New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,220,000
Manufacturing properties
251 Moody St, Ludlow, MA 01056-1263
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US38-0357471
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1986
Construction
FRAME
Total area
23,020 SF
Lot
2.75 ac (119,616 SF)
Zoning code
IND C
APN
LUDL M:3 B:10500 P:105
UPID
US38-0357471
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
-
The Butler Corporation Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$821k
Blend (final)
Blend
$1.22M
Owner & transaction history
Jsm Realty LLC · 21 yrs held
Jsm Realty LLC
since 2004
7 recorded transactions
Zoning & alternative use
IND C · Ludlow, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.0M
+55.8%
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 Ludlow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ludlow 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
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,290,000
Current use
COMMERCIAL (GENERAL)
$2,015,000
Change: +56% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,175,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±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
$53 / 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
$25,724
Tax year 2024
Assessed value
$1,422,000
Assessed 2024
Previous assessed
$1,309,400
+8.6% YoY
Effective rate
1.81%
On assessed value
Assessed land
$233,200
Assessed improvement
$1,188,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1986
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Rooms
13
Total area
23,020 SF
Lot
2.75 ac (119,616 SF)
Zoning code
IND C
APN
LUDL M:3 B:10500 P:105
UPID
US38-0357471
Jurisdiction
LUDLOW
Zoning & alternative use
IND C · Ludlow, MA
Zoning IND C · permitted uses
IND C · Ludlow, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ludlow. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$1.2M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1986
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Rooms
13
Lot
2.75 ac
Current owner
From public records · entity-resolved
Jsm Realty LLC
Entity
Mailing address
18 PHEASANT HL, GRANBY, MA 01033-9553
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2019
—
Jsm Realty LLC
—
Deed
related
$750,000 · Florence Bk
Oct 14, 2004
$1
Jsm Realty LLC
Mesheau,john S
Grant Deed
related
—
Jan 28, 1999
—
John S Mesheau
—
Deed Of Trust
related
$618,000 · Chicopee Savings Bank
May 22, 1996
—
John S Mesheau
—
Deed Of Trust
related
$412,000 · Chicopee Savings Bank
Apr 21, 1988
—
John S Mesheau
—
Deed Of Trust
related
$650,000 · Multibank Natl Wstnma
Apr 22, 1987
$8,740
Joh S Mesheau
Westover Metro Dev
Grant Deed
—
Feb 23, 1987
—
John S Mesheau
—
Deed Of Trust
related
$650,000 · Community Savings Bank
—
—
Jsm Realty LLC
—
Deed Of Trust
related
$365,000 · Florence Bk
—
—
Jsm Realty LLC
—
Deed Of Trust
related
$750,000 · Florence Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 251 Moody St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
