Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Auto shops
377 Worcester Rd Charlton, MA 01507-1503
Individually Owned
5-yr Hold
Free & Clear
Property ID
US38-1790387
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1987
Construction
STEEL FRAME
Total area
6,000 SF
Lot
1.23 ac (53,601 SF)
Zoning code
CB
APN
CHAR M:0037 B:000A L:0000009
UPID
US38-1790387
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
-
Hi-Tech Mobile Wash of Worcester Landscaping General Contractor
-
One Stop Auto Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$826k
Blend (final)
Blend
$605k
Owner & transaction history
Eric S Familia · 5 yrs held
Eric S Familia
since 2020
Last sale
$475,000
7 recorded transactions
Zoning & alternative use
CB · Charlton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ans of a site plan review and approval. N An excluded or prohibited use SP A use permitted under special permit granted by the Planning Board B. Use Regulation Schedule. Districts Principal Uses A or R-60 R-40 R-SE NB V CB IG BEP (1) Agricultural, Floriculture and Horticultural Uses [Amended ] (a) Raising and keeping of livestock, including but not limited t…
Zone name
Community Business
General category
COMMERCIAL
Zone area
24.16 ac
Top alternative use upside
Retail stores
$940,000
+2.3%
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 Charlton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charlton 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
$700,000
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$920,000
Current use
RETAIL STORES
$940,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$815,000
Change: -11% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$755,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $475k (Dec 3 2020)
Last sale anchor
$475k
Dec 3 2020
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
$101 / 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
$6,762
Tax year 2024
Assessed value
$596,300
Assessed 2024
Previous assessed
$596,300
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$234,900
Assessed improvement
$361,400
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Stories
1
Units
3
Bathrooms
3
Total area
6,000 SF
Lot
1.23 ac (53,601 SF)
Zoning code
CB
APN
CHAR M:0037 B:000A L:0000009
UPID
US38-1790387
Jurisdiction
CHARLTON
Zoning & alternative use
CB · Charlton, MAZoning CB · permitted uses
CB · Charlton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ans of a site plan review and approval. N An excluded or prohibited use SP A use permitted under special permit granted by the Planning Board B. Use Regulation Schedule. Districts Principal Uses A or R-60 R-40 R-SE NB V CB IG BEP (1) Agricultural, Floriculture and Horticultural Uses [Amended ] (a) Raising and keeping of livestock, including but not limited to horses, cattle, sheep, goats, swine, fur animals and poultry, on a parcel over f
Zone name
Community Business
General category
COMMERCIAL
Zone area
24.16 ac
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$920,000
RETAIL STORES
Est. value
$940,000
OFFICE BUILDING
Est. value
$815,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$755,000
AUTO REPAIR, GARAGE Current
RETAIL STORES
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1987
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
1
Units
3
Bathrooms
3
Lot
1.23 ac
Current owner
From public records · entity-resolved
Eric S Familia
Individual
Free & Clear · 5 yrs held
Mailing address
30 HOLMES RD, NEWINGTON, CT 06111-1708
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2020
$365,000
Eric S Familia
Wayne S Frigon
Quit Claim Deed
—
Nov 13, 2020
$380,000
Metro Hms Re LLC
Rp 3 Mgmt LLC
Quit Claim Deed
$240,000 · Rp 3 Mgmt LLC
Jul 31, 2006
$475,000
Rp 3 Mgmt LLC
Paquette,arthur J
Grant Deed
$356,000 · Southbridge Savings Bank
Sep 1, 2004
$350,000
Arthur J Paquette
Markey,ernest H JR
Grant Deed
—
Dec 16, 1999
—
Ernest H Markey JR.
—
Deed Of Trust
related
$270,000 · Savers Coop Bank
May 22, 1996
$330,000
Ernest Markey JR.
Mattress,william
Grant Deed
$250,000 · Zenon Grzybowski
Sep 23, 1987
—
William Mattress
—
Deed Of Trust
related
$75,000 · Zwi Kohorn
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?”
You own 377 Worcester Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
