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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Commercial real estate
350 Vlg St, Millis, MA 02054-1734
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US38-0367431
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1928
Construction
FRAME
Total area
5,368 SF
Lot
0.78 ac (33,977 SF)
APN
MILL M:043 B:0000056
UPID
US38-0367431
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
-
Woodside Montessori Academy High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$800k
Comparable Approach
Comparable
$832k
Blend (final)
Blend
$745k
Owner & transaction history
350 Village Street RT · 17 yrs held
350 Village Street RT
since 2009
7 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 Millis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Millis 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%
$865,000
6.5%
$800,000
7%
$740,000
Blend value · Realmo final
$745k
Range $671k – $820k · ±10%
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
$139 / 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
$11,561
Tax year 2024
Assessed value
$704,100
Assessed 2024
Previous assessed
$704,100
+0.0% YoY
Effective rate
1.64%
On assessed value
Assessed land
$148,100
Assessed improvement
$556,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Off-Market
Year built
1928
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
5
Total area
5,368 SF
Lot
0.78 ac (33,977 SF)
APN
MILL M:043 B:0000056
UPID
US38-0367431
Jurisdiction
MILLIS
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
Building & site characteristics
From public records
Year built
1928
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
5
Lot
0.78 ac
Current owner
From public records · entity-resolved
350 Village Street RT
Individual
Mailing address
350 VLG ST, MILLIS, MA 02054-1734
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2018
—
350 Village Street RT
—
Deed
related
$700,000 · Needham Cooperative Bank
Apr 12, 2012
—
350 Village RT
—
Deed Of Trust
related
$30,000 · South Eastern Econ Dev Corp
May 6, 2009
$1
350 Village Street RT
Sikh Dharma Of Mass INC
Grant Deed
—
May 6, 2009
—
350 Village Street RT
—
Deed Of Trust
related
$165,000 · South Eastern Econ Dev Corp
Feb 12, 2009
$450,000
350 Village Street RT
Sikh Dharma Of Mass INC
Grant Deed
$225,000 · Strata Bank
Feb 12, 2009
—
350 Village Street RT
—
Deed Of Trust
related
$157,500 · Strata Bank
Nov 22, 2004
—
Sikh Dharma Of Mass INC
—
Deed Of Trust
related
$887,000 · Citizens Bank Of Ma
May 27, 1998
$210,000
Sikh Dharma Of Ma
Khalsa,ravi K
Grant Deed
$168,000 · Citizens Bank Of Ma
May 16, 1997
—
T 2 Hnksr
—
Deed Of Trust
related
$100,000 · Cambridge Trust Co
Oct 24, 1991
$200,000
Ravi K Khalsa
Sikh Dharma Of Mass
Grant Deed
$150,000 · Shawmut Bank Of Boston
Oct 24, 1991
—
Ravi K Khalsa
—
Deed Of Trust
related
$22,500 · Shawmut Bank Of Boston
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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