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Property profile & analytics
OFF-MARKET
Estimated value
$2,130,000
Showrooms
282 Elm St Amesbury, MA 01913-4320
Entity Owned
8-yr Hold
Free & Clear
Property ID
US38-1864698
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2019
Construction
FRAME
Total area
7,560 SF
Lot
2 ac (87,120 SF)
Zoning code
RCZD
APN
AMES M:68 B:0016
UPID
US38-1864698
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
-
Amesbury Dental Associates Dental Office
-
George Tsougranis Dental Office
-
Dr. Brad Fulkerson Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.36M
Comparable Approach
Comparable
$2.39M
Blend (final)
Blend
$2.13M
Owner & transaction history
Pryor & Lyle LLC · 8 yrs held
Pryor & Lyle LLC
since 2018
7 recorded transactions
Zoning & alternative use
RCZD · Amesbury, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.6M
+73.2%
Apartment house (5+ units)
$2.4M
+60.4%
Office building
$1.9M
+29.0%
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 Amesbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Amesbury 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%
$2,550,000
6.5%
$2,355,000
7%
$2,185,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,505,000
Current use
RESTAURANT
$2,610,000
Change: +73% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,415,000
Change: +60% · Conversion: Moderate
OFFICE BUILDING
$1,945,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,810,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$1,680,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$2.13M
Range $1.92M – $2.34M · ±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
$282 / 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
$29,804
Tax year 2024
Assessed value
$1,905,600
Assessed 2024
Previous assessed
$1,905,600
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$543,400
Assessed improvement
$1,362,200
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2019
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Rooms
28
Bathrooms
4
Total area
7,560 SF
Lot
2 ac (87,120 SF)
Zoning code
RCZD
APN
AMES M:68 B:0016
UPID
US38-1864698
Jurisdiction
AMESBURY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
RCZD · Amesbury, MA
Zoning RCZD · permitted uses
RCZD · Amesbury, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Amesbury. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.5M
RESTAURANT
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.4M
OFFICE BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.8M
RETAIL STORES
Est. value
$1.7M
COMMERCIAL (GENERAL) Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2019
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Rooms
28
Bathrooms
4
Lot
2 ac
Current owner
From public records · entity-resolved
Pryor & Lyle LLC
Entity
Free & Clear · 8 yrs held
Mailing address
25 WASHINGTON RD, RYE, NH 03870-2439
Ownership since
2018
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
Feb 15, 2019
—
Pryor&lyle LLC
—
Deed
related
$1,200,000 · Kennebunk Savings Bank
Apr 4, 2018
$529,500
Pryor & Lyle LLC
Finard Amesbury LLC
Quit Claim Deed
—
Aug 10, 1999
$350,000
Finard Amesbury LLC
Pratt,leon M JR
Grant Deed
—
Aug 10, 1999
—
Finard Amesbury LLC
—
Deed Of Trust
related
$13,500,000 · Us Trust Co Essex
Jan 19, 1999
—
Leon M Pratt JR.
—
Deed Of Trust
related
$100,000 · Merrimac Valley FCU
Nov 16, 1998
—
Leon M Pratt JR.
—
Deed Of Trust
related
$30,000 · Merrimac Valley FCU
Jul 21, 1998
—
Leon M Pratt JR.
—
Deed Of Trust
related
$33,200 · Merrimac Valley FCU
Nov 24, 1993
—
Leon M Pratt JR.
—
Deed Of Trust
related
$30,000 · Merrimac Valley FCU
May 11, 1992
—
Leon M Pratt
—
Deed Of Trust
related
$40,000 · Lawrence Savings 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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