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Property profile & analytics
FOR LEASE
Warehouses
530 Turnpike St, Canton, MA 02021
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0433390
For Lease
1 / 3
$20,905,000
530 Turnpike St, Canton, MA 02021
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
168,224 SF
Lot
11.83 ac (515,315 SF)
Zoning code
LI
APN
CANT M:91 P:1
UPID
US38-0433390
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
-
NEFCO Corporation Factory Industrial Manufacturer
-
Neci Canton Industrial Manufacturer Production Facility
-
Relaxation Ritual Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$23.09M
Blend (final)
Blend
$20.91M
Owner & transaction history
Atlantic Oliver 2 Tpke St · 4 yrs held
Atlantic Oliver 2 Tpke St
since 2021
Last sale
$19.8M
4 recorded transactions
Zoning & alternative use
LI · Canton, 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 Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canton 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
$26,625,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$29,020,000
Current use
INDUSTRIAL (GENERAL)
$27,580,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$20.91M
Range $18.81M – $23.00M · ±10% · vs last sale $19.75M (Sep 16 2021)
Last sale anchor
$19.75M
Sep 16 2021
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
$124 / 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
$382,612
Tax year 2024
Assessed value
$18,394,800
Assessed 2024
Previous assessed
$18,394,800
+0.0% YoY
Effective rate
2.08%
On assessed value
Assessed land
$3,122,800
Assessed improvement
$15,272,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Buildings
1
Stories
1
Total area
168,224 SF
Lot
11.83 ac (515,315 SF)
Zoning code
LI
APN
CANT M:91 P:1
UPID
US38-0433390
Jurisdiction
CANTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
LI · Canton, MA
Zoning LI · permitted uses
LI · Canton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Canton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$29.0M
INDUSTRIAL (GENERAL)
Est. value
$27.6M
WAREHOUSE, STORAGE Current
INDUSTRIAL (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
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GAS
Stories
1
Buildings
1
Lot
11.83 ac
Current owner
From public records · entity-resolved
Atlantic Oliver 2 Tpke St
Individual
Mailing address
125 HIGH ST STE #220, BOSTON, MA 02110-2737
Ownership since
2021
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
Sep 16, 2021
$19,750,000
Atlantic Oliver 2 Tpke St
Mccoy RT
Quit Claim Arm's Length For Ne States
$16,140,000 · Bar Harbor Bank & Trust Co
May 13, 1993
—
Mccoy RT
—
Deed Of Trust
related
$750,000 · South Shore Econo Dev
Feb 24, 1993
$3,437,500
Mccoy RT
R & J RT
Grant Deed
$1,069,601 · Shawmut Bank Of Boston
Jul 23, 1992
$925,000
R RT
Hua,henry
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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