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Property profile & analytics
FOR LEASE
Office buildings
45 Shawmut Rd, Canton, MA 02021
Entity Owned
4-yr Hold
Free & Clear
Property ID
US38-0384833
For Lease
1 / 2
$24,835,000
45 Shawmut Rd, Canton, MA 02021
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Construction
STEEL FRAME
Total area
66,654 SF
Lot
2.21 ac (96,268 SF)
Zoning code
LI
APN
CANT M:32 P:6
UPID
US38-0384833
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
-
Eileen Mcconnaughy, PHD Physician Medical Clinic
-
Dr. Ellen Gillander Physician Medical Clinic
-
Revenue Recognition Consultant
-
Andrea Harte, Counselor Physician
-
Leanne Rifenburg Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$24.00M
Comparable Approach
Comparable
$24.83M
Blend (final)
Blend
$24.84M
Owner & transaction history
Canton Ma 1 Sgf LLC · 4 yrs held
Canton Ma 1 Sgf LLC
since 2021
Last sale
$25.3M
2 recorded transactions
Zoning & alternative use
LI · Canton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$28.6M
+51.9%
Auto repair, garage
$21.5M
+14.0%
Retail stores
$19.5M
+3.6%
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 Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canton 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
$34,045,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$26,005,000
6.5%
$24,000,000
7%
$22,290,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$18,835,000
Current use
RESTAURANT
$28,610,000
Change: +52% · Conversion: Moderate
AUTO REPAIR, GARAGE
$21,465,000
Change: +14% · Conversion: Difficult
RETAIL STORES
$19,515,000
Change: +4% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$19,150,000
Change: +2% · Conversion: Easy
COMMERCIAL (GENERAL)
$17,060,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$24.84M
Range $22.35M – $27.32M · ±10% · vs last sale $25.25M (Oct 1 2021)
Last sale anchor
$25.25M
Oct 1 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
$373 / 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
$280,240
Tax year 2024
Assessed value
$13,473,100
Assessed 2024
Previous assessed
$13,473,100
+0.0% YoY
Effective rate
2.08%
On assessed value
Assessed land
$1,399,500
Assessed improvement
$12,073,600
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Total area
66,654 SF
Lot
2.21 ac (96,268 SF)
Zoning code
LI
APN
CANT M:32 P:6
UPID
US38-0384833
Jurisdiction
CANTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
LI · Canton, MA
Zoning LI · permitted uses
LI · Canton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Canton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$18.8M
RESTAURANT
Est. value
$28.6M
AUTO REPAIR, GARAGE
Est. value
$21.5M
RETAIL STORES
Est. value
$19.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$19.2M
COMMERCIAL (GENERAL)
Est. value
$17.1M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Lot
2.21 ac
Current owner
From public records · entity-resolved
Canton Ma 1 Sgf LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1 N WACKER DR STE #4025, CHICAGO, IL 60606-2844
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2021
$25,250,000
Canton Ma 1 Sgf LLC
Jc&smp Canton Owner LLC
Quit Claim Arm's Length For Ne States
—
Dec 19, 2013
$11,505,000
Canton Owner LLC
Campanelli Trigate Canton
Quit Claim Deed
related
$8,515,000 · Cambridge Savings Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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