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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Motels
390 Wareham St, Middleboro, MA 02346-3234
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-0953521
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,779 SF
Lot
2.13 ac (92,632 SF)
APN
MIDD M:00080 L:2621 U:0000
UPID
US38-0953521
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
$470k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$525k
Owner & transaction history
Sai Middleboro Hospitalit · 1 yrs held
Sai Middleboro Hospitalit
since 2025
Last sale
$560,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$865,000
+71.5%
Auto repair, garage
$800,000
+58.4%
Restaurant
$715,000
+41.8%
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 Middleboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middleboro 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
$505,000
ML approach
$470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$505,000
Current use
INDUSTRIAL (GENERAL)
$865,000
Change: +71% · Conversion: Difficult
AUTO REPAIR, GARAGE
$800,000
Change: +58% · Conversion: Difficult
RESTAURANT
$715,000
Change: +42% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $560k (May 5 2025)
Last sale anchor
$560k
May 5 2025
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
$67 / 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
$7,267
Tax year 2024
Assessed value
$506,400
Assessed 2024
Previous assessed
$483,400
+4.8% YoY
Effective rate
1.44%
On assessed value
Assessed land
$197,200
Assessed improvement
$309,200
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
26
Bathrooms
1
Total area
7,779 SF
Lot
2.13 ac (92,632 SF)
APN
MIDD M:00080 L:2621 U:0000
UPID
US38-0953521
Jurisdiction
MIDDLEBORO
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
HOTEL/MOTEL Current
Est. value
$505,000
INDUSTRIAL (GENERAL)
Est. value
$865,000
AUTO REPAIR, GARAGE
Est. value
$800,000
RESTAURANT
Est. value
$715,000
HOTEL/MOTEL Current
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
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
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
26
Bathrooms
1
Lot
2.13 ac
Current owner
From public records · entity-resolved
Sai Middleboro Hospitalit
Individual
Mailing address
390 WAREHAM ST, MIDDLEBORO, MA 02346-3234
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
May 5, 2025
—
Sai Middleboro Hospitalit
Middleborough Town Of
Deed
related
—
Sep 26, 2019
—
Sai Middleboro Hospitalty
—
Deed
related
$900,000 · South Shore Bank
Jun 7, 2016
—
Sai Middleboro Hospita
—
Deed
related
$1,000 · Access Point Financia
May 25, 2016
$170,000
Sai Middleboro Hospitalty
Radhaswami LLC
Quit Claim Deed
—
Jun 15, 2006
$560,000
Radhaswami LLC
Mass Invest Group LLC
Deed
$480,000 · Commerce Bank NA
Nov 6, 2000
$270,000
Mass Investment Group
Perry Hilda Est
Grant Deed
$135,000 · Mansfield Capital Bank
Nov 6, 2000
—
Mass Investment Group
—
Deed Of Trust
related
$86,000 · South Eastern Econ Dev Corp
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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