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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Investment properties
5 Railroad Ave, Rowley, MA 01969-1202
Entity Owned
2-yr Hold
Property ID
US38-0178099
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1865
Total area
1,044 SF
Lot
0.64 ac (27,806 SF)
APN
ROWL M:0027 B:0122 L:0000
UPID
US38-0178099
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
-
Casey J's Tavern + American BBQ Catering Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.03M
Owner & transaction history
5 Railroad LLC · 2 yrs held
5 Railroad LLC
since 2023
Last sale
$1.1M
7 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 Rowley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rowley 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
$875,000
ML approach
$1,040,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±10% · vs last sale $1.10M (Nov 1 2023)
Last sale anchor
$1.10M
Nov 1 2023
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
$987 / 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
$6,881
Tax year 2024
Assessed value
$568,700
Assessed 2024
Previous assessed
$568,700
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$153,200
Assessed improvement
$415,500
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1865
Heating
HOT WATER
Buildings
2
Stories
3
Units
1
Rooms
5
Bathrooms
2
Total area
1,044 SF
Lot
0.64 ac (27,806 SF)
APN
ROWL M:0027 B:0122 L:0000
UPID
US38-0178099
Jurisdiction
ROWLEY
Metro division
ESSEX COUNTY, 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
1865
Heating
HOT WATER
Stories
3
Buildings
2
Units
1
Rooms
5
Bathrooms
2
Lot
0.64 ac
Current owner
From public records · entity-resolved
5 Railroad LLC
Entity
Mailing address
5 RAILROAD AVE, ROWLEY, MA 01969-1202
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2023
$1,100,000
5 Railroad LLC
Barbeque T
Quit Claim Arm's Length For Ne States
$880,000 · North Shore Bank
Mar 6, 2020
—
Barbeque T
—
Deed
related
$100,000 · Institution For Savings Newburyport
Feb 13, 2020
—
Barbeque T
—
Deed
related
$636,000 · Institution For Savings Newburyport
Oct 10, 2008
—
T Barbeque
—
Deed Of Trust
related
$50,000 · Georgetown Savings Bank
May 15, 2008
—
T Barbeque
—
Deed Of Trust
related
$500,000 · Georgetown Savings Bank
Jan 14, 2004
$399,085
T Barbeque
Peoples Comprehensive Mtg
Grant Deed
$320,000 · North Shore Bank
Jan 14, 2004
$167,500
Comprehensive Mtg Peoples
Pagiatakis,tasos
Grant Deed
related
—
Apr 9, 2002
—
People Mtg LLC
—
Deed Of Trust
related
$125,000 · Wainwright Bank & Trust Co
Mar 30, 2000
$167,500
Peop Comprehensive Mtg
Pagiatakis,tasos
Grant Deed
related
—
Oct 27, 1992
—
Tasos Pagiatakis
—
Deed Of Trust
related
$195,000 · First Colonial Bank Saving
Nov 25, 1987
$275,000
Tasos Pagiatakis
Dolan,jeffrey M
Grant Deed
$70,000 · Zenon Grzybowski
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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