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Property profile & analytics
OFF-MARKET
Estimated value
$2,625,000
Manufacturing properties
279 Ctr St Holbrook, MA 02343-1072
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-1012912
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1984
Construction
CONCRETE
Total area
19,167 SF
Lot
1.63 ac (70,959 SF)
Zoning code
I
APN
HOLB M:02 L:002-03-0
UPID
US38-1012912
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
-
Central Temp Services LLC Employment Agency
-
Safeway Transportation Freight Service Logistics Company
-
Roper Electrical Corporation Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.62M
CAP Approach
CAP
$3.14M
Comparable Approach
Comparable
$2.47M
Blend (final)
Blend
$2.63M
Owner & transaction history
279 Centre Street RT · 3 yrs held
279 Centre Street RT
since 2022
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
I · Holbrook, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$3.3M
+5.4%
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 Holbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Holbrook 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
$2,835,000
ML approach
$2,620,000
CAP Approach
CAP Return
Estimation
6%
$3,400,000
6.5%
$3,135,000
7%
$2,915,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,140,000
Current use
WAREHOUSE, STORAGE
$3,315,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$2.63M
Range $2.36M – $2.89M · ±10% · vs last sale $2.60M (Dec 15 2022)
Last sale anchor
$2.60M
Dec 15 2022
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
$137 / 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
$26,143
Tax year 2024
Assessed value
$983,200
Assessed 2024
Previous assessed
$927,000
+6.1% YoY
Effective rate
2.66%
On assessed value
Assessed land
$391,400
Assessed improvement
$591,800
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1984
Construction
CONCRETE
Heating
SPACE
Buildings
1
Stories
1
Units
1
Total area
19,167 SF
Lot
1.63 ac (70,959 SF)
Zoning code
I
APN
HOLB M:02 L:002-03-0
UPID
US38-1012912
Jurisdiction
HOLBROOK
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
I · Holbrook, MA
Zoning I · permitted uses
I · Holbrook, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Holbrook. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.1M
WAREHOUSE, STORAGE
Est. value
$3.3M
INDUSTRIAL (GENERAL) Current
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
1984
Construction
CONCRETE
Heating
SPACE
Stories
1
Buildings
1
Units
1
Lot
1.63 ac
Current owner
From public records · entity-resolved
279 Centre Street RT
Individual
Mailing address
152 CTR ST, HOLBROOK, MA 02343-1011
Ownership since
2022
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, 2022
$2,600,000
279 Centre Street RT
279 Centre Street LLC
Quit Claim Arm's Length For Ne States
—
Dec 5, 2013
—
279 Centre Street LLC
—
Deed Of Trust
related
$414,000 · South Shore Econo Dev
Sep 3, 2013
$725,000
279 Centre Street LLC
R&t Murray RT
Quit Claim Deed
$500,000 · S Bank
May 11, 2012
—
R&t Murray Of Norwood RT
—
Deed Of Trust
related
$450,000 · Walpole Coop Bank
Apr 6, 2001
—
R RT
—
Deed Of Trust
related
$65,000 · Citizens Bank Of Ma
Jul 20, 1998
—
Murray,robert P Tr
—
Deed Of Trust
related
$282,000 · Citizens Bank Of Ma
Aug 12, 1994
—
R RT
—
Deed Of Trust
related
$184,000 · South Shore Econo Dev
Jul 21, 1994
$440,000
R Norwood
Norwood Corp Ctr Dev
Grant Deed
related
$220,000 · Fleet National Bank
Jul 21, 1994
—
R Norwood
—
Deed Of Trust
related
$176,000 · Fleet National 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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