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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Auto shops
324 Main St Spencer, MA 01562-1841
Trust Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-0194467
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,712 SF
Lot
3.2 ac (139,392 SF)
APN
SPEN M:00U05 B:00003 L:00000
UPID
US38-0194467
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
-
Woody's Auto Body Auto Repair Shop
-
Audette's Towing & Roadside Assistance Tow Company Auto Repair Shop
-
CMA Appraisal Services Real Estate Agency
-
Kyle's Automotive Auto Repair Shop
-
Emerald Auto Sales Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$694k
Blend (final)
Blend
$685k
Owner & transaction history
324 Realty Trust · 9 yrs held
324 Realty Trust
since 2016
6 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 Spencer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spencer 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
$685k
Range $617k – $754k · ±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
$50 / 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
$6,115
Tax year 2024
Assessed value
$534,500
Assessed 2024
Previous assessed
$534,500
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$76,500
Assessed improvement
$458,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
2
Units
2
Bathrooms
2
Total area
13,712 SF
Lot
3.2 ac (139,392 SF)
APN
SPEN M:00U05 B:00003 L:00000
UPID
US38-0194467
Jurisdiction
SPENCER
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
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Buildings
1
Units
2
Bathrooms
2
Lot
3.2 ac
Current owner
From public records · entity-resolved
324 Realty Trust
Trust
Mailing address
19 SHERWOOD DR, SPENCER, MA 01562-2947
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2016
$538,000
324 Realty Trust
Gmr Holdings LLC
Quit Claim Deed
related
$528,000 · S J Gilmore Life Insu
Aug 4, 2008
$1
RT Ragsdale
Dominance Realty LLC
Grant Deed
related
—
Jul 30, 2008
$300,000
Gmr Holdings LLC
Dominance Rlty LLC
Grant Deed
$800,000 · Spencer Savings Bank Sla
Jul 30, 2008
—
Gmr Holdings LLC
—
Deed Of Trust
related
$800,000 · Spencer Savings Bank Sla
Jan 26, 2007
—
RT Ragsdale
—
Deed Of Trust
related
$500,000 · Spencer Savings Bank Sla
Feb 11, 2005
—
RT Ragsdale
—
Deed Of Trust
related
$500,000 · Spencer Savings Bank Sla
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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