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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Retail space
46 Worcester Rd, Charlton, MA 01507-1344
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-0230224
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1960
Construction
FRAME
Total area
3,322 SF
Lot
0.47 ac (20,560 SF)
Zoning code
CB
APN
CHAR M:034A B:000A L:0000007
UPID
US38-0230224
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
-
Green Gold Dispensary Charlton (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$755k
Comparable Approach
Comparable
$845k
Blend (final)
Blend
$610k
Owner & transaction history
Admass 2 LLC · 9 yrs held
Admass 2 LLC
since 2017
7 recorded transactions
Zoning & alternative use
CB · Charlton, MA
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 Charlton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charlton 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%
$820,000
6.5%
$755,000
7%
$700,000
Alternative Use
Use
Estimation
RETAIL STORES
$520,000
Current use
AUTO REPAIR, GARAGE
$510,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$450,000
Change: -13% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$420,000
Change: -20% · Conversion: Moderate
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
$184 / 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
$9,065
Tax year 2024
Assessed value
$799,400
Assessed 2024
Previous assessed
$799,400
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$312,700
Assessed improvement
$486,700
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1960
Construction
FRAME
Heating
SPACE
Cooling
YES
Buildings
1
Stories
1
Units
2
Bathrooms
2
Total area
3,322 SF
Lot
0.47 ac (20,560 SF)
Zoning code
CB
APN
CHAR M:034A B:000A L:0000007
UPID
US38-0230224
Jurisdiction
CHARLTON
Zoning & alternative use
CB · Charlton, MA
Zoning CB · permitted uses
CB · Charlton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Charlton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$520,000
AUTO REPAIR, GARAGE
Est. value
$510,000
OFFICE BUILDING
Est. value
$450,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$420,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1960
Construction
FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
1
Units
2
Bathrooms
2
Lot
0.47 ac
Current owner
From public records · entity-resolved
Admass 2 LLC
Entity
Mailing address
43 W 47TH ST, NEW YORK, NY 10036-2804
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2021
—
Admass LLC
—
Deed
related
$2,500,000 · Gfa Federal Credit Union
May 23, 2017
$600,000
Admass 2 LLC
Kibby Trust
Quit Claim Deed
related
—
Oct 8, 2015
$450,000
Kibby Trust
Alw Realty Trust
Quit Claim Deed
related
—
Jun 9, 2010
$161,000
Albin L Waskevich
Dkh RT
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
$165,000 · Spencer Savings Bank Sla
Nov 5, 2008
—
Dkh RT
—
Deed Of Trust
related
$128,041 · George Deligiannides
Jul 20, 2005
$450,000
Dkh RT
Skarbros Realty INC
Grant Deed
$320,000 · Spencer Savings Bank Sla
Dec 16, 1996
$135,000
John Dipilla
Gianino,andrew F JR
Grant Deed
$121,500 · Fleet Mortgage Corp
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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