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Property profile & analytics
FOR LEASE
Commercial real estate
329 Oak St Pembroke, MA 02359
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-1900460
For Lease
1 / 2
$3,190,000
329 Oak St, Pembroke, MA 02359
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1986
Construction
FRAME
Total area
13,390 SF
Lot
6.13 ac (267,015 SF)
APN
PEMB M:F15 P:40
UPID
US38-1900460
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
$3.29M
CAP Approach
CAP
$1.99M
Comparable Approach
Comparable
$3.25M
Blend (final)
Blend
$3.19M
Owner & transaction history
Tomasi Nurseries LLC · 3 yrs held
Tomasi Nurseries LLC
since 2023
Last sale
$4.1M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.5M
+44.8%
Industrial (general)
$3.0M
+24.7%
Retail stores
$2.8M
+13.9%
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 Pembroke submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pembroke 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
$3,320,000
ML approach
$3,285,000
CAP Approach
CAP Return
Estimation
6%
$2,155,000
6.5%
$1,990,000
7%
$1,850,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,440,000
Current use
RESTAURANT
$3,530,000
Change: +45% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,040,000
Change: +25% · Conversion: Moderate
RETAIL STORES
$2,780,000
Change: +14% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,770,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$2,705,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$3.19M
Range $2.87M – $3.51M · ±10% · vs last sale $4.11M (Jun 22 2023)
Last sale anchor
$4.11M
Jun 22 2023
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
$238 / 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
$38,160
Tax year 2024
Assessed value
$3,172,100
Assessed 2024
Previous assessed
$3,172,100
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$2,160,800
Assessed improvement
$1,011,300
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1986
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
2
Units
2
Bathrooms
5
Total area
13,390 SF
Lot
6.13 ac (267,015 SF)
APN
PEMB M:F15 P:40
UPID
US38-1900460
Jurisdiction
PEMBROKE
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
COMMERCIAL (GENERAL) Current
Est. value
$2.4M
RESTAURANT
Est. value
$3.5M
INDUSTRIAL (GENERAL)
Est. value
$3.0M
RETAIL STORES
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.7M
COMMERCIAL (GENERAL) Current
RESTAURANT
INDUSTRIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
1986
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
2
Bathrooms
5
Lot
6.13 ac
Current owner
From public records · entity-resolved
Tomasi Nurseries LLC
Entity
Mailing address
329 OAK ST, PEMBROKE, MA 02359
Ownership since
2023
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
Jun 22, 2023
$4,110,000
Tomasi Nurseries LLC
Tomasi RT
Quit Claim Arm's Length For Ne States
$2,500,000 · Eastern Bank
Jun 22, 2023
—
Tomasi Nurseries LLC
—
Deed
related
$2,046,000 · Granite State Economic Development Corp
Mar 20, 2020
—
Tomasi RT
—
Deed
related
$1,400,000 · Coastal Heritage Bank
Apr 2, 2002
—
Tomasi RT
—
Deed Of Trust
related
$250,000 · Scituate Fsla
Feb 27, 1989
—
Tomasi RT
—
Deed Of Trust
related
$58,333 · Baybank Norfolk Cnty Tr
Mar 31, 1987
—
Tomasi RT
—
Deed Of Trust
related
$1,565,600 · Baybank Norfolk Cnty Tr
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
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