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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Retail space
504 Main St Medfield, MA 02052-2515
Entity Owned
8-yr Hold
Free & Clear
Property ID
US38-1532215
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1923
Construction
CONCRETE
Total area
3,450 SF
Lot
0.32 ac (13,804 SF)
Zoning code
B
APN
MEDF M:0043 B:0000 L:0150
UPID
US38-1532215
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
-
NE Moves Mortgage Loan Service Bank
-
Park Street Books & Toys plus The Pottery Place (Bike/Boat/Book/etc) Store
-
Art Studio 109 Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$905k
Comparable Approach
Comparable
$562k
Blend (final)
Blend
$830k
Owner & transaction history
Booker T LLC · 8 yrs held
Booker T LLC
since 2018
6 recorded transactions
Zoning & alternative use
B · Medfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+10.0%
Office building
$1.0M
+0.2%
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 Medfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Medfield 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%
$980,000
6.5%
$905,000
7%
$840,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,010,000
Current use
AUTO REPAIR, GARAGE
$1,110,000
Change: +10% · Conversion: Difficult
OFFICE BUILDING
$1,010,000
Change: +0% · Conversion: Easy
COMMERCIAL (GENERAL)
$885,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$830k
Range $747k – $913k · ±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
$241 / 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
$13,836
Tax year 2024
Assessed value
$945,100
Assessed 2024
Previous assessed
$945,100
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$533,400
Assessed improvement
$411,700
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1923
Construction
CONCRETE
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
7
Units
2
Bathrooms
5
Total area
3,450 SF
Lot
0.32 ac (13,804 SF)
Zoning code
B
APN
MEDF M:0043 B:0000 L:0150
UPID
US38-1532215
Jurisdiction
MEDFIELD
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
B · Medfield, MA
Zoning B · permitted uses
B · Medfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Medfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$885,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1923
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
7
Buildings
1
Units
2
Bathrooms
5
Lot
0.32 ac
Current owner
From public records · entity-resolved
Booker T LLC
Entity
Free & Clear · 8 yrs held
Mailing address
504 MAIN ST, MEDFIELD, MA 02052-2515
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2022
—
Booker T LLC
—
Deed
related
$640,000 · Citizens Bank
Mar 2, 2018
—
Booker T LLC
James,jimmy L & Teresa J
Quit Claim Deed
related
—
Dec 21, 2012
$895,000
Jimmy L James
504 Main Street T
Grant Deed
$745,000 · 504 Main Street RT
Feb 7, 2002
$510,000
Main Street RT
Larkin,robert J
Grant Deed
$384,000 · Foxboro Savings Bank
Mar 24, 1997
—
Robert J Larkin
—
Deed Of Trust
related
$255,000 · Medway Savings Bank
Feb 2, 1988
—
Robert J Larkin
—
Deed Of Trust
related
$172,000 · Needham Cp Bank
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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