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Property profile & analytics
OFF-MARKET
Estimated value
$109,870,000
Office buildings
269 Grv St 287, Auburndale, MA 02466-2292
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0445704
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Construction
STEEL FRAME
Total area
496,707 SF
Lot
11.24 ac (489,460 SF)
Zoning code
BU4
APN
NEWT S:43 B:029 L:0024
UPID
US38-0445704
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
$151.58M
Blend (final)
Blend
$109.87M
Owner & transaction history
Big Grp 275 Grv Owner LLC · 3 yrs held
Big Grp 275 Grv Owner LLC
since 2023
Last sale
$117.5M
7 recorded transactions
Zoning & alternative use
BU4 · Auburndale, 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 Auburndale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburndale 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
$108,765,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$151,575,000
Current use
RESTAURANT
$144,205,000
Change: -5% · Conversion: Moderate
AUTO REPAIR, GARAGE
$139,805,000
Change: -8% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$137,625,000
Change: -9% · Conversion: Difficult
RETAIL STORES
$133,900,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$109.87M
Range $98.88M – $120.86M · ±10% · vs last sale $117.50M (Jun 28 2023)
Last sale anchor
$117.50M
Jun 28 2023
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
$221 / 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
$2,652,862
Tax year 2024
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
12
Rooms
100
Bathrooms
8
Total area
496,707 SF
Lot
11.24 ac (489,460 SF)
Zoning code
BU4
APN
NEWT S:43 B:029 L:0024
UPID
US38-0445704
Jurisdiction
NEWTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
BU4 · Auburndale, MA
Zoning BU4 · permitted uses
BU4 · Auburndale, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Auburndale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$151.6M
RESTAURANT
Est. value
$144.2M
AUTO REPAIR, GARAGE
Est. value
$139.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$137.6M
RETAIL STORES
Est. value
$133.9M
OFFICE BUILDING Current
RESTAURANT
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
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
12
Rooms
100
Bathrooms
8
Lot
11.24 ac
Current owner
From public records · entity-resolved
Big Grp 275 Grv Owner LLC
Entity
Mailing address
269 GRV ST #287, AUBURNDALE, MA 02466-2292
Ownership since
2023
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
Dec 15, 2025
—
Big Grp 275 Grv Owner LLC
—
Deed
related
$113,230,000 · Argentic Re Inv 2 LLC
Jul 24, 2023
—
Big Grp 275 Grv Owner LLC
—
Deed
related
$92,240,000 · Rref IV-d Direct Lend
Jun 28, 2023
$117,500,000
Big Grp 275 Grv Owner LLC
Are-ma Region No 76 LLC
Quit Claim Arm's Length For Ne States
$92,240,000 · Rref IV-d Direct Lend
Jan 14, 2020
$235,000,000
Are Ma Region 76 LLC
Hines Global Reit Riversd
Quit Claim Deed
—
Apr 2, 2013
$197,250,000
Glob Reit Riverside Hines
Ma Riverside Project LLC
Grant Deed
—
Apr 20, 2007
—
Ma 25 Mall LLC
—
Deed Of Trust
related
$999,999,999 · Bank Of America
Aug 21, 1997
$32,500,000
Riverside Project LLC
Cc&f Auburndale Ctr T
Grant Deed
—
Aug 11, 1997
$7,350,000
John A Pirovano
Auburndale Realty INC
Grant Deed
—
Feb 19, 1988
—
Auburndale Rlty INC
—
Deed Of Trust
related
$8,415,000 · Prudential Insurance Co
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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