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Property profile & analytics
OFF-MARKET
Estimated value
$3,255,000
Office buildings
463 Worcester Rd, Framingham, MA 01701-5356
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US38-1743099
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
STEEL FRAME
Total area
41,709 SF
Lot
2.44 ac (106,286 SF)
Zoning code
B
APN
FRAM M:102 B:83 L:9748 U:000
UPID
US38-1743099
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
-
The Red Carpet Company, Inc. Carpet Cleaning Service Air Duct Cleaning Service
-
Spirinet Technology Services Tech Support Center IT Consulting Firm
-
Advanced Chiropractic Center Alternative Medicine Practice
-
Charles River Medical Associates: Urgent Care Medical Clinic
-
Edison Electricians of Framingham Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.85M
Blend (final)
Blend
$3.26M
Owner & transaction history
Crown 1 Enterprises Ll · 7 yrs held
Crown 1 Enterprises Ll
since 2018
7 recorded transactions
Zoning & alternative use
B · Framingham, 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 Framingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Framingham 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
$3.26M
Range $2.93M – $3.58M · ±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
$78 / 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
$142,990
Tax year 2024
Assessed value
$5,627,300
Assessed 2024
Previous assessed
$5,627,300
+0.0% YoY
Effective rate
2.54%
On assessed value
Assessed land
$1,157,600
Assessed improvement
$4,469,700
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
18
Bathrooms
8
Total area
41,709 SF
Lot
2.44 ac (106,286 SF)
Zoning code
B
APN
FRAM M:102 B:83 L:9748 U:000
UPID
US38-1743099
Jurisdiction
FRAMINGHAM
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
B · Framingham, MA
Zoning B · permitted uses
B · Framingham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Framingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
18
Bathrooms
8
Lot
2.44 ac
Current owner
From public records · entity-resolved
Crown 1 Enterprises Ll
Entity
Mailing address
25 NN ST, CANTON, MA 02021-3338
Ownership since
2018
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
Oct 18, 2022
—
Crown 1 Enterprises LLC
—
Deed
related
$4,500,000 · Commonwealth Cooperative Bank
Dec 2, 2020
—
Iwg Tla Telecom LLC
—
Deed
related
$683,115 · Deutsche Bank National Trust Co
Aug 24, 2018
$5,250,000
Crown 1 Enterprises Ll
463 LLC
Quit Claim Arm's Length For Ne States
$4,000,000 · Commonwealth Coop Bk
Dec 2, 2002
—
Wayside Youth & Family
—
Deed Of Trust
related
$450,000 · Massachusetts Dev Fin'l Agency
Dec 24, 2001
$3,400,000
463 LLC
Dab RT
Grant Deed
$2,720,000 · Cambridgeport Savings Bank
Jan 6, 1999
—
Dab RT
—
Deed Of Trust
related
$100,000 · Gary Needham
Feb 23, 1996
—
Dab RT
—
Deed Of Trust
related
$2,000,000 · Gary Needham
Mar 15, 1994
—
Dab RT
—
Deed Of Trust
related
$1,500,000 · Cambridgeport Savings Bank
Sep 15, 1989
$4,350,000
Dab RT
Dalvis Office Pk RT
Grant Deed
$4,350,000 · Home Fsb
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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