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Property profile & analytics
FOR SALE
Office buildings
308 Bay St, Taunton, MA 02780
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-0534351
For Sale
1 / 24
$1,250,000
308 Bay St, Taunton, MA 02780
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,626 SF
Lot
0.43 ac (18,731 SF)
Zoning code
3.33
APN
TAUN M:47 L:1 U:
UPID
US38-0534351
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
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
1877 Tpm Corp · 2 yrs held
1877 Tpm Corp
since 2023
Last sale
$400,000
7 recorded transactions
Zoning & alternative use
3.33 · Taunton, 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 Taunton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Taunton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$22,592
Tax year 2024
Assessed value
$921,000
Assessed 2024
Previous assessed
$840,300
+9.6% YoY
Effective rate
2.45%
On assessed value
Assessed land
$124,000
Assessed improvement
$797,000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
8,626 SF
Lot
0.43 ac (18,731 SF)
Zoning code
3.33
APN
TAUN M:47 L:1 U:
UPID
US38-0534351
Jurisdiction
TAUNTON
Zoning & alternative use
3.33 · Taunton, MA
Zoning 3.33 · permitted uses
3.33 · Taunton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Taunton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
1877 Tpm Corp
Entity
Mailing address
470 MYLES STANDISH BLVD, TAUNTON, MA 02780-7324
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2023
—
1877 Tpm Corp
Mechanics Coop Bank
Quit Claim Deed
related
—
Apr 29, 2022
—
Adnan Teraos
—
Deed
related
$242,000 · Mechanics Cooperative Bank
Jan 28, 2021
$400,000
Mechanice Cooperaties Bk
Koffler Gid Taunton LLC
Quit Claim Arm's Length For Ne States
—
Jan 31, 2013
—
Hawthorne Dev INC
—
Deed Of Trust
related
$191,800 · Mechanics Capital Bank
Nov 28, 2012
—
Court Ret Briggs
—
Deed Of Trust
related
$243,000 · Mechanics Capital Bank
Aug 31, 2012
$225,000
Lo 1877 Tpm Corp
Holt,timothy N
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Jun 21, 2012
—
Clarewood Homes INC
—
Grant Deed
related
$250,000 · Mechanics Capital Bank
Apr 27, 2012
—
Tlc Dev INC
—
Deed Of Trust
related
$55,000 · Big Red Properties LLC
Mar 30, 2012
—
Jose C Bejarano
—
Deed Of Trust
related
$318,000 · Mechanics Capital Bank
Feb 17, 2012
—
Willow Land Dev INC
—
Deed Of Trust
related
$240,000 · Mechanics Capital Bank
Dec 21, 2011
—
Anthony F Chaves
—
Deed Of Trust
related
$189,000 · Mechanics Capital Bank
Oct 17, 2011
—
John K Darosa
—
Deed Of Trust
related
$175,000 · Mechanics Capital Bank
Oct 5, 2011
—
Oscar Squared INC
—
Deed Of Trust
related
$157,500 · Mechanics Capital Bank
Sep 30, 2011
—
George Vasvatekis
—
Deed Of Trust
related
$96,500 · Mechanics Capital Bank
Sep 28, 2011
—
Levesque & Sons Props LLC
—
Deed Of Trust
related
$140,000 · Mechanics Capital Bank
Sep 16, 2011
—
Hastie Dev LLC
—
Deed Of Trust
related
$190,000 · Mechanics Capital Bank
Sep 8, 2011
—
Konstantinos Frangakis
—
Deed Of Trust
related
$136,000 · Mechanics Capital Bank
Jun 15, 2011
—
Rochelle Rocha
—
Deed Of Trust
related
$140,000 · Mechanics Capital Bank
May 31, 2011
—
Mta RT
—
Deed Of Trust
related
$191,250 · Mechanics Capital Bank
May 18, 2011
—
Willow Land Dev INC
—
Deed Of Trust
related
$230,000 · Mechanics Capital Bank
Dec 2, 1992
—
Brenda A Hebert
—
Deed Of Trust
related
$66,000 · Mechanics Capital Bank
Dec 27, 1989
—
Steven G Olsen
—
Deed Of Trust
related
$21,500 · Mechanics Capital Bank
Dec 19, 1989
—
David L Campbell
—
Deed Of Trust
related
$10,000 · Mechanics Capital 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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