Entity Owned Property summary
AI-generated overview
The property at 3 Stanley Tucker Drive in Newburyport, Massachusetts is an industrial building within the Newburyport Industrial Park. It is configured for distribution and includes two 12-foot-high drive-in doors, a warehouse area with 22-foot clear height, and office-support space comprising nine private offices, a board room, a fitness room, and a kitchenette. The property is supported by site plan approvals for a warehouse expansion of approximately 9,800 square feet, which were granted and had a validity period extending to September 22, 2023. The industrial park is located near the edge of the Newbury Marshes and provides access to major routes including I-95, I-495, and Route 1, with the Newburyport/Rockport MBTA commuter rail line from Boston’s North Station terminating within the industrial park.
Property profile
Verified
Property type
Other industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1998
Construction
STEEL FRAME
Total area
14,696 SF
Lot
2.36 ac (102,802 SF)
APN
NEWP M:0082A B:0005 L:0000
UPID
US38-1241166
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.78M
CAP Approach
CAP
$2.41M
Comparable Approach
Comparable
$2.80M
Blend (final)
Blend
$2.84M
Owner & transaction history
since 2023
Last sale
$2.9M
4 recorded transactions
Zoning & alternative use
Top alternative use upside
Apartment house (5+ units)
$4.7M
+39.5%
Auto repair, garage
$3.5M
+4.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.84M
Value range
$2.55M – $3.12M
±10% around blend
Estimated value / SF
$193 / SF
Confidence
Property data
88
Market benchmarks
100
Comparable evidence
60
$2.55M
blend $2.84M
$3.12M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
14,696 SF
Lot area
2.36 ac
Year built
1998
Stories
1
APN
NEWP M:0082A B:0005 L:0000
Assessed value
$1,547,400
Annual tax
$15,428
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.41M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.61M
@ 6.5% CAP return
$2.41M
@ 7% CAP return
$2.24M
4
Sales comparison
Partial preview
Sales approach indication
$2.80M
Range $2.80M – $4.56M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.84M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 32 sales
$229
-16%
Submarket 31 sales
$230
-16%
County 211 sales
$164
+18%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $193/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Apartment House (5+ Units)
Gross theoretical uplift
+39%
vs current-use indication
Auto Repair, Garage
Industrial (general) · current use
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
5.50%
Implied, in-place cap rate for this other industrial properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.50%
9.0%
NOI (est.)
$203k *
Last sale · Mar 2023
$2.90M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.69M
Move the market yield to see immediate price impact.
Value / SF
$251
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%5.50%6.00%
$183k
$3.65M
$3.32M
$3.05M
$203k
$4.06M
$3.69M
$3.38M
$223k
$4.47M
$4.06M
$3.72M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$15,428
Tax year 2024
Assessed value
$1,547,400
Assessed 2024
Previous assessed
$1,406,600
+10.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$245,000
Assessed improvement
$1,302,400
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1998
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
14,696 SF
Lot
2.36 ac (102,802 SF)
APN
NEWP M:0082A B:0005 L:0000
UPID
US38-1241166
Jurisdiction
NEWBURYPORT
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
2.36 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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