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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Manufacturing properties
453 Newburyport Tpke, Rowley, MA 01969-1728
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-0826582
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1979
Construction
FRAME
Total area
4,026 SF
Lot
7.61 ac (331,492 SF)
APN
ROWL M:0023 B:0032 L:0000
UPID
US38-0826582
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
-
MPS Products Corp Factory Production Facility
-
North Atlantic Constructors Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$420k
CAP Approach
CAP
$660k
Comparable Approach
Comparable
$668k
Blend (final)
Blend
$690k
Owner & transaction history
453 Mdp Real Estate Ll · 9 yrs held
453 Mdp Real Estate Ll
since 2017
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+57.0%
Auto repair, garage
$965,000
+46.3%
Retail stores
$895,000
+35.8%
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 Rowley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rowley 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
$420,000
CAP Approach
CAP Return
Estimation
6%
$715,000
6.5%
$660,000
7%
$610,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$660,000
Current use
OFFICE BUILDING
$1,035,000
Change: +57% · Conversion: Difficult
AUTO REPAIR, GARAGE
$965,000
Change: +46% · Conversion: Easy
RETAIL STORES
$895,000
Change: +36% · Conversion: Moderate
COMMERCIAL (GENERAL)
$800,000
Change: +22% · Conversion: Difficult
WAREHOUSE, STORAGE
$565,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$171 / 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
$9,125
Tax year 2024
Assessed value
$754,100
Assessed 2024
Previous assessed
$754,100
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$513,400
Assessed improvement
$240,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1979
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Total area
4,026 SF
Lot
7.61 ac (331,492 SF)
APN
ROWL M:0023 B:0032 L:0000
UPID
US38-0826582
Jurisdiction
ROWLEY
Metro division
ESSEX COUNTY, 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
INDUSTRIAL (GENERAL) Current
Est. value
$660,000
OFFICE BUILDING
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$965,000
RETAIL STORES
Est. value
$895,000
COMMERCIAL (GENERAL)
Est. value
$800,000
WAREHOUSE, STORAGE
Est. value
$565,000
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1979
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Lot
7.61 ac
Current owner
From public records · entity-resolved
453 Mdp Real Estate Ll
Individual
Mailing address
453 NEWBURYPORT TPKE, ROWLEY, MA 01969-1728
Ownership since
2017
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
May 2, 2017
$560,000
453 Mdp Real Estate Ll
Sea Foxx LLC
Quit Claim Arm's Length For Ne States
$448,000 · Enterprise Bank & Trust Co
Dec 4, 2013
—
Sea Foxx LLC
—
Deed Of Trust
related
$209,000 · Northmark Bank
Dec 1, 2004
$525,000
Sea Fox Prop LLC
Springer,carsten E H
Grant Deed
$393,750 · North Shore Bank
May 22, 1997
$115,000
Carsten E Springer
Allara,joseph P
Grant Deed
$125,000 · Zwi Kohorn
Dec 9, 1992
—
Joseph P Allara
—
Deed Of Trust
related
$117,438 · Bankboston Development Co LLC
Apr 12, 1989
—
Joseph Allara
—
Deed Of Trust
related
$160,000 · Bankboston Development Co LLC
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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