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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Industrial properties
32 Spg St Medfield, MA 02052-2422
Entity Owned
8-yr Hold
Free & Clear
Property ID
US38-1646701
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1970
Construction
FRAME
Total area
3,418 SF
Lot
0.89 ac (38,816 SF)
Zoning code
BI
APN
MEDF M:0037 B:0000 L:0033
UPID
US38-1646701
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
$425k
CAP Approach
CAP
$560k
Comparable Approach
Comparable
$760k
Blend (final)
Blend
$565k
Owner & transaction history
32r Spring Street LLC · 8 yrs held
32r Spring Street LLC
since 2018
6 recorded transactions
Zoning & alternative use
BI · Medfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$875,000
+56.1%
Warehouse, storage
$590,000
+5.4%
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 Medfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Medfield 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
$425,000
CAP Approach
CAP Return
Estimation
6%
$605,000
6.5%
$560,000
7%
$520,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$560,000
Current use
COMMERCIAL (GENERAL)
$875,000
Change: +56% · Conversion: Difficult
WAREHOUSE, STORAGE
$590,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$565k
Range $509k – $622k · ±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
$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
$9,345
Tax year 2024
Assessed value
$638,300
Assessed 2024
Previous assessed
$638,300
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$338,000
Assessed improvement
$300,300
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1970
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Bathrooms
5
Total area
3,418 SF
Lot
0.89 ac (38,816 SF)
Zoning code
BI
APN
MEDF M:0037 B:0000 L:0033
UPID
US38-1646701
Jurisdiction
MEDFIELD
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
BI · Medfield, MA
Zoning BI · permitted uses
BI · Medfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Medfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$560,000
COMMERCIAL (GENERAL)
Est. value
$875,000
WAREHOUSE, STORAGE
Est. value
$590,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1970
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
5
Lot
0.89 ac
Current owner
From public records · entity-resolved
32r Spring Street LLC
Entity
Free & Clear · 8 yrs held
Mailing address
83 NN ST, MEDFIELD, MA 02052-1625
Ownership since
2018
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
Jan 12, 2018
$460,000
32r Spring Street LLC
Middlesex Sb|young & Sook Realty LLC
Foreclosure
—
Apr 13, 2009
$645,000
Young&sook Realty LLC
32-r Spring Street Nt
Grant Deed
$395,000 · Middlesex Savings Bank
Apr 13, 2009
—
Young&sook Realty LLC
—
Deed Of Trust
related
$316,000 · Middlesex Savings Bank
Jun 4, 1993
—
Richard P Ferri
—
Deed Of Trust
related
$150,000 · Bankboston Development Co LLC
May 25, 1990
—
Richard P Ferri
—
Deed Of Trust
related
$200,000 · Baybank Norfolk Cnty Tr
Mar 26, 1990
$150,000
Richard Ferri
Reid,james M
Grant Deed
$42,500 · 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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