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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Commercial real estate
38 Littleton Rd Ayer, MA 01432-1765
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US38-0523755
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
6,577 SF
Lot
0.94 ac (40,946 SF)
Zoning code
GB
APN
AYER M:035 B:0000 L:0014
UPID
US38-0523755
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
-
Gage Cannabis Co. (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$969k
Blend (final)
Blend
$955k
Owner & transaction history
Littleton Road Realty INC · 8 yrs held
Littleton Road Realty INC
since 2018
7 recorded transactions
Zoning & alternative use
GB · Ayer, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.5M
+70.2%
Office building
$1.4M
+61.7%
Industrial (general)
$1.0M
+13.4%
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 Ayer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ayer 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$890,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,515,000
Change: +70% · Conversion: Moderate
OFFICE BUILDING
$1,440,000
Change: +62% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,010,000
Change: +13% · Conversion: Moderate
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±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
$145 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$25,534
Tax year 2022
Assessed value
$954,200
Assessed 2024
Previous assessed
$944,000
+1.1% YoY
Effective rate
2.68%
On assessed value
Assessed land
$199,300
Assessed improvement
$754,900
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Buildings
2
Total area
6,577 SF
Lot
0.94 ac (40,946 SF)
Zoning code
GB
APN
AYER M:035 B:0000 L:0014
UPID
US38-0523755
Jurisdiction
AYER
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
GB · Ayer, MA
Zoning GB · permitted uses
GB · Ayer, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ayer. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$890,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
INDUSTRIAL (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
Heating
NONE
Buildings
2
Lot
0.94 ac
Current owner
From public records · entity-resolved
Littleton Road Realty INC
Entity
Mailing address
38 LITTLETON RD, AYER, MA 01432-1765
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2018
$930,000
Littleton Road Realty INC
Mango Grill INC
Quit Claim Deed
$627,750 · Mango Grill INC
Jul 8, 2005
$1,643,000
Mango Grill INC
Autumn Wood RT
Grant Deed
$1,200,000 · Hudson Savings Bank
May 5, 2004
—
Autumn Wood RT
—
Deed Of Trust
related
$250,000 · Hudson Savings Bank
Feb 20, 2004
—
Autumn Wood RT
—
Deed Of Trust
related
$335,000 · Hudson Savings Bank
Feb 5, 2002
—
Autumn Wood RT
—
Deed Of Trust
related
$807,218 · Community National Bank
Jan 4, 2000
—
Autumn Wood RT
—
Deed Of Trust
related
$740,000 · Community Bank NA
Apr 23, 1999
$550,000
Autumn Wood RT
B&d 38 Littleton Rd T
Grant Deed
$440,000 · Community Bank NA
May 13, 1993
$245,000
Rod T Avon
Fdic
Grant Deed
$125,000 · Enterprise Bank & Trust
Oct 8, 1987
$300,000
Lowell Inst For Savs
38 Littleton Rd
Grant Deed
—
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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