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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Gas stations
505 Grand Army Hwy Somerset, MA 02726-1208
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US38-1611818
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
2004
Total area
3,742 SF
Lot
1.3 ac (56,628 SF)
Zoning code
C
APN
SOME M:0A9 L:0234
UPID
US38-1611818
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
$520k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$635k
Blend (final)
Blend
$575k
Owner & transaction history
Reds Somerset INC · 22 yrs held
Reds Somerset INC
since 2003
7 recorded transactions
Zoning & alternative use
C · Somerset, MA
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 Somerset submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Somerset 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
$520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$154 / 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
$33,457
Tax year 2024
Assessed value
$1,313,600
Assessed 2024
Previous assessed
$1,245,500
+5.5% YoY
Effective rate
2.55%
On assessed value
Assessed land
$343,500
Assessed improvement
$970,100
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
2004
Heating
CENTRAL
Buildings
2
Stories
1
Units
1
Total area
3,742 SF
Lot
1.3 ac (56,628 SF)
Zoning code
C
APN
SOME M:0A9 L:0234
UPID
US38-1611818
Jurisdiction
SOMERSET
Zoning & alternative use
C · Somerset, MA
Zoning C · permitted uses
C · Somerset, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Somerset. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
CENTRAL
Stories
1
Buildings
2
Units
1
Lot
1.3 ac
Current owner
From public records · entity-resolved
Reds Somerset INC
Entity
Mailing address
200 BROADWAY, FALL RIVER, MA 02721-1108
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2023
—
Reds Somerset INC
—
Deed
related
$4,500,000 · Baycoast Bank
May 23, 2016
—
Reds Somerset INC
—
Deed
related
$5,300,000 · St Anne's Cu
Apr 8, 2014
—
Reds Somerset INC
—
Deed Of Trust
related
$250,000 · Jobs For Fall River
Jul 6, 2011
—
Reds Somerset INC
—
Deed Of Trust
related
$177,680 · Drake Petroleum Company INC
Dec 31, 2009
—
Reds Somerset INC
—
Deed Of Trust
related
$110,000 · Rockland Trust Co
Jun 24, 2004
—
Reds Somerset INC
—
Deed Of Trust
related
$1,560,000 · Slades Ferry Trust Co
Dec 16, 2003
—
Reds Somerset INC
—
Deed Of Trust
related
$200,000 · Drake Petroleum Co In
Oct 27, 2003
$750,000
Reds Somerset INC
Kfc Somerset Rlty LLC
Grant Deed
$450,000 · Slades Ferry Trust Co
—
—
Reds Somerset INC
—
Deed Of Trust
related
$5,300,000 · St Anne's Cu
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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