New search
Property profile & analytics
FOR LEASE
Warehouses
35 Eastman St, South Easton, MA 02375
Entity Owned
4-yr Hold
Free & Clear
Property ID
US38-1919752
For Lease
1 / 2
$31,500,000
35 Eastman St, South Easton, MA 02375
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2011
Construction
STEEL FRAME
Total area
145,360 SF
Lot
11.8 ac (514,008 SF)
APN
EAST M:0010R B:0006 L:0000
UPID
US38-1919752
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
-
Sunco Inc General Contractor Renovation Specialist
-
HUB Technical Services Tech Support Center IT Consulting Firm
-
RevClick Advertising Agency Marketing & Advertising
-
Packaging Exchange Industrial Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$28.98M
Comparable Approach
Comparable
$27.62M
Blend (final)
Blend
$31.50M
Owner & transaction history
Bdpf 35 Eastman Owner LLC · 4 yrs held
Bdpf 35 Eastman Owner LLC
since 2022
Last sale
$34.7M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$34.0M
+77.0%
Auto repair, garage
$25.9M
+34.5%
Retail stores
$23.9M
+24.0%
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 South Easton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Easton 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%
$31,385,000
6.5%
$28,975,000
7%
$26,905,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$19,225,000
Current use
RESTAURANT
$34,020,000
Change: +77% · Conversion: Difficult
AUTO REPAIR, GARAGE
$25,865,000
Change: +35% · Conversion: Easy
RETAIL STORES
$23,850,000
Change: +24% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$23,270,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$22,205,000
Change: +16% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$22,200,000
Change: +15% · Conversion: Moderate
COMMERCIAL (GENERAL)
$21,655,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$31.50M
Range $28.35M – $34.65M · ±10% · vs last sale $34.70M (Jan 11 2022)
Last sale anchor
$34.70M
Jan 11 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
$217 / 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
$257,621
Tax year 2024
Assessed value
$15,708,600
Assessed 2024
Previous assessed
$15,985,600
-1.7% YoY
Effective rate
1.64%
On assessed value
Assessed land
$2,000,300
Assessed improvement
$13,708,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
2011
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
145,360 SF
Lot
11.8 ac (514,008 SF)
APN
EAST M:0010R B:0006 L:0000
UPID
US38-1919752
Jurisdiction
EASTON
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
WAREHOUSE, STORAGE Current
Est. value
$19.2M
RESTAURANT
Est. value
$34.0M
AUTO REPAIR, GARAGE
Est. value
$25.9M
RETAIL STORES
Est. value
$23.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$23.3M
OFFICE BUILDING
Est. value
$22.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$22.2M
COMMERCIAL (GENERAL)
Est. value
$21.7M
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
2011
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
11.8 ac
Current owner
From public records · entity-resolved
Bdpf 35 Eastman Owner LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 11, 2022
$34,700,000
Bdpf 35 Eastman Owner LLC
35 Eastman St LLC
Quit Claim Arm's Length For Ne States
—
Sep 7, 2021
$17,000,000
35 Eastman St LLC
Sun T
Quit Claim Arm's Length For Ne States
$14,231,762 · Harborone Bank
May 21, 2018
—
Sun T
—
Deed
related
$2,200,000 · North Easton Savings Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
