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Property profile & analytics
FOR LEASE
Showrooms
31 Commercial St, Sharon, MA 02081
Entity Owned
4-yr Hold
Free & Clear
Property ID
US38-1816222
For Lease
1 / 2
$16,710,000
31 Commercial St, Sharon, MA 02081
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
101,171 SF
Lot
11.12 ac (484,387 SF)
Zoning code
LI
APN
SHAR M:076 B:011 L:000
UPID
US38-1816222
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
-
Staples Sharon Fleet Distribution Center
-
Zenith Warehouse Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$15.04M
Comparable Approach
Comparable
$15.39M
Blend (final)
Blend
$16.71M
Owner & transaction history
Qbl Ma 31 Commercial LLC · 4 yrs held
Qbl Ma 31 Commercial LLC
since 2022
Last sale
$19.4M
6 recorded transactions
Zoning & alternative use
LI · Sharon, 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 Sharon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sharon 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
$21,140,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$16,290,000
6.5%
$15,035,000
7%
$13,960,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$25,895,000
Current use
Blend value · Realmo final
$16.71M
Range $15.04M – $18.38M · ±10% · vs last sale $19.40M (Jan 5 2022)
Last sale anchor
$19.40M
Jan 5 2022
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
$165 / 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
$243,160
Tax year 2024
Assessed value
$13,831,600
Assessed 2024
Previous assessed
$11,721,700
+18.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$2,349,200
Assessed improvement
$11,482,400
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
2
Bathrooms
2
Total area
101,171 SF
Lot
11.12 ac (484,387 SF)
Zoning code
LI
APN
SHAR M:076 B:011 L:000
UPID
US38-1816222
Jurisdiction
SHARON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
LI · Sharon, MA
Zoning LI · permitted uses
LI · Sharon, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sharon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$25.9M
COMMERCIAL (GENERAL) Current
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
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
2
Bathrooms
2
Lot
11.12 ac
Current owner
From public records · entity-resolved
Qbl Ma 31 Commercial LLC
Entity
Free & Clear · 4 yrs held
Mailing address
13218 W BROWARD BLVD, PLANTATION, FL 33325-2228
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2022
—
Qbl Ma 31 Commercial LLC
—
Deed
related
$460,000,000 · Sumitomo Mitsui Banki
Jan 5, 2022
$19,400,000
Qbl Ma 31 Commercial LLC
Lrf1 Boston Logistics 1
Quit Claim Arm's Length For Ne States
—
Apr 9, 2020
—
Lrf 1 Boston Logistics 1
—
Deed
related
$17,149,485 · Pnc Bank NA
Aug 14, 2019
$11,200,000
Lrf 1 Boston Logistics 1
31 Coml Street LLC
Quit Claim Deed
—
Jun 1, 2004
—
31 Commercial Street LLC
—
Deed Of Trust
related
$4,875,000 · Principal Re Investor
Feb 19, 2004
$5,550,000
31 Commercial Street LLC
Longbrook Associates LP
Grant Deed
$4,000,000 · Citizens Bank Of Ma
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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