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Property profile & analytics
OFF-MARKET
Estimated value
$18,560,000
Manufacturing properties
30 Commerce Rd, Rockland, MA 02370-1053
Entity Owned
15-yr Hold
Free & Clear
Property ID
US38-0157862
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1985
Construction
STEEL FRAME
Total area
162,931 SF
Lot
4.5 ac (196,020 SF)
Zoning code
INDUST
APN
ROCK M:3 B:0 L:7
UPID
US38-0157862
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
-
3M Rockland Industrial Manufacturer Production Facility
-
Venture Tape Corporation Medical Supply Store
-
Invisible Patterns Inc Renovation Specialist General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.56M
Owner & transaction history
3m Co · 15 yrs held
3m Co
since 2010
7 recorded transactions
Zoning & alternative use
INDUST · Rockland, 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 Rockland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockland 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
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$29,670,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$18.56M
Range $16.70M – $20.42M · ±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
$114 / 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
$250,028
Tax year 2024
Assessed value
$17,782,900
Assessed 2024
Previous assessed
$15,305,900
+16.2% YoY
Effective rate
1.41%
On assessed value
Assessed land
$1,199,300
Assessed improvement
$16,583,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
NONE
Buildings
1
Total area
162,931 SF
Lot
4.5 ac (196,020 SF)
Zoning code
INDUST
APN
ROCK M:3 B:0 L:7
UPID
US38-0157862
Jurisdiction
ROCKLAND
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
INDUST · Rockland, MA
Zoning INDUST · permitted uses
INDUST · Rockland, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$29.7M
COMMERCIAL (GENERAL)
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
1985
Construction
STEEL FRAME
Heating
NONE
Buildings
1
Lot
4.5 ac
Current owner
From public records · entity-resolved
3m Co
Entity
Free & Clear · 15 yrs held
Mailing address
PO BOX 51049, FORT MYERS, FL 33994-1049
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2010
$8,000,000
3m Co
Prudent Venture T 1
Grant Deed
—
Nov 6, 2007
—
Venture T Prudent
—
Deed Of Trust
related
$5,700,000 · Danvers Savings Bank
Jul 19, 2004
—
Lewis S Cohen
—
Deed Of Trust
related
$4,160,000 · Citizens Bank Of Ma
Sep 17, 2003
$148,000
Venture T No 1 Prudent
Essex RT
Grant Deed
—
Mar 8, 2001
—
Venture T Prudent
—
Deed Of Trust
related
$900,000 · Citizens Bank Of Ma
Mar 7, 2001
—
Venture T Prudent
—
Deed Of Trust
related
$900,000 · Citizens Bank Of Ma
May 31, 2000
$34,581
Venture T Prudent
South Shore Industrial
Grant Deed
—
Apr 13, 2000
$165,419
Venture T 1 Prudent
S Shore Ind Park Corp
Grant Deed
—
May 27, 1999
—
Venture T Prudent
—
Deed Of Trust
related
$10,000,000 · Us Trust Co
Jul 19, 1993
—
Venture T 1 Prudent
—
Deed Of Trust
related
$800,000 · Us Trust Co
Jul 16, 1993
—
Venture T No 1 Prudent
—
Deed Of Trust
related
$800,000 · Us Trust Co
Apr 20, 1993
—
Venture T No 1 Prudent
—
Deed Of Trust
related
$6,000,000 · Us Trust Co
Apr 14, 1988
—
Prudent Venture Tr One
—
Deed Of Trust
related
$151,000 · Us Trust Co
Mar 18, 1987
—
Prudent Venture Tr No1
—
Deed Of Trust
related
$100,000 · Patriot Bank NA
Mar 17, 1987
—
Prudent Venture Tr I
—
Deed Of Trust
related
$100,000 · Patriot Bank NA
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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