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Property profile & analytics
FOR LEASE
Industrial properties
40 Strafello Dr, Avon, MA 02322
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-0995205
For Lease
$17,300,000
40 Strafello Dr, Avon, MA 02322
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1981
Construction
STEEL FRAME
Total area
92,100 SF
Lot
6.23 ac (271,379 SF)
APN
AVON M: 0B6 B:001 L:007
UPID
US38-0995205
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
-
Mercury Moving & Storage Systems Moving Company Storage Facility
-
Atlas Technical Consultants Engineering Consultant
-
Redi Carpet General Contractor Renovation Specialist
-
Cogent Environmental Consulting Environmental Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$17.30M
CAP Approach
CAP
$15.07M
Comparable Approach
Comparable
$14.87M
Blend (final)
Blend
$17.30M
Owner & transaction history
Si 40 Strafello Drive LLC · 1 yrs held
Si 40 Strafello Drive LLC
since 2024
Last sale
$17.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$27.0M
+78.9%
Retail stores
$27.0M
+78.6%
Apartment house (5+ units)
$26.5M
+75.2%
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
$17,300,000
ML approach
$17,300,000
CAP Approach
CAP Return
Estimation
6%
$16,330,000
6.5%
$15,070,000
7%
$13,995,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$15,100,000
Current use
OFFICE BUILDING
$27,020,000
Change: +79% · Conversion: Difficult
RETAIL STORES
$26,965,000
Change: +79% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$26,460,000
Change: +75% · Conversion: Difficult
COMMERCIAL (GENERAL)
$23,570,000
Change: +56% · Conversion: Difficult
WAREHOUSE, STORAGE
$15,920,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$17.30M
Range $15.57M – $19.03M · ±10% · vs last sale $17.30M (Oct 2 2024)
Last sale anchor
$17.30M
Oct 2 2024
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
$188 / 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
$156,233
Tax year 2024
Assessed value
$5,611,800
Assessed 2024
Previous assessed
$5,611,800
+0.0% YoY
Effective rate
2.78%
On assessed value
Assessed land
$1,676,300
Assessed improvement
$3,935,500
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1981
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
12
Total area
92,100 SF
Lot
6.23 ac (271,379 SF)
APN
AVON M: 0B6 B:001 L:007
UPID
US38-0995205
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
$15.1M
OFFICE BUILDING
Est. value
$27.0M
RETAIL STORES
Est. value
$27.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$26.5M
COMMERCIAL (GENERAL)
Est. value
$23.6M
WAREHOUSE, STORAGE
Est. value
$15.9M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1981
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
12
Lot
6.23 ac
Current owner
From public records · entity-resolved
Si 40 Strafello Drive LLC
Entity
Free & Clear · 1 yrs held
Mailing address
205 NEWBURY ST STE, BOSTON, MA 02116-2579
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2025
—
Si 40 Strafello Drive LLC
—
Deed
related
$105,000,000 · Acore Capital LP
Oct 2, 2024
$17,300,000
Si 40 Strafello Drive LLC
Vmd Industrial IV LLC
Quit Claim Arm's Length For Ne States
—
Mar 22, 2022
—
Vmd Industrial 4 LLC
—
Deed
related
$14,000,000 · Metro Cu
Oct 1, 2021
—
Vmd Industrial 4 LLC
—
Deed
related
$6,330,249 · Harborone Bank
May 7, 2021
$5,600,000
Vmd Industrial 4 LLC
Avon Realty Ljs LLC
Quit Claim Arm's Length For Ne States
—
Dec 15, 2006
$1
Avon Realty Ljs LLC
Avon RT
Grant Deed
related
—
Dec 13, 2006
$1
Avon Realty Ljs LLC
Avon RT
Grant Deed
related
—
Dec 18, 2002
—
Avon RT
—
Deed Of Trust
related
$1,800,000 · Zwi Kohorn
Jun 2, 2000
—
Samia,leonard J Tr
—
Deed Of Trust
related
$1,300,000 · Zwi Kohorn
May 10, 2000
—
Abon RT
—
Deed Of Trust
related
$1,300,000 · Zwi Kohorn
Mar 16, 1998
—
Avon RT
—
Deed Of Trust
related
$1,810,000 · Us Trust Co
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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