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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Showrooms
3 Jerome Ave, Auburn, MA 01501-2619
Entity Owned
2-yr Hold
Property ID
US38-2363792
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2018
Construction
STEEL FRAME
Total area
4,400 SF
Lot
0.53 ac (22,935 SF)
APN
AUBU M:0001 L:0028
UPID
US38-2363792
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
-
Northeast TRP Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
$610k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$750k
Owner & transaction history
A3b Properties LLC · 2 yrs held
A3b Properties LLC
since 2024
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$690,000
+42.6%
Auto repair, garage
$675,000
+39.4%
Office building
$600,000
+23.6%
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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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
$750,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
$660,000
6.5%
$610,000
7%
$565,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$485,000
Current use
RETAIL STORES
$690,000
Change: +43% · Conversion: Easy
AUTO REPAIR, GARAGE
$675,000
Change: +39% · Conversion: Difficult
OFFICE BUILDING
$600,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$555,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (May 24 2024)
Last sale anchor
$750k
May 24 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
$170 / 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
$6,435
Tax year 2024
Assessed value
$382,800
Assessed 2024
Previous assessed
$382,800
+0.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$170,900
Assessed improvement
$211,900
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2018
Construction
STEEL FRAME
Heating
NONE
Buildings
1
Stories
1
Units
1
Rooms
10
Bathrooms
2
Total area
4,400 SF
Lot
0.53 ac (22,935 SF)
APN
AUBU M:0001 L:0028
UPID
US38-2363792
Jurisdiction
AUBURN
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
$485,000
RETAIL STORES
Est. value
$690,000
AUTO REPAIR, GARAGE
Est. value
$675,000
OFFICE BUILDING
Est. value
$600,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$555,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
2018
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
1
Units
1
Rooms
10
Bathrooms
2
Lot
0.53 ac
Current owner
From public records · entity-resolved
A3b Properties LLC
Entity
Mailing address
3 JEROME AVE, AUBURN, MA 01501-2619
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2024
$750,000
A3b Properties LLC
Twohawks LLC
Correction Deed
related
$600,000 · Hometown Bank
Apr 26, 2024
$750,000
A3b Properties LLC
Twohawks LLC
Quit Claim Arm's Length For Ne States
—
Jan 31, 2020
—
Twohawks LLC
—
Deed
related
$350,000 · Webster First Federal Credit Union
Oct 11, 2017
—
Twohawks LLC
—
Deed
related
$282,000 · Millbury Savings Bank
Sep 29, 2017
—
2 Hawks LLC
Sparhawk Realty LLC
Quit Claim Deed
related
—
Sep 22, 2014
$155,000
Sparhawk Rlty LLC
Allworth LLC
Quit Claim Deed
—
Oct 18, 2012
$100,000
Allworth LLC
Grampetro,sheila-lyn
Grant Deed
—
Mar 28, 2007
—
Michael A Grampetro
—
Deed Of Trust
related
$228,000 · Washington Mutual Bank
Mar 12, 2007
—
Michael A Grampetro
—
Deed Of Trust
related
$228,000 · Northside Mortgage Group
Feb 6, 2002
—
Michael A Grampetro
—
Deed Of Trust
related
$176,000 · Drew Mortgage Assoc INC
Sep 27, 2000
—
Michael A Grampetro
—
Deed Of Trust
related
$63,400 · Household Finance Corp
Nov 23, 1999
—
Sheila Lyn Grampetro
—
Deed Of Trust
related
$21,400 · Fleet National Bank
Aug 26, 1998
—
Micahel A Grampetro
—
Deed Of Trust
related
$101,250 · Drew Mortgage Assoc INC
Dec 15, 1997
—
Michael A Grampetro
—
Deed Of Trust
related
$16,000 · Rmc Acquisition Corp
Sep 29, 1997
—
Michael A Grampetro
—
Deed Of Trust
related
$102,400 · Drew Mortgage Assoc INC
Jul 28, 1994
$100,000
Michael A Grampetro
Jaroszuk,kevin
Grant Deed
$80,000 · Drew Mortgage Assoc INC
Jul 13, 1987
—
Mary B Jaroszuk
—
Deed Of Trust
related
$15,000 · Savers Coop Bank
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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