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Property profile & analytics
OFF-MARKET
Estimated value
$5,220,000
Grocery and convenience stores
32 Bedford St Lexington, MA 02420
Individually Owned
25-yr Hold
~
Est. High Equity
Property ID
US38-1081381
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1965
Construction
STEEL FRAME
Total area
43,536 SF
Lot
4.05 ac (176,418 SF)
Zoning code
CRS
APN
LEXI M:0057 L:00014F
UPID
US38-1081381
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.22M
Owner & transaction history
Lcp Supermarkets · 25 yrs held
Lcp Supermarkets
since 2001
1 recorded transaction
Zoning & alternative use
CRS · Lexington, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
residential uses permitted in an underlying zoning district. 3. (Reserved) 4. Developments in the VO or VLO District may contain nonresidential uses on the street floor and basement to the extent permitted in either the CRS or CB Zoning District, except that: a. The following uses are not permitted: i. Medical clinic for outpatient services. ii. Motor vehicl…
Zone name
Retail Shopping
General category
COMMERCIAL
Zone area
38.45 ac
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 Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$120 / 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
$213,202
Tax year 2024
Assessed value
$8,810,000
Assessed 2024
Previous assessed
$8,386,000
+5.1% YoY
Effective rate
2.42%
On assessed value
Assessed land
$3,191,000
Assessed improvement
$5,619,000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1965
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
1
Total area
43,536 SF
Lot
4.05 ac (176,418 SF)
Zoning code
CRS
APN
LEXI M:0057 L:00014F
UPID
US38-1081381
Jurisdiction
LEXINGTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
CRS · Lexington, MAZoning CRS · permitted uses
CRS · Lexington, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
residential uses permitted in an underlying zoning district. 3. (Reserved) 4. Developments in the VO or VLO District may contain nonresidential uses on the street floor and basement to the extent permitted in either the CRS or CB Zoning District, except that: a. The following uses are not permitted: i. Medical clinic for outpatient services. ii. Motor vehicle sales or rental. iii. Sale of fuel, motor oil, or other motor vehicle parts or ac
Zone name
Retail Shopping
General category
COMMERCIAL
Zone area
38.45 ac
Building & site characteristics
From public records
Year built
1965
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
1
Lot
4.05 ac
Current owner
From public records · entity-resolved
Lcp Supermarkets
Individual
Mailing address
PO BOX 6500, CARLISLE, PA 17013-0902
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2001
$41,400
Lcp Supermarkets
Wjg RT
Grant Deed
$21,058,124 · Wells Fargo Mortgage
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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