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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Office buildings
380 Wareham Rd Marion, MA 02738-1187
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US38-1194972
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Construction
FRAME
Total area
3,396 SF
Lot
0.51 ac (22,195 SF)
APN
MARI M:0013 B:001C L:0000
UPID
US38-1194972
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
-
Saltonstall Architects Architect
-
Lumanity Medical Affairs Consulting LLC Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$575k
Blend (final)
Blend
$665k
Owner & transaction history
Allans Point LLC · 20 yrs held
Allans Point LLC
since 2005
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$705,000
+2.7%
Auto repair, garage
$700,000
+2.4%
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 Marion submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marion 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
OFFICE BUILDING
$685,000
Current use
RETAIL STORES
$705,000
Change: +3% · Conversion: Moderate
AUTO REPAIR, GARAGE
$700,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$620,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$665k
Range $599k – $732k · ±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
$196 / 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
$4,644
Tax year 2024
Assessed value
$501,500
Assessed 2024
Previous assessed
$501,500
+0.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$212,600
Assessed improvement
$288,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1970
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
5
Total area
3,396 SF
Lot
0.51 ac (22,195 SF)
APN
MARI M:0013 B:001C L:0000
UPID
US38-1194972
Jurisdiction
MARION
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$685,000
RETAIL STORES
Est. value
$705,000
AUTO REPAIR, GARAGE
Est. value
$700,000
COMMERCIAL (GENERAL)
Est. value
$620,000
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
1970
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
5
Lot
0.51 ac
Current owner
From public records · entity-resolved
Allans Point LLC
Entity
Mailing address
380 WAREHAM RD, MARION, MA 02738-1187
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2018
—
Allens Point LLC
—
Deed
related
$150,000 · William G Saltonstall
Feb 17, 2012
—
Allens Point LLC
—
Deed Of Trust
related
$200,000 · Gary Needham
Oct 28, 2011
—
Allens Point LLC
—
Deed Of Trust
related
$100,000 · William G Saltonstall JR
Nov 10, 2005
$395,000
Allans Point LLC
Harding Sails INC
Grant Deed
$316,000 · Community Bank & Trust Co
May 18, 2005
—
Harding Sails INC
—
Deed Of Trust
related
$370,000 · Community Bank & Trust Co
Nov 30, 1999
—
Harding Sails INC
—
Deed Of Trust
related
$25,000 · Compass Bank For Savings
Jul 25, 1997
—
Harding Sailes INC
—
Deed Of Trust
related
$50,000 · New Bedford Corp INC
—
—
Allens Point LLC
—
Deed Of Trust
related
$150,000 · William G Saltonstall
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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