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Property profile & analytics
OFF-MARKET
Estimated value
$2,895,000
Warehouses
27 Renmar Ave Walpole, MA 02081-1515
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-1811577
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
18,564 SF
Lot
1.54 ac (67,082 SF)
APN
WALP M:00040 B:00009 L:00000
UPID
US38-1811577
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
-
Blueportwireless Corporate Office
-
Blueport, Inc. Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.89M
CAP Approach
CAP
$3.69M
Comparable Approach
Comparable
$3.59M
Blend (final)
Blend
$2.90M
Owner & transaction history
Renmar LLC · 5 yrs held
Renmar LLC
since 2021
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.8M
+48.1%
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 Walpole submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Walpole 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
$2,900,000
ML approach
$2,885,000
CAP Approach
CAP Return
Estimation
6%
$3,995,000
6.5%
$3,690,000
7%
$3,425,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,210,000
Current use
COMMERCIAL (GENERAL)
$4,750,000
Change: +48% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,045,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$2.90M
Range $2.61M – $3.18M · ±10% · vs last sale $2.15M (Mar 30 2021)
Last sale anchor
$2.15M
Mar 30 2021
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
$156 / 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
$29,659
Tax year 2024
Assessed value
$1,656,900
Assessed 2024
Previous assessed
$1,624,100
+2.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$497,500
Assessed improvement
$1,159,400
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
2
Total area
18,564 SF
Lot
1.54 ac (67,082 SF)
APN
WALP M:00040 B:00009 L:00000
UPID
US38-1811577
Jurisdiction
WALPOLE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.2M
COMMERCIAL (GENERAL)
Est. value
$4.8M
INDUSTRIAL (GENERAL)
Est. value
$3.0M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
1989
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
2
Lot
1.54 ac
Current owner
From public records · entity-resolved
Renmar LLC
Entity
Mailing address
14 RUSSET HL RD, FRANKLIN, MA 02038-1373
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 3, 2021
—
Renmar LLC
—
Deed
related
$645,000 · Middlesex Savings Bank
Mar 30, 2021
$2,150,000
Renmar LLC
Norwood Vanderbilt LLC
Quit Claim Arm's Length For Ne States
$1,720,000 · Middlesex Savings Bank
Jan 29, 2021
—
Norwood Vanderbilt LLC
Adlaur LLC
Quit Claim Deed
related
—
Jun 13, 2007
$1,450,000
Adlaur LLC
Great Pond T
Deed
$1,180,000 · Td Banknorth Mtg Grp
Aug 13, 2004
—
Pond T Great
—
Deed Of Trust
related
$500,000 · Williams College
Jan 22, 2004
—
Pond T Great
—
Deed Of Trust
related
$300,000 · J F White Contracting
Jul 20, 1999
—
Pond T Great
—
Deed Of Trust
related
$800,000 · Gary Needham
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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