New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Retail space
317 Un St, Franklin, MA 02038-2435
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US38-0646050
Property summary
AI-generated overview
This 11,270 square foot, single-story Class C warehouse located at 317 Union Street in Franklin, MA, offers a fantastic opportunity for retail businesses. Built in 1955, the property sits on 0.63 acres of land and features 3,200 square feet of immediately available space within a multi-tenant building. The building boasts a total of 18 parking spaces, providing ample parking for customers and employees. The property's versatile subtype includes warehouse, office, convenience, and grocery uses, making it suitable for a variety of businesses. Its prime location on Union Street in Franklin, MA (zip code 02038) ensures high visibility and accessibility. The property does not include elevators. This is an excellent opportunity to establish or expand your business in a thriving Franklin community. The available space presents a unique chance to capitalize on a high-traffic location with significant potential for growth. Contact us today to learn more about this exceptional retail warehouse opportunity.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1955
Construction
FRAME
Total area
10,550 SF
Lot
0.63 ac (27,582 SF)
APN
FRAN M:287 L:072
UPID
US38-0646050
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
-
Union Street Wines & Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$1.40M
Owner & transaction history
317 Union Street LLC · 10 yrs held
317 Union Street LLC
since 2016
3 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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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
$1.40M
Range $1.26M – $1.53M · ±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
$132 / 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
$14,272
Tax year 2024
Assessed value
$1,210,500
Assessed 2024
Previous assessed
$1,210,500
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$382,200
Assessed improvement
$828,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1955
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
1
Units
2
Bathrooms
6
Total area
10,550 SF
Lot
0.63 ac (27,582 SF)
APN
FRAN M:287 L:072
UPID
US38-0646050
Jurisdiction
FRANKLIN
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
1955
Construction
FRAME
Heating
HOT WATER
Stories
1
Buildings
1
Units
2
Bathrooms
6
Lot
0.63 ac
Current owner
From public records · entity-resolved
317 Union Street LLC
Entity
Mailing address
455 BEDFORD ST, BRIDGEWATER, MA 02324-3115
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2016
$875,000
317 Union Street LLC
M C Unionm Street Trust
Quit Claim Deed
$700,000 · Rockland Tr
Dec 30, 1988
$550,000
Corey Finkelstein
Mackay,donna J Tr
Grant Deed
$440,000 · Dedham Inst For Savings
Aug 25, 1988
$625,000
John R Dean Tr
Daddario,john L
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 317 Un St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
