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Property profile & analytics
OFF-MARKET
Estimated value
$5,830,000
Manufacturing properties
54 York Ave Randolph, MA 02368
Entity Owned
4-yr Hold
Free & Clear
Property ID
US38-1102899
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1980
Construction
STEEL FRAME
Total area
33,780 SF
Lot
2.12 ac (92,347 SF)
Zoning code
I
APN
RAND M:26 B:B L:0161
UPID
US38-1102899
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
$6.76M
CAP Approach
CAP
$5.53M
Comparable Approach
Comparable
$7.05M
Blend (final)
Blend
$5.83M
Owner & transaction history
Lrf2 Bos York Avenue LLC · 4 yrs held
Lrf2 Bos York Avenue LLC
since 2021
Last sale
$5.2M
3 recorded transactions
Zoning & alternative use
I · Randolph, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$9.7M
+75.2%
Commercial (general)
$8.6M
+56.1%
Warehouse, storage
$5.8M
+5.4%
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 Randolph submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Randolph 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
$7,010,000
ML approach
$6,760,000
CAP Approach
CAP Return
Estimation
6%
$5,990,000
6.5%
$5,530,000
7%
$5,135,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,540,000
Current use
APARTMENT HOUSE (5+ UNITS)
$9,705,000
Change: +75% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,645,000
Change: +56% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,840,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$5.83M
Range $5.25M – $6.41M · ±10% · vs last sale $5.20M (Dec 29 2021)
Last sale anchor
$5.20M
Dec 29 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
$173 / 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
$98,794
Tax year 2024
Assessed value
$4,456,200
Assessed 2024
Previous assessed
$4,159,600
+7.1% YoY
Effective rate
2.22%
On assessed value
Assessed land
$943,300
Assessed improvement
$3,512,900
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
SPACE
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
4
Total area
33,780 SF
Lot
2.12 ac (92,347 SF)
Zoning code
I
APN
RAND M:26 B:B L:0161
UPID
US38-1102899
Jurisdiction
RANDOLPH
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
I · Randolph, MA
Zoning I · permitted uses
I · Randolph, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Randolph. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$5.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.7M
COMMERCIAL (GENERAL)
Est. value
$8.6M
WAREHOUSE, STORAGE
Est. value
$5.8M
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
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
1980
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
4
Lot
2.12 ac
Current owner
From public records · entity-resolved
Lrf2 Bos York Avenue LLC
Entity
Free & Clear · 4 yrs held
Mailing address
13218 W BROWARD BLVD, PLANTATION, FL 33325-2228
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2022
—
Lrf 2 Bos York Avenue LLC
—
Deed
related
$64,105,000 · Us Bank NA
Dec 29, 2021
$5,200,000
Lrf2 Bos York Avenue LLC
54 York Avenue LLC
Quit Claim Arm's Length For Ne States
—
Aug 5, 2016
$1,915,000
54 York Avenue LLC
Howard Trust
Quit Claim Deed
$1,540,000 · Rockland Tr
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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