New search
Property profile & analytics
OFF-MARKET
Estimated value
$13,375,000
Warehouses
393 Manley St, West Bridgewater, MA 02379-1022
Entity Owned
4-yr Hold
Free & Clear
Property ID
US38-0031800
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1974
Construction
STEEL FRAME
Total area
88,088 SF
Lot
11 ac (479,160 SF)
APN
WBRI M:14 L:050
UPID
US38-0031800
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
-
Beacon SALES Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.00M
CAP Approach
CAP
$16.86M
Comparable Approach
Comparable
$9.82M
Blend (final)
Blend
$13.38M
Owner & transaction history
Rlf 3 East LLC · 4 yrs held
Rlf 3 East LLC
since 2021
Last sale
$14.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$20.0M
+94.5%
Retail stores
$18.3M
+77.7%
Auto repair, garage
$18.2M
+77.1%
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 West Bridgewater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Bridgewater 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
$14,565,000
ML approach
$10,000,000
CAP Approach
CAP Return
Estimation
6%
$18,265,000
6.5%
$16,860,000
7%
$15,655,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$10,285,000
Current use
INDUSTRIAL (GENERAL)
$20,000,000
Change: +94% · Conversion: Easy
RETAIL STORES
$18,275,000
Change: +78% · Conversion: Moderate
AUTO REPAIR, GARAGE
$18,215,000
Change: +77% · Conversion: Easy
OFFICE BUILDING
$17,795,000
Change: +73% · Conversion: Difficult
COMMERCIAL (GENERAL)
$16,040,000
Change: +56% · Conversion: Difficult
Blend value · Realmo final
$13.38M
Range $12.04M – $14.71M · ±10% · vs last sale $14.50M (Aug 12 2021)
Last sale anchor
$14.50M
Aug 12 2021
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
$152 / 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
$148,625
Tax year 2024
Assessed value
$5,860,600
Assessed 2024
Previous assessed
$5,325,200
+10.1% YoY
Effective rate
2.54%
On assessed value
Assessed land
$1,805,100
Assessed improvement
$4,055,500
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1974
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Stories
1
Units
1
Bathrooms
4
Total area
88,088 SF
Lot
11 ac (479,160 SF)
APN
WBRI M:14 L:050
UPID
US38-0031800
Jurisdiction
WEST BRIDGEWATER
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
WAREHOUSE, STORAGE Current
Est. value
$10.3M
INDUSTRIAL (GENERAL)
Est. value
$20.0M
RETAIL STORES
Est. value
$18.3M
AUTO REPAIR, GARAGE
Est. value
$18.2M
OFFICE BUILDING
Est. value
$17.8M
COMMERCIAL (GENERAL)
Est. value
$16.0M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1974
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
1
Units
1
Bathrooms
4
Lot
11 ac
Current owner
From public records · entity-resolved
Rlf 3 East LLC
Entity
Free & Clear · 4 yrs held
Mailing address
201 WW ST, ANNAPOLIS, MD 21401-4654
Ownership since
2021
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
Aug 12, 2021
$14,500,000
Rlf 3 East LLC
Civf V-ma1w01 LLC
Quit Claim Arm's Length For Ne States
—
Jul 26, 2018
—
Civf V Ma 1 W1 LLC
—
Deed
related
$103,600,000 · Suntrust Bank
Apr 24, 2018
$7,300,000
Civf 5 Ma1w1 LLC
393 Manley
Quit Claim Deed
—
Oct 2, 2015
$5,453,460
393 Manley RT
W Bridgewater Warehous
Quit Claim Arm's Length For Ne States
$4,000,000 · Peoples United Bank
Nov 8, 2007
$4,100,000
W Bridgewater LLC
Highland Manley Assos LP
Grant Deed
$4,800,000 · Rockland Trust Co
May 3, 1999
—
Highland Manley Assos
—
Deed Of Trust
related
$3,300,000 · Gmac Mortgage Corp Pa
Nov 26, 1996
$2,500,000
Highland Manley Assoc
Newgate Corp
Grant Deed
$2,500,000 · Zions First National 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 393 Manley St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
