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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Office Spaces
495 Main St Ste A Groton, MA 01450-4253
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US38-1817361
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2004
Construction
FRAME
Total area
3,283 SF
Zoning code
B1
APN
GROT M:216 B:1 L:3A
UPID
US38-1817361
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
-
Groton Wellness ~ Dental, Orthodontics, Medical, Spa & Cafe Spa & Massage Center Alternative Medicine Practice
-
Main House Restaurant
-
Dr. G R. Evans, DMD Dental Office
-
Samantha Bogle Dental Office
-
Jacqueline Lucero Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$720k
Blend (final)
Blend
$760k
Owner & transaction history
Evans & Nordin LLC · 21 yrs held
Evans & Nordin LLC
since 2004
2 recorded transactions
Zoning & alternative use
B1 · Groton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$925,000
+28.6%
Neighborhood: shopping center
$910,000
+26.6%
Retail stores
$885,000
+23.2%
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 Groton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Groton 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$720,000
Current use
AUTO REPAIR, GARAGE
$925,000
Change: +29% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$910,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$885,000
Change: +23% · Conversion: Moderate
COMMERCIAL (GENERAL)
$850,000
Change: +18% · Conversion: Easy
Blend value · Realmo final
$760k
Range $684k – $836k · ±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
$231 / 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
$8,149
Tax year 2024
Assessed value
$540,000
Assessed 2024
Previous assessed
$492,700
+9.6% YoY
Effective rate
1.51%
On assessed value
Assessed improvement
$540,000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2004
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Rooms
16
Bathrooms
5
Total area
3,283 SF
Zoning code
B1
APN
GROT M:216 B:1 L:3A
UPID
US38-1817361
Jurisdiction
GROTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
B1 · Groton, MA
Zoning B1 · permitted uses
B1 · Groton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Groton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$720,000
AUTO REPAIR, GARAGE
Est. value
$925,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$910,000
RETAIL STORES
Est. value
$885,000
COMMERCIAL (GENERAL)
Est. value
$850,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Rooms
16
Bathrooms
5
Current owner
From public records · entity-resolved
Evans & Nordin LLC
Entity
Mailing address
495 MAIN ST STE A, GROTON, MA 01450-4253
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2008
—
Evans&nordin LLC
—
Deed Of Trust
related
$657,000 · Monadnock Bank Nh
Nov 24, 2004
$493,000
Evans & Nordin LLC
Ryan Dev LLC
Grant Deed
$606,000 · Monadnock Bank Nh
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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