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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Auto shops
38 Washington St, Plainville, MA 02762-2641
Individually Owned
25-yr Hold
Free & Clear
Property ID
US38-0825205
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2001
Construction
CONCRETE
Total area
13,120 SF
Lot
3.06 ac (133,294 SF)
Zoning code
CB
APN
PLAI M:11A L:200
UPID
US38-0825205
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
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$924k
Blend (final)
Blend
$770k
Owner & transaction history
Frank Ferreira Ret JR. · 25 yrs held
Frank Ferreira Ret JR.
since 2001
7 recorded transactions
Zoning & alternative use
CB · Plainville, MA
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 Plainville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plainville 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
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$770k
Range $693k – $847k · ±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
$59 / 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
$23,863
Tax year 2024
Assessed value
$1,270,000
Assessed 2024
Previous assessed
$1,270,000
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$428,100
Assessed improvement
$841,900
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2001
Construction
CONCRETE
Heating
SPACE
Buildings
1
Stories
1
Units
1
Rooms
8
Bathrooms
5
Total area
13,120 SF
Lot
3.06 ac (133,294 SF)
Zoning code
CB
APN
PLAI M:11A L:200
UPID
US38-0825205
Jurisdiction
PLAINVILLE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
CB · Plainville, MA
Zoning CB · permitted uses
CB · Plainville, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plainville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Construction
CONCRETE
Heating
SPACE
Stories
1
Buildings
1
Units
1
Rooms
8
Bathrooms
5
Lot
3.06 ac
Current owner
From public records · entity-resolved
Frank Ferreira Ret JR.
Individual
Free & Clear · 25 yrs held
Mailing address
38 WASHINGTON ST, PLAINVILLE, MA 02762-2641
Ownership since
2001
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
Nov 20, 2012
—
Lennon RT
—
Deed Of Trust
related
$840,000 · East Boston Savings Bank
Aug 7, 2002
—
Lennon RT
—
Deed Of Trust
related
$880,000 · Dean Coop Bank
Sep 27, 2001
—
Lennon RT
—
Deed Of Trust
related
$370,000 · Randolph Savings Bank
Mar 9, 2001
$170,000
Frank Ferreira Ret JR.
Lennon RT
Grant Deed
—
Jun 26, 1998
$190,000
Frank Ferreira
Franklin,raymond
Grant Deed
related
—
Dec 8, 1989
—
Raymond Franklin
—
Deed Of Trust
related
$140,000 · Old Stone Bank
Jan 12, 1987
—
Raymond Franklin
—
Deed Of Trust
related
$15,000 · Attleboro Svgs Bk
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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