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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Commercial land
450 Wareham St, Middleboro, MA 02346-3442
Entity Owned
1-yr Hold
Free & Clear
Property ID
US38-0031794
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1950
Construction
WOOD FRAME
Total area
7,684 SF
Lot
2.14 ac (93,106 SF)
APN
MIDD M:00087 L:2229 U:0000
UPID
US38-0031794
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$681k
Blend (final)
Blend
$620k
Owner & transaction history
Ner Cs Realco Ma-west LLC · 1 yrs held
Ner Cs Realco Ma-west LLC
since 2025
7 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 Middleboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middleboro 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
Blend value · Realmo final
$620k
Range $558k – $682k · ±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
$81 / 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
$5,034
Tax year 2024
Assessed value
$350,800
Assessed 2024
Previous assessed
$318,800
+10.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$350,800
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1950
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Bathrooms
4
Total area
7,684 SF
Lot
2.14 ac (93,106 SF)
APN
MIDD M:00087 L:2229 U:0000
UPID
US38-0031794
Jurisdiction
MIDDLEBORO
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
Building & site characteristics
From public records
Year built
1950
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
4
Lot
2.14 ac
Current owner
From public records · entity-resolved
Ner Cs Realco Ma-west LLC
Entity
Free & Clear · 1 yrs held
Mailing address
5 FORSTER RD, ROCHESTER, MA 02770-1818
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2025
$1,520,000
Ner Cs Realco Ma-west LLC
Regis Realty Holdings LLC
Deed
—
Dec 12, 2014
$600,000
Regis Rlty Holdings LLC
Chicken House Realty Trus
Quit Claim Deed
$420,000 · St Anne's Cu
Sep 8, 2010
$300,000
Chicken House RT
First Citizens Bk
Grant Deed
—
May 15, 2009
$783,308
Temecula Valley Bk
Saband Realty LLC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Jul 2, 2008
—
Sabank Realty LLC
—
Deed Of Trust
related
$35,000 · Muhammad Itani
Apr 30, 2007
$1,275,000
Saband Rlty LLC
Yee Realty Middleboro T
Grant Deed
$1,053,500 · Zions First National Bank
May 23, 2005
$800,000
Ivan C Yee
C&k RT
Deed
$750,000 · Banknorth Mtg Group
Dec 13, 2001
$482,200
C RT
Smith St Realty LLC
Grant Deed
$525,000 · Mayflower Capital Bank
Jul 14, 1999
—
Smith St Realty LLC
—
Deed Of Trust
related
$525,000 · Rockland Trust Co
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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