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Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Office buildings
447 Broadway Taunton, MA 02780-1550
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US38-1137591
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1975
Construction
FRAME
Total area
5,580 SF
Lot
0.66 ac (28,750 SF)
Zoning code
3.51
APN
TAUN M:32 L:53 U:
UPID
US38-1137591
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
-
Rob Levine & Associates Law Firm
-
Miguel Camara - Matos Home Team - REMAX Real Estate Center Real Estate Agency
-
Lucas Nogueira, Realtor | RE/MAX Real Estate Center Real Estate Agency
-
Lilia Shani Realtor Real Estate Agency
-
elevate spa Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$664k
Blend (final)
Blend
$865k
Owner & transaction history
447 Broadway RT · 13 yrs held
447 Broadway RT
since 2013
7 recorded transactions
Zoning & alternative use
3.51 · Taunton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+97.7%
Auto repair, garage
$995,000
+50.3%
Retail stores
$915,000
+38.6%
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 Taunton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Taunton 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$660,000
Current use
RESTAURANT
$1,305,000
Change: +98% · Conversion: Moderate
AUTO REPAIR, GARAGE
$995,000
Change: +50% · Conversion: Difficult
RETAIL STORES
$915,000
Change: +39% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$895,000
Change: +35% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$850,000
Change: +29% · Conversion: Difficult
WAREHOUSE, STORAGE
$740,000
Change: +12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$690,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$865k
Range $779k – $952k · ±10%
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
$155 / 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
$20,377
Tax year 2024
Assessed value
$830,700
Assessed 2024
Previous assessed
$846,700
-1.9% YoY
Effective rate
2.45%
On assessed value
Assessed land
$266,700
Assessed improvement
$564,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Off-Market
Year built
1975
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
9
Total area
5,580 SF
Lot
0.66 ac (28,750 SF)
Zoning code
3.51
APN
TAUN M:32 L:53 U:
UPID
US38-1137591
Jurisdiction
TAUNTON
Zoning & alternative use
3.51 · Taunton, MAZoning 3.51 · permitted uses
3.51 · Taunton, MA
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
OFFICE BUILDING Current
Est. value
$660,000
RESTAURANT
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$995,000
RETAIL STORES
Est. value
$915,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$895,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$850,000
WAREHOUSE, STORAGE
Est. value
$740,000
COMMERCIAL (GENERAL)
Est. value
$690,000
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1975
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
9
Lot
0.66 ac
Current owner
From public records · entity-resolved
447 Broadway RT
Individual
Mailing address
447 BROADWAY, TAUNTON, MA 02780-1550
Ownership since
2013
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
May 28, 2020
—
Matos Home Team INC
—
Deed
related
$50,000 · Fall River Five Cents Savings Bank
Feb 25, 2020
—
Broadway 447 RT
—
Deed
related
$250,000 · Fall River Five Cents Savings Bank
Jul 3, 2013
—
447 RT Broadway
—
Deed Of Trust
related
$50,000 · South Eastern Econ Dev Corp
Feb 7, 2013
$377,000
447 Broadway RT
Sre RT
Grant Deed
$188,500 · Webster Bank
Feb 7, 2013
—
447 RT
—
Deed Of Trust
related
$150,800 · South Eastern Econ Dev Corp
Dec 19, 2003
—
Sre RT
—
Deed Of Trust
related
$300,000 · Bank Of Easton
Aug 30, 1988
$175,000
Richard N Russell JR.
Medeiros,milton A
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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