New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,390,000
Manufacturing properties
490 Constitution Dr, Taunton, MA 02780-7389
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-1373947
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2004
Construction
STEEL FRAME
Total area
25,512 SF
Lot
2.53 ac (110,207 SF)
Zoning code
ID11
APN
TAUN M:23 L:91 U:
UPID
US38-1373947
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
-
Ohlson Packaging Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.56M
CAP Approach
CAP
$3.84M
Comparable Approach
Comparable
$4.14M
Blend (final)
Blend
$3.39M
Owner & transaction history
490 Constitution Dr LLC · 5 yrs held
490 Constitution Dr LLC
since 2021
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
ID11 · Taunton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.5M
+56.9%
Retail stores
$4.2M
+44.7%
Apartment house (5+ units)
$4.1M
+41.2%
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 Taunton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Taunton 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
$3,515,000
ML approach
$3,560,000
CAP Approach
CAP Return
Estimation
6%
$4,160,000
6.5%
$3,840,000
7%
$3,565,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,895,000
Current use
AUTO REPAIR, GARAGE
$4,540,000
Change: +57% · Conversion: Easy
RETAIL STORES
$4,185,000
Change: +45% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$4,085,000
Change: +41% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,895,000
Change: +35% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,375,000
Change: +17% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,165,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$3.39M
Range $3.05M – $3.73M · ±10% · vs last sale $2.65M (Jun 25 2021)
Last sale anchor
$2.65M
Jun 25 2021
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
$133 / 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
$64,828
Tax year 2024
Assessed value
$2,642,800
Assessed 2024
Previous assessed
$2,541,200
+4.0% YoY
Effective rate
2.45%
On assessed value
Assessed land
$723,500
Assessed improvement
$1,919,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
4
Total area
25,512 SF
Lot
2.53 ac (110,207 SF)
Zoning code
ID11
APN
TAUN M:23 L:91 U:
UPID
US38-1373947
Jurisdiction
TAUNTON
Zoning & alternative use
ID11 · Taunton, MA
Zoning ID11 · permitted uses
ID11 · Taunton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Taunton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$4.5M
RETAIL STORES
Est. value
$4.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.9M
WAREHOUSE, STORAGE
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$3.2M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
4
Lot
2.53 ac
Current owner
From public records · entity-resolved
490 Constitution Dr LLC
Entity
Mailing address
30 SPEEN ST, FRAMINGHAM, MA 01701-4291
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2021
$2,650,000
490 Constitution Dr LLC
Caroline G Ohlson 2 LLC
Quit Claim Arm's Length For Ne States
$2,330,480 · Middlesex Savings Bank
Jan 31, 2018
—
C Gabrielle Ohlson 2 LLC
Elizabeth & John Ohlson LLC
Quit Claim Deed
—
Nov 25, 2013
$960,000
Elizabeth&john Ohlson LLC
Triple S Realty LLC
Quit Claim Deed
—
Jul 20, 2009
—
Triple S Realty LLC
—
Deed Of Trust
related
$50,000 · Richard N Stern
Sep 26, 2005
$99,650
Deal RT
Taunton Dev Corp
Grant Deed
—
Sep 10, 2004
—
Triple S Realty LLC
—
Deed Of Trust
related
$348,000 · South Eastern Econ Dev Corp
Aug 6, 2004
$720,000
Caroline G Ohlson LP
Deal RT
Grant Deed
$419,600 · Bristol County Savings Bank
Aug 6, 2004
—
Triple S Realty LLC
—
Grant Deed
related
$335,700 · Bristol County Savings Bank
Mar 25, 2004
—
Deal RT
—
Deed Of Trust
related
$1,200,000 · First Federal Savings
—
—
John Ohlson LLC
—
Deed Of Trust
related
$868,000 · Bank Of America
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 490 Constitution Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
