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Property profile & analytics
OFF-MARKET
Estimated value
$9,820,000
Retail properties & Spaces
400 Bedford St, Abington, MA 02351-1928
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0641630
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
116,122 SF
Lot
19.57 ac (852,469 SF)
APN
ABIN M:30 L:27
UPID
US38-0641630
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
-
Lowe's Home Improvement Building Supply Hardware & Home Improvement
-
Lowe's Garden Center Garden Center
-
HUB International New England Insurance Agency
-
Abington Plaza Shopping Center & Mall
-
Lowe's ProServices Building Supply Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.03M
Blend (final)
Blend
$9.82M
Owner & transaction history
Agree Eastern LLC · 4 yrs held
Agree Eastern LLC
since 2021
Last sale
$9.7M
7 recorded transactions
Zoning & alternative use
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 Abington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Abington 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
$9,745,000
ML approach
$10,145,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.82M
Range $8.84M – $10.80M · ±10% · vs last sale $9.70M (Sep 2 2021)
Last sale anchor
$9.70M
Sep 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
$85 / 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
$130,697
Tax year 2024
Assessed value
$9,768,100
Assessed 2024
Previous assessed
$9,768,100
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$3,134,000
Assessed improvement
$6,634,100
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
116,122 SF
Lot
19.57 ac (852,469 SF)
APN
ABIN M:30 L:27
UPID
US38-0641630
Jurisdiction
ABINGTON
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
Building & site characteristics
From public records
Year built
2008
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
19.57 ac
Current owner
From public records · entity-resolved
Agree Eastern LLC
Entity
Mailing address
1000 LOWES BLVD, MOORESVILLE, NC 28117-8520
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
Sep 2, 2021
$9,700,000
Agree Eastern LLC
New Creek LLC
Quit Claim Arm's Length For Ne States
—
Jan 13, 2012
$1
New Creek LLC
Gpb Abington Retail LLC
Grant Deed
related
—
Jan 13, 2012
—
New Creek LLC
—
Deed Of Trust
related
$62,309,000 · Morgan Stanley Dean
Oct 23, 2009
—
Gpb Abington Retail LLC
—
Deed Of Trust
related
$10,000,000 · Bank Of America
Feb 13, 2008
$1
Gpb Abington Retail LLC
Gpb Re Holdings LLC
Grant Deed
—
Dec 30, 1996
$2,300,000
Gpb Re Holding LLC
Crampton RT
Grant Deed
$80,000,000 · Nationsbank
Dec 30, 1996
—
Gpb Re Holding LLC
—
Deed Of Trust
related
$40,000,000 · Zuckerman Family Nomi
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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