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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Turn key restaurants
306 Main St Douglas, MA 01516-2292
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US38-1049766
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1830
Construction
FRAME
Total area
10,762 SF
Lot
0.71 ac (31,002 SF)
Zoning code
VB
APN
DOUG M:0163 B:0000094 L:
UPID
US38-1049766
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
-
Douglas Hair Designs Hair Salon Nail Salon
-
Grille on Main Restaurant & Bar Bar & Pub Restaurant
-
Thompson Hill Associates Construction Company
-
East Douglas Insurance Agency, Inc. Insurance Agency
-
Atlas ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$951k
Blend (final)
Blend
$930k
Owner & transaction history
K Rock Props LLC · 13 yrs held
K Rock Props LLC
since 2013
5 recorded transactions
Zoning & alternative use
VB · Douglas, 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 Douglas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Douglas 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
$930k
Range $837k – $1.02M · ±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
$86 / 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
$19,234
Tax year 2024
Assessed value
$1,422,600
Assessed 2024
Previous assessed
$1,422,600
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$126,400
Assessed improvement
$1,296,200
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1830
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
9
Bathrooms
4
Total area
10,762 SF
Lot
0.71 ac (31,002 SF)
Zoning code
VB
APN
DOUG M:0163 B:0000094 L:
UPID
US38-1049766
Jurisdiction
DOUGLAS
Zoning & alternative use
VB · Douglas, MA
Zoning VB · permitted uses
VB · Douglas, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Douglas. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1830
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
9
Bathrooms
4
Lot
0.71 ac
Current owner
From public records · entity-resolved
K Rock Props LLC
Entity
Mailing address
21 DAIRY DR, UPTON, MA 01568-1725
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2013
$500,000
K Rock Props LLC
Larocque,marc P
Grant Deed
$500,000 · Fitchburg Savings Bank
Feb 25, 2010
—
Marc P Larocque
—
Deed Of Trust
related
$490,000 · Fitchburg Savings Bank
Aug 31, 2006
$1
Kristen C Larocque
Larocque,marc P
Grant Deed
related
—
Sep 23, 2002
$438,136
Marc P Larocque
Allen,joseh J
Grant Deed
$600,000 · Flagship Bank & Trust
Apr 9, 2001
$625,000
Joseph J Allen
Main St Sq Co
Grant Deed
$475,000 · Country 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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