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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Retail space
450 Ctr St, West Bridgewater, MA 02379-1863
Individually Owned
28-yr Hold
~
Est. High Equity
Property ID
US38-1128286
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1992
Construction
FRAME
Total area
4,032 SF
Lot
12.48 ac (543,629 SF)
APN
WBRI M:41 L:034
UPID
US38-1128286
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
-
Townline General Store Grocery & Convenience Store Food Market
-
Angella Field Pen Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
Amazon Hub Counter - Town Line General Store Courier Service Postal Service
-
One Horse Shay Antiques Home Decor Store (Bike/Boat/Book/etc) Store
-
Frontline Cafe and Bakery Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$710k
Blend (final)
Blend
$610k
Owner & transaction history
Sbm RT · 28 yrs held
Sbm RT
since 1997
6 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 West Bridgewater submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Bridgewater 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
RETAIL STORES
$835,000
Current use
AUTO REPAIR, GARAGE
$835,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$815,000
Change: -3% · Conversion: Easy
COMMERCIAL (GENERAL)
$735,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$151 / 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
$15,898
Tax year 2024
Assessed value
$626,900
Assessed 2024
Previous assessed
$582,400
+7.6% YoY
Effective rate
2.54%
On assessed value
Assessed land
$328,300
Assessed improvement
$298,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1992
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
3
Bathrooms
9
Total area
4,032 SF
Lot
12.48 ac (543,629 SF)
APN
WBRI M:41 L:034
UPID
US38-1128286
Jurisdiction
WEST BRIDGEWATER
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$835,000
AUTO REPAIR, GARAGE
Est. value
$835,000
OFFICE BUILDING
Est. value
$815,000
COMMERCIAL (GENERAL)
Est. value
$735,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1992
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
3
Bathrooms
9
Lot
12.48 ac
Current owner
From public records · entity-resolved
Sbm RT
Individual
Mailing address
36 THAYER AVE, WEST BRIDGEWATER, MA 02379-1329
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2019
—
Sbm Trust
—
Deed
related
$285,000 · Rockland Cu
Apr 2, 2008
—
King,james E Tr
—
Deed Of Trust
related
$173,469 · Bridgewater Savings Bank
Apr 7, 2000
—
Ira S Smith
—
Deed Of Trust
related
$70,000 · First Citizens Cu
Sep 3, 1997
$300,000
Sbm RT
Canessa RT
Grant Deed
$200,000 · Bridgewater Savings Bank
Apr 8, 1992
—
C Robert Canessa
—
Deed Of Trust
related
$125,000 · Peoples Bk Brockton
—
—
Sbm Trust
—
Deed Of Trust
related
$285,000 · Rockland Cu
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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