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Property profile & analytics
OFF-MARKET
Estimated value
$26,500,000
Manufacturing properties
400 Main St, Ashland, MA 01721-2150
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-1080599
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Total area
157,980 SF
Lot
18.71 ac (815,008 SF)
Zoning code
30
APN
ASHL M:020.0 B:0030 L:0000.0
UPID
US38-1080599
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
-
Kidde-Fenwal Production Facility Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$25.86M
Comparable Approach
Comparable
$15.98M
Blend (final)
Blend
$26.50M
Owner & transaction history
Rc 400 Main RT · 1 yrs held
Rc 400 Main RT
since 2025
Last sale
$27.9M
4 recorded transactions
Zoning & alternative use
30 · Ashland, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$43.8M
+80.5%
Retail stores
$42.6M
+75.6%
Commercial (general)
$40.8M
+68.4%
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 Ashland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashland 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
$24,405,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$28,005,000
6.5%
$25,855,000
7%
$24,005,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$24,250,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$43,770,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$42,590,000
Change: +76% · Conversion: Moderate
COMMERCIAL (GENERAL)
$40,825,000
Change: +68% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$36,400,000
Change: +50% · Conversion: Difficult
OFFICE BUILDING
$34,575,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$26.50M
Range $23.85M – $29.15M · ±10% · vs last sale $27.87M (Jun 20 2025)
Last sale anchor
$27.87M
Jun 20 2025
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
$168 / 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
$92,924
Tax year 2024
Assessed value
$7,018,400
Assessed 2024
Previous assessed
$7,018,400
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$1,641,900
Assessed improvement
$5,376,500
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
Heating
NONE
Buildings
3
Total area
157,980 SF
Lot
18.71 ac (815,008 SF)
Zoning code
30
APN
ASHL M:020.0 B:0030 L:0000.0
UPID
US38-1080599
Jurisdiction
ASHLAND
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
30 · Ashland, MA
Zoning 30 · permitted uses
30 · Ashland, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ashland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$24.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$43.8M
RETAIL STORES
Est. value
$42.6M
COMMERCIAL (GENERAL)
Est. value
$40.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$36.4M
OFFICE BUILDING
Est. value
$34.6M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
Heating
NONE
Buildings
3
Lot
18.71 ac
Current owner
From public records · entity-resolved
Rc 400 Main RT
Individual
Mailing address
1800 MAYFLOWER CT APT #201, WINTER PARK, FL 32792-2546
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2025
$27,872,000
Rc 400 Main RT
Cold Spring Brook LLC
Deed
$17,241,900 · Bank Of New England NA
Jan 29, 2010
$1
Cold Spring Brook LLC
Cold Spring Brook T
Grant Deed
—
Jan 5, 2010
$1
Pout Rock LLC
2026 Pout Rock T
Grant Deed
—
Nov 6, 2006
$1
Andre G Turenne
Stone,ellen D
Grant Deed
—
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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