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    Property profile & analytics

    54 Bodwell St Avon, MA 02322-1111

    • Warehouses
    • 69,908 SF
    • 4.64 lot acres
    OFF-MARKET
    Last Sale
    Oct 14, 2022
    $8,000,000
    Value Estimations
    $9,135,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-0684913
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Premier Diagnostics / Medical Laboratory / Radiotherapist
    • Distributor Corporation of New England / Wholesaler

    Property Details for 54 Bodwell St

    Year built
    1975
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.64 lot acres
    Property size
    69,908 SF
    Property type
    Warehouses
    APN
    AVON M: 0B5 B:002 L:002
    APU
    AVONM0B5B002L002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $8,715,000
      ML approach
      $8,695,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $15,050,000
      6.5%
      $13,890,000
      7%
      $12,900,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,651,000
      Market price range: $6.40M - $18.7M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Avon
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.0547
    Latitude
    42.126
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $114,091
    $1,248,500
    $2,849,600
    $4,098,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $905,000
      25,586 SF

      175 Bodwell St

      WAREHOUSE, STORAGE • 25,586 SF
      175 Bodwell St, Avon, MA 02322-1114
      View Details
    • Value Estimation
      $905,000
      28,700 SF

      650 Bodwell St Ext

      WAREHOUSE, STORAGE • 28,700 SF
      650 Bodwell St Ext, Avon, MA 02322-1020
      View Details
    • Value Estimation
      $860,000
      33,300 SF

      33 Wales Ave

      WAREHOUSE, STORAGE • 33,300 SF
      33 Wales Ave, Avon, MA 02322-1012
      View Details
    • Value Estimation
      $785,000
      22,140 SF

      180 Bodwell St

      WAREHOUSE, STORAGE • 22,140 SF
      180 Bodwell St, Avon, MA 02322-1115
      View Details
    • Value Estimation
      $2,530,000
      25,200 SF

      255 Bodwell St

      WAREHOUSE, STORAGE • 25,200 SF
      255 Bodwell St, Avon, MA 02322-1116
      View Details
    • Value Estimation
      $12,680,000
      88,000 SF

      525 Bodwell St Ext

      WAREHOUSE, STORAGE • 88,000 SF
      525 Bodwell St Ext, Avon, MA 02322-1015
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,000 SF

      Avon, MA Warehouse Space Available

      Flexible Industrial Space: Sale or Lease
      20 Strafello Dr, Avon, MA 02322
      View Details
    • Contact for pricing
      30,000 SF

      Avon, MA Warehouse For Sale

      30,000 SF Industrial Warehouse, 1.97 Acres
      20 Strafello Dr, Avon, MA 02322
      View Details
    • $649,000

      Randolph/Avon Commercial Land Opportunity

      Fenced lot near Route 24, zoned for business/commercial use.
      4 N Main St, Avon, MA 02322
      View Details
    • Contact for pricing

      7.1 Acre Commercial Land Available

      7.1 acre commercial land with high traffic and visibility.
      4 Stockwell Dr, Avon, MA 02322
      View Details
    • $550,000

      Avon Multifamily Renovation Opportunity

      Multifamily property in Avon, Massachusetts, with renovation and redevelopment potential.
      226 W Main St, Avon, MA 02322
      View Details
    • $949,900

      Well-Maintained Avon Multifamily Property

      Four-unit residential building with updated systems and strong income potential.
      12 W High St, Avon, MA 02322
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      12,000 SF

      Avon, MA Industrial Warehouse Space

      Modern Warehouse, R&D, Distribution Space Available
      145 Bodwell St, Avon, MA 02322
      View Details
    • Contact for pricing

      Downtown Avon Land for Lease

      Land for lease in downtown Avon, build to suit.
      108 N Main St, Avon, MA 02322
      View Details
    • Contact for pricing
      17,000 SF

      Retail Space in Avon, MA

      Retail space available in a busy Avon shopping center.
      20 Stockwell Dr, Avon, MA 02322
      View Details
    • Contact for pricing
      11,034 SF

      Retail Space in Avon Center

      Retail space available in busy Avon shopping center.
      15 Stockwell Dr, Avon, MA 02322
      View Details
    • $1,900 /Mo

      Updated Avon Office Space Available

      First floor office space with handicap access and ample parking.
      249 W Main St, Avon, MA 02322
      View Details
    • Contact for pricing
      5,200 SF

      Retail Space in Avon, MA

      Retail space with high visibility and ample parking.
      1 Harrison Blvd, Avon, MA 02322
      View Details
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    54 Bodwell St
    Avon, MA 02322-1111
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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