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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Retail properties & Spaces
537 Winthrop St, Rehoboth, MA 02769-1205
Entity Owned
~
Est. High Equity
Property ID
US38-0466329
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,760 SF
Lot
1.6 ac (69,583 SF)
APN
REHO M:00031 B:0017A
UPID
US38-0466329
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
-
P.G.R. CONSTRUCTION, INC. Construction Company
-
Rehoboth Wine & Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$564k
Blend (final)
Blend
$520k
Owner & transaction history
Winthrop St Holdings LLC
Winthrop St Holdings LLC
since 2026
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$490,000
+8.5%
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 Rehoboth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rehoboth 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$455,000
Current use
AUTO REPAIR, GARAGE
$490,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$420,000
Change: -7% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$420,000
Change: -7% · Conversion: Moderate
COMMERCIAL (GENERAL)
$410,000
Change: -9% · Conversion: Easy
WAREHOUSE, STORAGE
$365,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$188 / 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
$4,550
Tax year 2024
Assessed value
$400,500
Assessed 2024
Previous assessed
$400,500
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$139,600
Assessed improvement
$260,900
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
2
Bathrooms
1
Total area
2,760 SF
Lot
1.6 ac (69,583 SF)
APN
REHO M:00031 B:0017A
UPID
US38-0466329
Jurisdiction
REHOBOTH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$455,000
AUTO REPAIR, GARAGE
Est. value
$490,000
OFFICE BUILDING
Est. value
$420,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$420,000
COMMERCIAL (GENERAL)
Est. value
$410,000
WAREHOUSE, STORAGE
Est. value
$365,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
2
Bathrooms
1
Lot
1.6 ac
Current owner
From public records · entity-resolved
Winthrop St Holdings LLC
Entity
Mailing address
537 WINTHROP ST, REHOBOTH, MA 02769-1205
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2026
—
Winthrop St Holdings LLC
537 Winthrop St T
Deed
—
Sep 30, 2013
$350,000
Winthrop Street T 537
Azevedo,rui M & Elsa M
Quit Claim Deed
$280,000 · First Citizens Cu
Jan 4, 2005
$375,000
Azevedo,rui M
Medina,john B
Grant Deed
$250,000 · Isaltina Medina
Jan 4, 2005
—
Azevedo,rui M
—
Grant Deed
related
$50,000 · Isaltina Medina
Feb 25, 1998
$110,000
John Medina
Cohen,howard
Grant Deed
—
Dec 18, 1997
$500,000
Cham 529 Winthrop Herb
Medina,john
Grant Deed
—
Mar 10, 1988
$50,000
John Medina
Demattos,arthur
Grant Deed
$30,000 · 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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