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Property profile & analytics
FOR LEASE
Showrooms
340 Wood Rd Braintree, MA 02184
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0511222
For Lease
1 / 2
$15,390,000
340 Wood Rd, Braintree, MA 02184
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1982
Construction
STEEL FRAME
Total area
47,660 SF
Lot
4.31 ac (187,744 SF)
Zoning code
IND
APN
BRAI M:2053C B:0 L:1J
UPID
US38-0511222
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
-
Leonard Hair Transplant Associates Hair Salon
-
Blue Hills Dental Associates of Braintree Dental Office
-
Dr. Jonathan H. Brenner, MD Pediatrician Medical Clinic
-
Weisman Evan B MD Pediatrician Physician
-
Black Richard MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.45M
Blend (final)
Blend
$15.39M
Owner & transaction history
Chf 2 Braintree Mob LLC · 3 yrs held
Chf 2 Braintree Mob LLC
since 2022
Last sale
$15.3M
7 recorded transactions
Zoning & alternative use
IND · Braintree, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$20.5M
+67.7%
Auto repair, garage
$15.3M
+25.8%
Office building
$14.0M
+14.6%
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 Braintree submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Braintree 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
$16,615,000
ML approach
$10,040,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$12,200,000
Current use
RESTAURANT
$20,455,000
Change: +68% · Conversion: Difficult
AUTO REPAIR, GARAGE
$15,345,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$13,980,000
Change: +15% · Conversion: Easy
RETAIL STORES
$13,955,000
Change: +14% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$13,690,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$15.39M
Range $13.85M – $16.93M · ±10% · vs last sale $15.25M (Oct 21 2022)
Last sale anchor
$15.25M
Oct 21 2022
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
$323 / 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
$232,689
Tax year 2024
Assessed value
$11,490,800
Assessed 2024
Previous assessed
$11,490,800
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$4,881,300
Assessed improvement
$6,609,500
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1982
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
1
Rooms
3
Bathrooms
24
Total area
47,660 SF
Lot
4.31 ac (187,744 SF)
Zoning code
IND
APN
BRAI M:2053C B:0 L:1J
UPID
US38-0511222
Jurisdiction
BRAINTREE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
IND · Braintree, MA
Zoning IND · permitted uses
IND · Braintree, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Braintree. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$12.2M
RESTAURANT
Est. value
$20.5M
AUTO REPAIR, GARAGE
Est. value
$15.3M
OFFICE BUILDING
Est. value
$14.0M
RETAIL STORES
Est. value
$14.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$13.7M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1982
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
1
Rooms
3
Bathrooms
24
Lot
4.31 ac
Current owner
From public records · entity-resolved
Chf 2 Braintree Mob LLC
Entity
Mailing address
425 7TH ST NE, CHARLOTTESVILLE, VA 22902-4723
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2026
—
Chf II Braintree Mob LLC
—
Deed
related
$50,102,000 · First Citizen B&t Co
Oct 31, 2022
—
Chf 2 Braintree Mob LLC
—
Deed
related
$3,735,000 · Synovus Bank
Oct 21, 2022
$15,250,000
Chf 2 Braintree Mob LLC
340 Wood Road LLC
Quit Claim Arm's Length For Ne States
$3,735,000 · Synovus Bank
May 1, 2018
$11,550,000
340 Wood Road LLC
Wood Road RT
Quit Claim Arm's Length For Ne States
$8,500,000 · Cambridge Svgs Bk
Apr 26, 2013
—
Jumbo Capital Mgmt LLC
—
Deed Of Trust
related
$5,720,000 · Cambridge Savings Bank
Feb 21, 2013
$7,150,000
Jumbo Capital Mgmt LLC
Ig Blue Hills LLC
Grant Deed
related
—
Feb 2, 2011
$7,463,391
Ig Blue Hills LLC
340 Wood Road LLC
Grant Deed
—
Sep 30, 2008
—
340 Wood Road LLC
—
Deed Of Trust
related
$200,000 · Citizens Bank Of Ma
Jul 28, 2008
—
340 Wood Road LLC
—
Deed Of Trust
related
$1,500,000 · Rbs Citizens Bank NA
Jun 29, 2006
—
340 Wood Road LLC
—
Deed Of Trust
related
$200,000 · Citizens Bank Of Ma
Oct 5, 2004
—
340 Wood Road LLC
—
Deed Of Trust
related
$200,000 · Citizens Bank Of Ma
Jul 2, 2003
$4,051,500
340 Wood Road LLC
Capstone Capital Of Mass
Grant Deed
$3,360,000 · Citizens Bank Of Ma
Dec 23, 1997
$7,158,000
Capston Capital Of Ma
Blue Cross & Blue Shie
Grant Deed
related
—
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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