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Property profile & analytics
OFF-MARKET
Estimated value
$8,665,000
Retail space
296 Buffinton St Somerset, MA 02726-4528
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0685396
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2011
Construction
CONCRETE
Total area
11,704 SF
Lot
1.56 ac (67,954 SF)
Zoning code
C
APN
SOME M:0C5 L:0167
UPID
US38-0685396
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
$10.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.67M
Owner & transaction history
Prep Pharmacy Somerset · 3 yrs held
Prep Pharmacy Somerset
since 2022
Last sale
$8.6M
4 recorded transactions
Zoning & alternative use
C · Somerset, 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 Somerset submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Somerset 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
$11,470,000
ML approach
$10,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.67M
Range $7.80M – $9.53M · ±10% · vs last sale $8.61M (Aug 19 2022)
Last sale anchor
$8.61M
Aug 19 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
$740 / 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
$76,433
Tax year 2024
Assessed value
$3,000,900
Assessed 2024
Previous assessed
$2,333,600
+28.6% YoY
Effective rate
2.55%
On assessed value
Assessed land
$412,000
Assessed improvement
$2,588,900
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2011
Construction
CONCRETE
Heating
CENTRAL
Buildings
2
Stories
1
Units
1
Rooms
4
Bathrooms
1
Total area
11,704 SF
Lot
1.56 ac (67,954 SF)
Zoning code
C
APN
SOME M:0C5 L:0167
UPID
US38-0685396
Jurisdiction
SOMERSET
Zoning & alternative use
C · Somerset, MAZoning C · permitted uses
C · Somerset, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2011
Construction
CONCRETE
Heating
CENTRAL
Stories
1
Buildings
2
Units
1
Rooms
4
Bathrooms
1
Lot
1.56 ac
Current owner
From public records · entity-resolved
Prep Pharmacy Somerset
Individual
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2022
$8,611,111
Prep Pharmacy Somerset
Pharmacy Portfolio H Dst
Warranty Deed
—
Jul 18, 2008
$1,600,000
Richmond Somerset Dev LLC
Nicola Realty LLC
Grant Deed
$800,000 · Nicola Realty LLC
Mar 26, 2007
—
Nicola Rlty LLC
—
Deed Of Trust
related
$232,122 · Richmond Co INC
Aug 6, 2003
—
Nicola Rlty LLC
—
Deed Of Trust
related
$437,500 · Pine Banks Nt Ct
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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