New search
Property profile & analytics
FOR LEASE
Office buildings
40 Reservoir Park Dr, Rockland, MA 02370
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-1668727
For Lease
1 / 2
$2,785,000
40 Reservoir Park Dr, Rockland, MA 02370
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
30,061 SF
Lot
2.51 ac (109,336 SF)
Zoning code
INDUST
APN
ROCK M:8 B:0 L:31
UPID
US38-1668727
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
-
Apparel 2000 Embroidery, now known as LogoVinci Factory Production Facility
-
FINTRX (Bike/Boat/Book/etc) Store Corporate Office
-
Weymouth Food Pantry Food Bank Charitable Organization
-
D Smith Associates Association Or Organization
-
Kitchen Concepts General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.29M
Blend (final)
Blend
$2.79M
Owner & transaction history
Lf 40 Reservoir LLC · 6 yrs held
Lf 40 Reservoir LLC
since 2020
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
INDUST · Rockland, 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 Rockland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockland 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
$3,110,000
ML approach
$3,290,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.79M
Range $2.51M – $3.06M · ±10% · vs last sale $2.62M (Apr 13 2020)
Last sale anchor
$2.62M
Apr 13 2020
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
$93 / 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
$47,721
Tax year 2024
Assessed value
$3,394,100
Assessed 2024
Previous assessed
$2,967,500
+14.4% YoY
Effective rate
1.41%
On assessed value
Assessed land
$375,700
Assessed improvement
$3,018,400
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
For Lease
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Buildings
1
Stories
1
Total area
30,061 SF
Lot
2.51 ac (109,336 SF)
Zoning code
INDUST
APN
ROCK M:8 B:0 L:31
UPID
US38-1668727
Jurisdiction
ROCKLAND
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
INDUST · Rockland, MA
Zoning INDUST · permitted uses
INDUST · Rockland, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Stories
1
Buildings
1
Lot
2.51 ac
Current owner
From public records · entity-resolved
Lf 40 Reservoir LLC
Entity
Mailing address
552 ADAMS ST, MILTON, MA 02186-5627
Ownership since
2020
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
Jan 13, 2022
—
L F 40 Reservoir LLC
—
Deed
related
$2,200,000 · Rockland Trust Co
Apr 13, 2020
$2,615,000
Lf 40 Reservoir LLC
Reservoir T 40
Quit Claim Deed
related
—
Nov 30, 2017
$2,615,000
40 Reservor Trust
S & A Realty Trust
Quit Claim Deed
—
May 20, 2016
—
S & A Realty Trust
—
Deed
related
$1,800,000 · Rockland Tr
Jun 10, 2009
—
Snyder,cameron Tr
—
Deed Of Trust
related
$484,000 · Rockland Trust Co
Oct 19, 2007
$2,200,000
S RT
Seaview RT
Grant Deed
$1,760,000 · Rockland Trust Co
Jun 18, 1996
—
Seaview RT
—
Deed Of Trust
related
$425,000 · Plymouth Savings Bank
—
—
S & A Realty Trust
—
Deed Of Trust
related
$1,800,000 · Rockland Tr
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?”
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.
