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Property profile & analytics
OFF-MARKET
Estimated value
$7,105,000
Manufacturing properties
35 Scotland Blvd Bridgewater, MA 02324-2302
Entity Owned
3-yr Hold
Free & Clear
Property ID
US38-1413424
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1981
Construction
STEEL FRAME
Total area
52,500 SF
Lot
5.88 ac (256,307 SF)
APN
BRID M:059 L:004
UPID
US38-1413424
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
$6.87M
CAP Approach
CAP
$8.59M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.11M
Owner & transaction history
Npssa 35 Scotland LLC · 3 yrs held
Npssa 35 Scotland LLC
since 2022
Last sale
$7.0M
4 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 Bridgewater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bridgewater 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
$6,080,000
ML approach
$6,865,000
CAP Approach
CAP Return
Estimation
6%
$9,305,000
6.5%
$8,590,000
7%
$7,980,000
Alternative Use
Use
Estimation
RETAIL STORES
$10,890,000
Change: -9% · Conversion: Moderate
AUTO REPAIR, GARAGE
$10,855,000
Change: -9% · Conversion: Easy
OFFICE BUILDING
$10,605,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$7.11M
Range $6.39M – $7.82M · ±10% · vs last sale $7.00M (Aug 19 2022)
Last sale anchor
$7.00M
Aug 19 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
$135 / 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
$81,427
Tax year 2024
Assessed value
$6,707,300
Assessed 2024
Previous assessed
$6,707,300
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$1,114,800
Assessed improvement
$5,592,500
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1981
Construction
STEEL FRAME
Heating
GAS
Cooling
YES
Buildings
1
Stories
1
Total area
52,500 SF
Lot
5.88 ac (256,307 SF)
APN
BRID M:059 L:004
UPID
US38-1413424
Jurisdiction
BRIDGEWATER
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
RETAIL STORES
Est. value
$10.9M
AUTO REPAIR, GARAGE
Est. value
$10.9M
OFFICE BUILDING
Est. value
$10.6M
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
1981
Construction
STEEL FRAME
Heating
GAS
Cooling
Yes
Stories
1
Buildings
1
Lot
5.88 ac
Current owner
From public records · entity-resolved
Npssa 35 Scotland LLC
Entity
Free & Clear · 3 yrs held
Mailing address
30 SPEEN ST, FRAMINGHAM, MA 01701-4291
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2022
$7,000,000
Npssa 35 Scotland LLC
35 Scotland Boulevard LLC
Quit Claim Arm's Length For Ne States
—
Aug 19, 2022
—
35 Scotland LLC
Scotland RT
Correction Deed
related
$145,100,000 · Truist Bank
Oct 12, 2011
$1
35 Scotland Boulevard LLC
Scotland High-stock T
Grant Deed
—
Nov 28, 1990
—
T RT
—
Deed Of Trust
related
$1,500,000 · Bristol County 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.
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