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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Investment properties
246 Acton Rd Chelmsford, MA 01824-3817
Individually Owned
38-yr Hold
Property ID
US38-1566256
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1855
Total area
3,096 SF
Lot
1.17 ac (50,965 SF)
Zoning code
RB
APN
CHEL M:0109 B:0429 L:9
UPID
US38-1566256
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
$785k
Comparable Approach
Comparable
$612k
Blend (final)
Blend
$705k
Owner & transaction history
Philip S Jones · 38 yrs held
Philip S Jones
since 1988
6 recorded transactions
Zoning & alternative use
RB · Chelmsford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$870,000
+8.9%
Neighborhood: shopping center
$860,000
+7.2%
Retail stores
$835,000
+4.3%
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 Chelmsford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chelmsford 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%
$850,000
6.5%
$785,000
7%
$730,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$800,000
Current use
AUTO REPAIR, GARAGE
$870,000
Change: +9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$860,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$835,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$705k
Range $635k – $776k · ±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
$228 / 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 2018Property tax & assessments
Tax year 2018
Tax billed
$9,558
Tax year 2018
Assessed value
$909,300
Assessed 2024
Previous assessed
$800,900
+13.5% YoY
Effective rate
1.05%
On assessed value
Assessed land
$328,700
Assessed improvement
$580,600
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1855
Heating
STEAM
Buildings
1
Stories
2
Units
1
Rooms
9
Bathrooms
3
Total area
3,096 SF
Lot
1.17 ac (50,965 SF)
Zoning code
RB
APN
CHEL M:0109 B:0429 L:9
UPID
US38-1566256
Jurisdiction
CHELMSFORD
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
RB · Chelmsford, MA
Zoning RB · permitted uses
RB · Chelmsford, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chelmsford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$800,000
AUTO REPAIR, GARAGE
Est. value
$870,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$860,000
RETAIL STORES
Est. value
$835,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1855
Heating
STEAM
Stories
2
Buildings
1
Units
1
Rooms
9
Bathrooms
3
Lot
1.17 ac
Current owner
From public records · entity-resolved
Philip S Jones
Individual
Mailing address
246 ACTON RD, CHELMSFORD, MA 01824-3817
Ownership since
1988
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 18, 2008
—
Deborah D Jones
—
Deed Of Trust
related
$30,000 · Enterprise Bank & Trust
Nov 4, 2005
—
Deborah D Jones
—
Deed Of Trust
related
$50,000 · Enterprise Bank & Trust
Jul 26, 1999
—
Philip S Jones
—
Deed Of Trust
related
$300,000 · First Pioneer Farm Credit Aca
May 16, 1991
—
Philip S Jones
—
Deed Of Trust
related
$50,000 · Southbridge Cu
Jan 29, 1988
$60,000
Philip S Jones
Carlson,robert W
Grant Deed
$60,000 · Zenon Grzybowski
Jan 28, 1988
$320,000
Philip S Jones
Carlson,robert W
Grant Deed
$230,000 · Provident Financial Services
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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