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Property profile & analytics
FOR LEASE
Office buildings
35 Shawmut Rd, Canton, MA 02021
Entity Owned
4-yr Hold
Free & Clear
Property ID
US38-0839600
For Lease
1 / 2
$22,275,000
35 Shawmut Rd, Canton, MA 02021
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
58,968 SF
Lot
4.08 ac (177,725 SF)
Zoning code
LI
APN
CANT M:32 P:97
UPID
US38-0839600
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
-
Norfolk Probate and Family Court City Courthouse
-
Metro South Housing Court - Canton Session County Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$21.24M
Comparable Approach
Comparable
$21.95M
Blend (final)
Blend
$22.28M
Owner & transaction history
Canton Ma 1 Sgf LLC · 4 yrs held
Canton Ma 1 Sgf LLC
since 2021
Last sale
$25.3M
4 recorded transactions
Zoning & alternative use
LI · Canton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$25.3M
+51.9%
Auto repair, garage
$19.0M
+14.0%
Retail stores
$17.3M
+3.6%
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 Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canton 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%
$23,005,000
6.5%
$21,235,000
7%
$19,720,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$16,660,000
Current use
RESTAURANT
$25,310,000
Change: +52% · Conversion: Moderate
AUTO REPAIR, GARAGE
$18,990,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$17,265,000
Change: +4% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$16,940,000
Change: +2% · Conversion: Easy
COMMERCIAL (GENERAL)
$15,090,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$22.28M
Range $20.05M – $24.50M · ±10% · vs last sale $25.25M (Oct 1 2021)
Last sale anchor
$25.25M
Oct 1 2021
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
$378 / 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
$247,730
Tax year 2024
Assessed value
$11,910,100
Assessed 2024
Previous assessed
$11,910,100
+0.0% YoY
Effective rate
2.08%
On assessed value
Assessed land
$1,975,100
Assessed improvement
$9,935,000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Total area
58,968 SF
Lot
4.08 ac (177,725 SF)
Zoning code
LI
APN
CANT M:32 P:97
UPID
US38-0839600
Jurisdiction
CANTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
LI · Canton, MA
Zoning LI · permitted uses
LI · Canton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Canton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$16.7M
RESTAURANT
Est. value
$25.3M
AUTO REPAIR, GARAGE
Est. value
$19.0M
RETAIL STORES
Est. value
$17.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$16.9M
COMMERCIAL (GENERAL)
Est. value
$15.1M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Lot
4.08 ac
Current owner
From public records · entity-resolved
Canton Ma 1 Sgf LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1 N WACKER DR STE #4025, CHICAGO, IL 60606-2844
Ownership since
2021
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
Oct 1, 2021
$25,250,000
Canton Ma 1 Sgf LLC
Jc&smp Canton Owner LLC
Quit Claim Arm's Length For Ne States
—
Nov 22, 2016
$13,000,000
Jc&smp Canton Owner Ll
Canton Owner LLC
Quit Claim Arm's Length For Ne States
$10,570,000 · Cambridge Svgs Bk
Dec 19, 2013
$11,505,000
Canton Owner LLC
Campanelli Trigate Canton
Quit Claim Deed
$8,515,000 · Cambridge Savings Bank
Jan 21, 2011
$11,150,000
Campanelli Trigate LLC
Jms RT
Grant Deed
$8,350,000 · Cambridge 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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