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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Office buildings
31 Granite St, Milford, MA 01757-1695
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US38-0044404
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1930
Construction
FRAME
Total area
9,580 SF
Lot
0.93 ac (40,319 SF)
Zoning code
IA
APN
MILF M:41 B:000 L:435
UPID
US38-0044404
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
-
CDA Centerpoint Driving Academy Training Center Vocational School
-
Emmaty Solar Solar Energy Company
-
Rise & Shine Window Cleaning Inc General Contractor Renovation Specialist
-
Procaire LLC Production Facility
-
LKS Construction Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$599k
Blend (final)
Blend
$510k
Owner & transaction history
Perryman Realty LLC · 12 yrs held
Perryman Realty LLC
since 2013
5 recorded transactions
Zoning & alternative use
IA · Milford, 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 Milford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milford 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
$510k
Range $459k – $561k · ±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
$53 / 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
$13,158
Tax year 2024
Assessed value
$546,200
Assessed 2024
Previous assessed
$546,200
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed land
$208,900
Assessed improvement
$337,300
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1930
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
3
Units
7
Bathrooms
7
Total area
9,580 SF
Lot
0.93 ac (40,319 SF)
Zoning code
IA
APN
MILF M:41 B:000 L:435
UPID
US38-0044404
Jurisdiction
MILFORD
Zoning & alternative use
IA · Milford, MA
Zoning IA · permitted uses
IA · Milford, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
FRAME
Heating
FORCED AIR
Stories
3
Buildings
1
Units
7
Bathrooms
7
Lot
0.93 ac
Current owner
From public records · entity-resolved
Perryman Realty LLC
Entity
Mailing address
10 CEDAR ST, HOPKINTON, MA 01748-1222
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
Oct 30, 2013
$370,000
Perryman Realty LLC
Nice Enterprises INC
Quit Claim Deed
$277,500 · Middlesex Savings Bank
Jan 23, 2003
—
Nice Enterprises INC
—
Deed Of Trust
related
$230,000 · Sovereign Bank
Sep 6, 2002
$305,000
Nice Enterprises INC
Nces Realty LLP
Grant Deed
$228,750 · Middlesex Savings Bank
Jan 12, 1999
—
Nces Realty LLP
—
Deed Of Trust
related
$180,000 · Middlesex Savings Bank
Apr 28, 1998
$212,000
Nces Realty LLP
Sunrise Rlty
Grant Deed
$181,000 · Zenon Grzybowski
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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