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Property profile & analytics
OFF-MARKET
Commercial real estate
5 Independence Rd, Kingston, MA 02364-1251
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US38-1396015
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2002
Construction
FRAME
Total area
2,048 SF
Lot
10.02 ac (436,471 SF)
APN
KING M:0012 B:0002 L:1
UPID
US38-1396015
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Extra Space Props 101 · 11 yrs held
Extra Space Props 101
since 2015
4 recorded transactions
Zoning & alternative use
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 Kingston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kingston 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$54,056
Tax year 2024
Assessed value
$4,253,000
Assessed 2024
Previous assessed
$4,352,600
-2.3% YoY
Effective rate
1.27%
On assessed value
Assessed land
$1,450,000
Assessed improvement
$2,803,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2002
Construction
FRAME
Heating
NONE
Cooling
YES
Buildings
9
Stories
2
Units
2
Total area
2,048 SF
Lot
10.02 ac (436,471 SF)
APN
KING M:0012 B:0002 L:1
UPID
US38-1396015
Jurisdiction
KINGSTON
Metro division
BOSTON-QUINCY, 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
Building & site characteristics
From public records
Year built
2002
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
9
Units
2
Lot
10.02 ac
Current owner
From public records · entity-resolved
Extra Space Props 101
Individual
Mailing address
6890 S 2300TH E, SALT LAKE CITY, UT 84171-6001
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2015
—
Extra Space Props 101
Esp 7 Subsidiary LLC
Quit Claim Deed
related
$63,000,000 · Td Bank NA
Nov 9, 2007
$1
Esp Seven Subsidiary LLC
Allen,charles L
Grant Deed
—
Nov 9, 2007
—
Esp Seven Subsidiary LLC
—
Deed Of Trust
related
$100,000,000 · General Electric Capital Corp
Sep 16, 2004
—
Extra Space Kingston LLC
—
Deed Of Trust
related
$100,000,000 · Wells Fargo Mortgage
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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