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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Showrooms
308 Main St Bellingham, MA 02019-2094
Trust Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-0880554
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1960
Construction
FRAME
Total area
6,233 SF
Lot
1.15 ac (50,094 SF)
APN
BELL M:0086 B:0012 L:0000
UPID
US38-0880554
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
-
MRD Landscaping & Lawn Care Landscaping
-
Perfecta Business Computer & Electronic Repair
-
Armed Citizen Supply CO. (Bike/Boat/Book/etc) Store
-
The | Bar Gym & Fitness Center
-
Streamline HD Studios Film Production Television Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$385k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$632k
Blend (final)
Blend
$580k
Owner & transaction history
Lolas Trust · 6 yrs held
Lolas Trust
since 2019
5 recorded transactions
Zoning & alternative use
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 Bellingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bellingham 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
$385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$93 / 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
$10,523
Tax year 2024
Assessed value
$568,200
Assessed 2024
Previous assessed
$568,200
+0.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$152,600
Assessed improvement
$415,600
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1960
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
4
Bathrooms
3
Total area
6,233 SF
Lot
1.15 ac (50,094 SF)
APN
BELL M:0086 B:0012 L:0000
UPID
US38-0880554
Jurisdiction
BELLINGHAM
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
4
Bathrooms
3
Lot
1.15 ac
Current owner
From public records · entity-resolved
Lolas Trust
Trust
Mailing address
12 DEER RUN RD, BELLINGHAM, MA 02019-2146
Ownership since
2019
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
Aug 1, 2019
$535,000
Lolas Trust
Padre Realty LLC
Quit Claim Deed
$270,000 · Rockland Tr
Feb 1, 2010
—
Padre Realty LLC
—
Deed Of Trust
related
$150,000 · Rockland Trust Co
Jan 6, 2006
—
Padre Realty LLC
—
Deed Of Trust
related
$335,000 · Ben Franklin Savings Bank
Jan 24, 2003
$365,000
Padre Realty LLC
F & S RT
Grant Deed
$292,000 · Middlesex Savings Bank
Jul 1, 1999
$149,900
Belland,robert F Tr
Coon,david G Tr
Grant Deed
$112,500 · Dedham Inst For Savings
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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