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Property profile & analytics
OFF-MARKET
Estimated value
$38,000,000
Super regional malls
381 Massachusetts Ave, Acton, MA 01720-3733
Entity Owned
1-yr Hold
Free & Clear
Property ID
US38-0610380
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
105,036 SF
Lot
6.84 ac (297,950 SF)
APN
ACTO M:00F3 B:0098 L:0000
UPID
US38-0610380
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
$38.00M
CAP Approach
CAP
$30.27M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$38.00M
Owner & transaction history
Brixmor Acton Plaza LLC · 1 yrs held
Brixmor Acton Plaza LLC
since 2024
Last sale
$38.0M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$30.5M
+4.8%
Auto repair, garage
$29.6M
+1.6%
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 Acton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Acton 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
$38,000,000
ML approach
$38,000,000
CAP Approach
CAP Return
Estimation
6%
$32,790,000
6.5%
$30,270,000
7%
$28,105,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$29,100,000
Current use
RESTAURANT
$30,495,000
Change: +5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$29,565,000
Change: +2% · Conversion: Difficult
RETAIL STORES
$28,315,000
Change: -3% · Conversion: Easy
COMMERCIAL (GENERAL)
$27,140,000
Change: -7% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$24,200,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$38.00M
Range $34.20M – $41.80M · ±10% · vs last sale $38.00M (Aug 22 2024)
Last sale anchor
$38.00M
Aug 22 2024
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
$362 / 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
$210,440
Tax year 2024
Assessed value
$12,623,900
Assessed 2024
Previous assessed
$12,623,900
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$2,769,600
Assessed improvement
$9,854,300
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
6
Bathrooms
2
Total area
105,036 SF
Lot
6.84 ac (297,950 SF)
APN
ACTO M:00F3 B:0098 L:0000
UPID
US38-0610380
Jurisdiction
ACTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$29.1M
RESTAURANT
Est. value
$30.5M
AUTO REPAIR, GARAGE
Est. value
$29.6M
RETAIL STORES
Est. value
$28.3M
COMMERCIAL (GENERAL)
Est. value
$27.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$24.2M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
6
Bathrooms
2
Lot
6.84 ac
Current owner
From public records · entity-resolved
Brixmor Acton Plaza LLC
Entity
Free & Clear · 1 yrs held
Mailing address
381 W MASSACHUSETTS AVESTE10, ACTON, MA 01720-3733
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2024
$38,000,000
Brixmor Acton Plaza LLC
E&a Northeast LP
Deed
related
—
Aug 22, 2024
$38,000,000
Brixmor Acton Plaza LLC
E&a Northeast LP
Quit Claim Arm's Length For Ne States
—
Aug 25, 1998
$8,576,069
E LP
Acton Ventures 2 LP
Grant Deed
—
Oct 4, 1991
$3,150,000
Acton Ventures II Ltd
M-acton I INC
Grant Deed
related
$4,500,000 · Middlesex Savings Bank
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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