New search
Property profile & analytics
OFF-MARKET
Estimated value
$8,460,000
Warehouses
3 Nemco Way, Ayer, MA 01432-1539
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US38-1015710
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1988
Total area
115,352 SF
Lot
6.78 ac (295,337 SF)
Zoning code
I
APN
AYER M:008 B:0000 L:0019
UPID
US38-1015710
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
-
Catania Oils Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.40M
Blend (final)
Blend
$8.46M
Owner & transaction history
3 Nemco Realty Corp · 12 yrs held
3 Nemco Realty Corp
since 2013
6 recorded transactions
Zoning & alternative use
I · Ayer, 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 Ayer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ayer 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.46M
Range $7.61M – $9.31M · ±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
$73 / 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
$161,055
Tax year 2024
Assessed value
$5,882,200
Assessed 2024
Previous assessed
$5,640,500
+4.3% YoY
Effective rate
2.74%
On assessed value
Assessed land
$813,500
Assessed improvement
$5,068,700
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Heating
NONE
Total area
115,352 SF
Lot
6.78 ac (295,337 SF)
Zoning code
I
APN
AYER M:008 B:0000 L:0019
UPID
US38-1015710
Jurisdiction
AYER
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
I · Ayer, MA
Zoning I · permitted uses
I · Ayer, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ayer. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Lot
6.78 ac
Current owner
From public records · entity-resolved
3 Nemco Realty Corp
Entity
Mailing address
3 NEMCO WAY, AYER, MA 01432-1539
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2013
$4,600,000
3 Nemco Realty Corp
3 Nemco Way Pfg LLC
Quit Claim Arm's Length For Ne States
$1,000,000 · Santander Bk NA
Jun 17, 2002
$5,100,000
3 Nemco Way Pfg LLC
100 Tcd Assoc LP
Grant Deed
related
—
Mar 16, 1999
$4,175,000
Nemco LP
John Hancock Life Ins
Grant Deed
related
$3,000,000 · Boston Private Bank
Jun 1, 1994
$3,311,000
John Hancock Life Ins
Nemco Way LP
Grant Deed
related
—
Jul 31, 1990
—
Nemco Way LP
—
Deed Of Trust
related
$4,000,000 · John Hancock Mutual Life Ins
—
—
3 Nemco Rlty Corp
—
Deed Of Trust
related
$3,572,667 · Bank Of America
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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