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Property profile & analytics
OFF-MARKET
Estimated value
$10,535,000
Industrial properties
285 Circuit St, Hanover, MA 02339-2024
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1149764
Property summary
AI-generated overview
This exceptional industrial property at 285 Circuit Street, Plymouth County, offers 10,300 square feet of high-quality warehouse and distribution space for lease. The building boasts a total of 91,377 square feet, with multiple tenants currently occupying the remaining space. This particular unit features a column-free layout, maximizing efficiency and usability. The 20-foot clear ceiling height provides ample vertical storage capacity. Loading and unloading are facilitated by two loading docks and one convenient grade-level drive-in door. The property sits on a generous 5.91-acre lot, providing ample room for maneuvering and potential expansion. The space is zoned Industrial (I), making it suitable for a variety of industrial and distribution uses. Electrical service is provided by a 400-amp power supply. This strategically located South Shore property offers easy access to major transportation routes, making it an ideal location for businesses needing efficient logistics. The available space is immediately ready for occupancy. Contact us today to schedule a viewing and explore the possibilities of this exceptional industrial space.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
5.91 ac (257,440 SF)
Zoning code
I
APN
HANO M:52 L:017
UPID
US38-1149764
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
-
SES Casters Inc. Factory Industrial Manufacturer
-
Advanced Finishing Powder Coating Service
-
Soccer Etc (Bike/Boat/Book/etc) Store
-
Global Prime Direct Big Box & Wholesale Store
-
South Shore Venom Baseball Academy Gym & Fitness Center Sports Field & Court
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.54M
Owner & transaction history
285 Circuit St RT · 4 yrs held
285 Circuit St RT
since 2021
Last sale
$10.5M
7 recorded transactions
Zoning & alternative use
I · Hanover, 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 Hanover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hanover 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
$10,565,000
ML approach
$10,360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.54M
Range $9.48M – $11.59M · ±10% · vs last sale $10.52M (Nov 8 2021)
Last sale anchor
$10.52M
Nov 8 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
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$83,244
Tax year 2023
Assessed value
$6,262,500
Assessed 2024
Previous assessed
$6,170,800
+1.5% YoY
Effective rate
1.33%
On assessed value
Assessed land
$1,703,800
Assessed improvement
$4,558,700
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
YES
Cooling
YES
Buildings
3
Units
7
Lot
5.91 ac (257,440 SF)
Zoning code
I
APN
HANO M:52 L:017
UPID
US38-1149764
Jurisdiction
HANOVER
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
I · Hanover, MA
Zoning I · permitted uses
I · Hanover, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hanover. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
YES
Cooling
Yes
Buildings
3
Units
7
Lot
5.91 ac
Current owner
From public records · entity-resolved
285 Circuit St RT
Individual
Mailing address
1900 CROWN COLONY DR STE #405, QUINCY, MA 02169-0980
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2021
$10,517,500
285 Circuit St RT
285 Circuit LLC
Quit Claim Arm's Length For Ne States
$7,741,300 · Middlesex Savings Bank
Jul 16, 2020
—
285 Circuit LLC
—
Deed
related
$4,100,000 · Brookline Bank
Jan 23, 2019
—
285 Circuit LLC
—
Deed
related
$3,000,000 · Brookline Bank
Aug 30, 2016
—
285 Circuit LLC
—
Deed
related
$500,000 · First Commons Bank
Oct 26, 2015
$3,600,000
285 Circuit LLC
Beech Street Enterpris
Quit Claim Arm's Length For Ne States
$2,500,000 · First Commons Bank
Nov 1, 2006
—
Beech St Enterprises LLC
—
Deed Of Trust
related
$180,000 · Rockland Trust Co
Oct 27, 2004
—
Beech St Enterprises LLC
—
Deed Of Trust
related
$200,000 · South Shore Bank
Jun 18, 2004
$2,275,000
Beech St Enterprises LLC
New Hanover Dev LLC
Grant Deed
$1,875,000 · Rockland Trust Co
Dec 7, 1998
$1,650,000
New Hanover Dev LLC
Batiment RT
Grant Deed
$1,085,000 · Rockland Trust 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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