,186,100
Assessed improvement
$3,597,400
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2010
Heating
SPACE
Buildings
1
Stories
1
Total area
26,725 SF
Lot
11.1 ac (483,429 SF)
Zoning code
I1
APN
BROC M:008 R:055 S:
UPID
US38-0290899
Jurisdiction
BROCKTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
I1 · Brockton, MA
Zoning I1 · permitted uses
I1 · Brockton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brockton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$8.8M
RESTAURANT
Est. value
$7.0M
OFFICE BUILDING
RESTAURANT
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
2010
Heating
SPACE
Stories
1
Buildings
1
Lot
11.1 ac
Current owner
From public records · entity-resolved
Lac 240 Manley St Brockto
Individual
Free & Clear · 2 yrs held
Mailing address
240 MANLEY ST, BROCKTON, MA 02301-5510
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2024
$11,111,111
Lac 240 Manley St Brockto
Mag Re Hldg-brockton LLC
Quit Claim Arm's Length For Ne States
—
Oct 6, 2023
—
Mag Re Hldg-brockton LLC
—
Deed
related
$654,000,000 · Truist Bank
Oct 1, 2020
$8,000,000
Mag Re Hldg-brockton LLC
Furt LLC
Quit Claim Arm's Length For Ne States
$7,140,000 · Truist 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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