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Property profile & analytics
OFF-MARKET
Estimated value
$480,000
Warehouses
45 Woodland Ave Seekonk, MA 02771-1218
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-1063910
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1999
Total area
11,000 SF
Lot
3.14 ac (136,691 SF)
Zoning code
I
APN
SEEK M:0280 B:0000 L:00060
UPID
US38-1063910
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
-
M & M Precision Machine Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.46M
Blend (final)
Blend
$480k
Owner & transaction history
45 Woodland Ave LLC · 6 yrs held
45 Woodland Ave LLC
since 2020
3 recorded transactions
Zoning & alternative use
I · Seekonk, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
vage operations, which are not pertinent to a manufacturing or fabrication use on the premises. 4.2.5 Accessory Uses Accessory Uses Residence Districts Business Districts Industrial District R-1 R-2 R-3 R-4 LBD HBD LCVD I 1. Accessory buildings and uses Y Y Y Y Y Y Y Y1 1Within any industry district, buildings, accessory buildings, and uses of the land consi…
Zone name
Industry
General category
INDUSTRIAL
Zone area
1,069.70 ac
Top alternative use upside
Retail stores
$1.8M
+24.0%
Apartment house (5+ units)
$1.8M
+21.0%
Office building
$1.7M
+15.5%
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 Seekonk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seekonk 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
WAREHOUSE, STORAGE
$1,455,000
Current use
RETAIL STORES
$1,805,000
Change: +24% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,760,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$1,680,000
Change: +16% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,680,000
Change: +15% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,640,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$480k
Range $432k – $528k · ±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
$44 / 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
$18,286
Tax year 2024
Assessed value
$685,900
Assessed 2024
Previous assessed
$685,900
+0.0% YoY
Effective rate
2.67%
On assessed value
Assessed land
$175,900
Assessed improvement
$510,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1999
Heating
SPACE
Buildings
2
Stories
1
Units
1
Total area
11,000 SF
Lot
3.14 ac (136,691 SF)
Zoning code
I
APN
SEEK M:0280 B:0000 L:00060
UPID
US38-1063910
Jurisdiction
SEEKONK
Zoning & alternative use
I · Seekonk, MAZoning I · permitted uses
I · Seekonk, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
vage operations, which are not pertinent to a manufacturing or fabrication use on the premises. 4.2.5 Accessory Uses Accessory Uses Residence Districts Business Districts Industrial District R-1 R-2 R-3 R-4 LBD HBD LCVD I 1. Accessory buildings and uses Y Y Y Y Y Y Y Y1 1Within any industry district, buildings, accessory buildings, and uses of the land consistent with the principal land use are permitted. Accessory buildings shall not be
Zone name
Industry
General category
INDUSTRIAL
Zone area
1,069.70 ac
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.5M
RETAIL STORES
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.6M
WAREHOUSE, STORAGE Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1999
Heating
SPACE
Stories
1
Buildings
2
Units
1
Lot
3.14 ac
Current owner
From public records · entity-resolved
45 Woodland Ave LLC
Entity
Mailing address
425 PNE ST, SEEKONK, MA 02771-2601
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2020
—
45 Woodland Ave LLC
Steven S Howitt
Quit Claim Deed
related
—
May 25, 2007
—
Seacoast Tower Dev LLC
—
Deed Of Trust
related
$1,800,000 · Cape Cod Five Cent Bank
Jul 1, 2002
—
Cape Commerce Nt
—
Deed Of Trust
related
$200,000 · Plymouth 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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