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Property profile & analytics
OFF-MARKET
Estimated value
$2,810,000
Commercial real estate
287 Washington St, Attleboro, MA 02703-5537
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US38-1338779
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1965
Construction
FRAME
Total area
14,841 SF
Lot
15.7 ac (683,892 SF)
Zoning code
PHB
APN
ATTL M:14 L:73
UPID
US38-1338779
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.70M
Comparable Approach
Comparable
$2.65M
Blend (final)
Blend
$2.81M
Owner & transaction history
Attleboro Wholesale Dst · 10 yrs held
Attleboro Wholesale Dst
since 2016
5 recorded transactions
Zoning & alternative use
PHB · Attleboro, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.5M
+18.0%
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 Attleboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Attleboro 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%
$2,920,000
6.5%
$2,695,000
7%
$2,505,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,945,000
Current use
RESTAURANT
$3,475,000
Change: +18% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,640,000
Change: -10% · Conversion: Difficult
RETAIL STORES
$2,435,000
Change: -17% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,375,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$2.81M
Range $2.53M – $3.09M · ±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
$189 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$339,979
Tax year 2020
Assessed value
$19,208,400
Assessed 2024
Previous assessed
$19,208,400
+0.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$9,812,500
Assessed improvement
$9,395,900
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1965
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
14
Total area
14,841 SF
Lot
15.7 ac (683,892 SF)
Zoning code
PHB
APN
ATTL M:14 L:73
UPID
US38-1338779
Jurisdiction
ATTLEBORO
Zoning & alternative use
PHB · Attleboro, MA
Zoning PHB · permitted uses
PHB · Attleboro, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Attleboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.9M
RESTAURANT
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$2.6M
RETAIL STORES
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.4M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
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
1965
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
14
Lot
15.7 ac
Current owner
From public records · entity-resolved
Attleboro Wholesale Dst
Individual
Mailing address
1414 ATWOOD AVE, JOHNSTON, RI 02919-4839
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 4, 2016
$43,000,000
Attleboro Wholesale Dst
National Retail Props LP
Warranty Deed
$26,052,000 · Bank Of Ozark
Jun 20, 2013
—
Amalgamated Fin Grp 8 LP
—
Deed Of Trust
related
$10,860,000 · Sovereign Bank
Dec 13, 2012
—
Amalgamated Fin Grp 7
—
Deed Of Trust
related
$10,000,000 · Sovereign Bank
Oct 6, 2011
$31,270,137
National Retail Props LP
Natick Ma Realty LLC
Quit Claim Deed
—
Jun 23, 1987
—
Amalgmtd Fin Grp Viii
—
Deed Of Trust
related
$100,000 · Zuckerman Family Nomi
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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