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Property profile & analytics
OFF-MARKET
Estimated value
$1,850,000
Investment properties
284 Main St 300, Walpole, MA 02081-4031
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-0979743
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1962
Construction
FRAME
Total area
5,632 SF
Lot
0.56 ac (24,482 SF)
APN
WALP M:00018 B:00053 L:00000
UPID
US38-0979743
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
-
Sauer & Sauer - Knowledge is Money in Your Pocket Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$1.85M
Owner & transaction history
Kj Real Estate Group LLC · 1 yrs held
Kj Real Estate Group LLC
since 2024
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.4M
+67.7%
Auto repair, garage
$1.8M
+25.8%
Office building
$1.7M
+14.6%
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
$1,850,000
ML approach
$1,850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,440,000
Current use
RESTAURANT
$2,415,000
Change: +68% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,815,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$1,650,000
Change: +15% · Conversion: Easy
RETAIL STORES
$1,650,000
Change: +14% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,620,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$1.85M
Range $1.67M – $2.04M · ±10% · vs last sale $1.85M (Aug 9 2024)
Last sale anchor
$1.85M
Aug 9 2024
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
$328 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$12,134
Tax year 2021
Assessed value
$708,500
Assessed 2024
Previous assessed
$708,500
+0.0% YoY
Effective rate
1.71%
On assessed value
Assessed land
$443,500
Assessed improvement
$265,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1962
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
6
Total area
5,632 SF
Lot
0.56 ac (24,482 SF)
APN
WALP M:00018 B:00053 L:00000
UPID
US38-0979743
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
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
RESTAURANT
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.7M
RETAIL STORES
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1962
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
6
Lot
0.56 ac
Current owner
From public records · entity-resolved
Kj Real Estate Group LLC
Entity
Mailing address
284 MAIN ST #300, WALPOLE, MA 02081-4031
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2024
$1,850,000
Kj Real Estate Group LLC
Mathis Realty LLC
Quit Claim Arm's Length For Ne States
$925,000 · Mathis Realty LLC
Feb 28, 2017
$655,000
Mathis Realty LLC
C P Olson LLC
Quit Claim Arm's Length For Ne States
$655,000 · Charles River Bank
Jun 13, 2014
—
C P Olson LLC
—
Deed Of Trust
related
$135,000 · Mckr Int
Jan 30, 2013
$440,000
C P Olson LLC
Old Colonial Realty Corp
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
$360,000 · Mayflower Capital Partners LLC
Feb 5, 2010
—
Old Colonial Realty Corp
—
Deed Of Trust
related
$36,000 · Bank Of Canton
Oct 23, 2006
—
Old Colonial Realty Corp
—
Deed Of Trust
related
$420,000 · Bank Of Canton
Apr 7, 2004
—
Old Colonial Rlty Corp
—
Deed Of Trust
related
$120,000 · Compass Bank For Savings
Mar 3, 1997
$330,000
Old Colonial Rlty Corp
Bay State Fsb
Grant Deed
$285,000 · Bay State Federal Savings Bank
Feb 7, 1997
$125,000
Bay State Fed Dsb
Bay State Fsb
Grant Deed
related
—
Mar 1, 1995
$50,000
H RT
Rossi,renaldo R Tr
Grant Deed
—
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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