New search
Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Industrial properties
3 Ajootian Way D8, Middleton, MA 01949-2490
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US38-0268870
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
2008
Construction
STEEL FRAME
Total area
3,610 SF
Zoning code
M1
APN
MIDD M:0032 A B:0000 L:9008 D
UPID
US38-0268870
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
-
Super Kitchen Services Inc Hardware & Home Improvement Kitchen & Bath Showroom
-
CrossFit Wicked Gym & Fitness Center
-
CBC West Factory Production Facility
-
Tool Technology Industrial Manufacturer Factory
-
Northeast Regional Ambulance Ambulance Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$590k
Comparable Approach
Comparable
$693k
Blend (final)
Blend
$760k
Owner & transaction history
Ajootian Way LLC · 7 yrs held
Ajootian Way LLC
since 2018
Last sale
$875,000
3 recorded transactions
Zoning & alternative use
M1 · Middleton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$930,000
+57.0%
Auto repair, garage
$865,000
+46.3%
Retail stores
$805,000
+35.8%
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 Middleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middleton 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%
$640,000
6.5%
$590,000
7%
$550,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$590,000
Current use
OFFICE BUILDING
$930,000
Change: +57% · Conversion: Difficult
AUTO REPAIR, GARAGE
$865,000
Change: +46% · Conversion: Easy
RETAIL STORES
$805,000
Change: +36% · Conversion: Moderate
COMMERCIAL (GENERAL)
$720,000
Change: +22% · Conversion: Difficult
WAREHOUSE, STORAGE
$510,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$760k
Range $684k – $836k · ±10% · vs last sale $875k (Jan 13 2026)
Last sale anchor
$875k
Jan 13 2026
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
$211 / 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
$6,843
Tax year 2024
Assessed value
$580,400
Assessed 2024
Previous assessed
$580,400
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed improvement
$580,400
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
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
2
Bathrooms
2
Total area
3,610 SF
Zoning code
M1
APN
MIDD M:0032 A B:0000 L:9008 D
UPID
US38-0268870
Jurisdiction
MIDDLETON
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
M1 · Middleton, MA
Zoning M1 · permitted uses
M1 · Middleton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Middleton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$590,000
OFFICE BUILDING
Est. value
$930,000
AUTO REPAIR, GARAGE
Est. value
$865,000
RETAIL STORES
Est. value
$805,000
COMMERCIAL (GENERAL)
Est. value
$720,000
WAREHOUSE, STORAGE
Est. value
$510,000
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2008
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
1
Bathrooms
2
Current owner
From public records · entity-resolved
Ajootian Way LLC
Entity
Mailing address
9 SUNSET AVE, MEDFORD, MA 02155-5507
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2018
$499,000
Ajootian Way LLC
Rad RT
Quit Claim Arm's Length For Ne States
$208,000 · Bay Colony Dev Corp
Jun 23, 2014
—
Rad RT
—
Grant Deed
related
$200,000 · Community Cu/lynn
Jan 5, 2011
$435,000
Rad RT
Riverview Ind Park LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3 Ajootian Way, Unit D8?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
