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Property profile & analytics
OFF-MARKET
Estimated value
$17,355,000
Manufacturing properties
40 Robbie Rd, Avon, MA 02322-1162
Entity Owned
~
Est. High Equity
Property ID
US38-1052933
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1980
Construction
STEEL FRAME
Total area
144,252 SF
Lot
8.7 ac (378,972 SF)
APN
AVON M: 0B6 B:001 L:009
UPID
US38-1052933
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
-
Tighe Logistics Group Warehouse Warehouse & Storage
-
Urban Express LLC Trucking Company
-
Sunbelt Rentals Flooring Solutions Building Supply Industrial Manufacturer
-
J.N. Muldoon Truckmen Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.96M
CAP Approach
CAP
$23.61M
Comparable Approach
Comparable
$13.98M
Blend (final)
Blend
$17.36M
Owner & transaction history
Gki II Boston LLC
Gki II Boston LLC
since 2026
Last sale
$16.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$24.9M
+5.4%
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 Avon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avon 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
$21,975,000
ML approach
$11,960,000
CAP Approach
CAP Return
Estimation
6%
$25,575,000
6.5%
$23,605,000
7%
$21,920,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$23,650,000
Current use
WAREHOUSE, STORAGE
$24,935,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$17.36M
Range $15.62M – $19.09M · ±10% · vs last sale $16.30M (Jul 2 2021)
Last sale anchor
$16.30M
Jul 2 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
$120 / 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
$349,874
Tax year 2024
Assessed value
$12,567,300
Assessed 2024
Previous assessed
$12,567,300
+0.0% YoY
Effective rate
2.78%
On assessed value
Assessed land
$2,340,800
Assessed improvement
$10,226,500
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
9
Total area
144,252 SF
Lot
8.7 ac (378,972 SF)
APN
AVON M: 0B6 B:001 L:009
UPID
US38-1052933
Jurisdiction
AVON
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
INDUSTRIAL (GENERAL) Current
Est. value
$23.7M
WAREHOUSE, STORAGE
Est. value
$24.9M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1980
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
9
Lot
8.7 ac
Current owner
From public records · entity-resolved
Gki II Boston LLC
Entity
Mailing address
401 EDGEWATER PL STE #265, WAKEFIELD, MA 01880-6241
Ownership since
2026
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 22, 2026
$22,200,000
Gki II Boston LLC
Nbpiii Robbie LLC
Deed
$1 · Bnp Paribas
Jun 10, 2022
—
Nbpiii Robbie LLC
—
Deed
related
$142,500,000 · Wells Fargo Bank NA
Sep 21, 2021
—
Nbpiii Robbie LLC
—
Deed
related
$95,000,000 · Metlife Real Estate Lending LLC
Jul 2, 2021
$16,300,000
Nbpiii Robbie LLC
40 Robbie Road RT
Quit Claim Arm's Length For Ne States
—
Feb 11, 2019
$9,230,000
40 Robbie Road
New Avon
Quit Claim Deed
$7,397,722 · Cambridge Svgs Bk
Jul 2, 2009
—
Avon LP New
—
Deed Of Trust
related
$3,500,000 · Rockland Trust Co
Aug 1, 2007
—
Avon LP New
—
Deed Of Trust
related
$7,165,000 · Lasalle Bank Fsb
Nov 18, 1994
$2,700,000
Avon LP New
Gbo Odyssey LP
Grant Deed
$2,600,000 · Winchester Modulas Hs
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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