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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Turn key restaurants
39 Elm St, Dracut, MA 01826-3305
Individually Owned
4-yr Hold
Free & Clear
Property ID
US38-1843457
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1908
Construction
FRAME
Total area
3,750 SF
Lot
0.22 ac (9,600 SF)
Zoning code
R1
APN
DRAC M:14 L:12
UPID
US38-1843457
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
$1.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$888k
Blend (final)
Blend
$1.13M
Owner & transaction history
Rzd 39 Elm Street T · 4 yrs held
Rzd 39 Elm Street T
since 2022
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
R1 · Dracut, 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 Dracut submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dracut 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
$1,095,000
ML approach
$1,105,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,090,000
Current use
AUTO REPAIR, GARAGE
$1,055,000
Change: -3% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,040,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$1,010,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±10% · vs last sale $1.28M (Mar 2 2022)
Last sale anchor
$1.28M
Mar 2 2022
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
$300 / 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
$6,277
Tax year 2024
Assessed value
$600,700
Assessed 2024
Previous assessed
$600,700
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$271,000
Assessed improvement
$329,700
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1908
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Bathrooms
2
Total area
3,750 SF
Lot
0.22 ac (9,600 SF)
Zoning code
R1
APN
DRAC M:14 L:12
UPID
US38-1843457
Jurisdiction
DRACUT
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
R1 · Dracut, MA
Zoning R1 · permitted uses
R1 · Dracut, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dracut. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
RETAIL STORES
Est. value
$1.0M
RESTAURANT Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1908
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Bathrooms
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
Rzd 39 Elm Street T
Individual
Free & Clear · 4 yrs held
Mailing address
51 DODGE RD, PELHAM, NH 03076-2643
Ownership since
2022
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
Mar 2, 2022
$1,275,000
Rzd 39 Elm Street T
Elm Street Td LLC
Quit Claim Arm's Length For Ne States
—
Mar 9, 2006
—
Thomas Meredith
—
Deed Of Trust
related
$50,000 · Mortgage Partners
Jul 14, 2004
—
C Mccullough-fontaine
—
Deed Of Trust
related
$61,000 · Citizens Bank Of Nh
Dec 19, 2002
—
Carrieann Mccullough Font
—
Deed Of Trust
related
$69,000 · Bennett Mortgage & Inv
Oct 30, 2002
—
Richard W Fontaine
—
Deed Of Trust
related
$208,000 · Temple Inland Mortgage
May 30, 2001
—
Richard W Fontaine
—
Deed Of Trust
related
$165,000 · Old Kent Mortgage Co
Nov 22, 1996
—
Thomas Meredith
—
Deed Of Trust
related
$30,000 · Silva Bros Investment INC
Apr 22, 1993
—
Thomas Meredith
—
Deed Of Trust
related
$556,925 · Sharon C Meredith
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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