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Property profile & analytics
OFF-MARKET
Estimated value
$10,335,000
Industrial properties
310 Kenneth Welch Dr 5 Lakeville, MA 02347-1360
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US38-0891966
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1993
Construction
STEEL FRAME
Total area
85,000 SF
Lot
13.07 ac (569,198 SF)
APN
LAKE M:00061 B:0002 L:003-5
UPID
US38-0891966
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.91M
Comparable Approach
Comparable
$7.10M
Blend (final)
Blend
$10.34M
Owner & transaction history
Tac Vega Ma Owner LLC · 4 yrs held
Tac Vega Ma Owner LLC
since 2022
7 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 Lakeville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakeville 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%
$15,070,000
6.5%
$13,910,000
7%
$12,915,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$17,170,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$10.34M
Range $9.30M – $11.37M · ±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
$122 / 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
$61,427
Tax year 2024
Assessed value
$5,822,500
Assessed 2024
Previous assessed
$5,822,500
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed improvement
$5,822,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1993
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Bathrooms
8
Total area
85,000 SF
Lot
13.07 ac (569,198 SF)
APN
LAKE M:00061 B:0002 L:003-5
UPID
US38-0891966
Jurisdiction
LAKEVILLE
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$17.2M
OFFICE BUILDING
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
1993
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
8
Lot
13.07 ac
Current owner
From public records · entity-resolved
Tac Vega Ma Owner LLC
Entity
Mailing address
3565 PIEDMONT RD NE, ATLANTA, GA 30305-8202
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2022
$25,900,000
Tac Vega Ma Owner LLC
Css 1 LLC
Quit Claim Arm's Length For Ne States
$16,835,000 · East West Bank
Mar 21, 2014
—
Css 1 LLC
—
Deed Of Trust
related
$170,000 · John Younis
Jul 9, 2013
—
Css 1 LLC
—
Deed Of Trust
related
$500,000 · 310 Kw LLC
Jun 19, 2013
—
Css 1 LLC
—
Deed Of Trust
related
$775,000 · Rockland Trust Co
Apr 23, 2013
—
Css 1 LLC
—
Deed Of Trust
related
$450,000 · Rockland Trust Co
Nov 16, 2012
$9,066,482
Css 1 LLC
Stag 2 Lakeville LLC
Grant Deed
$7,050,000 · Rockland Trust Co
Nov 16, 2012
—
Css 1 LLC
—
Deed Of Trust
related
$450,000 · Rockland Trust Co
Oct 25, 2006
$9,300,000
Stag Lakeville LLC
Thompson RT
Grant Deed
$7,200,000 · Zuckerman Family Nomi
Oct 25, 2006
$1
Thompson RT
Rockland Trust Co
Grant Deed
—
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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