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Property profile & analytics
FOR LEASE
Office buildings
55 Accord Park Dr, Rockland, MA 02370
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-1187148
For Lease
1 / 11
$19 SF/Yr
55 Accord Park Dr, Rockland, MA 02370
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
25,620 SF
Lot
1.29 ac (56,192 SF)
Zoning code
BUSINE
APN
ROCK M:5 B:0 L:10
UPID
US38-1187148
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
-
New York Life Insurance Co Insurance Agency
-
Postalytics (Bike/Boat/Book/etc) Store Corporate Office
-
Boingnet (Bike/Boat/Book/etc) Store Corporate Office
-
Able Home Care Home Health Care Service
-
Beacon Assessment Center - Rockland Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.12M
Owner & transaction history
Rockland Brick Bldg · 6 yrs held
Rockland Brick Bldg
since 2020
Last sale
$785,000
7 recorded transactions
Zoning & alternative use
BUSINE · Rockland, 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 Rockland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockland 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
$935,000
ML approach
$1,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.12M
Range $1.01M – $1.23M · ±10% · vs last sale $785k (Jun 16 2020)
Last sale anchor
$785k
Jun 16 2020
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
$44 / 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
$39,527
Tax year 2024
Assessed value
$2,811,300
Assessed 2024
Previous assessed
$2,525,300
+11.3% YoY
Effective rate
1.41%
On assessed value
Assessed land
$293,500
Assessed improvement
$2,517,800
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Total area
25,620 SF
Lot
1.29 ac (56,192 SF)
Zoning code
BUSINE
APN
ROCK M:5 B:0 L:10
UPID
US38-1187148
Jurisdiction
ROCKLAND
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
BUSINE · Rockland, MA
Zoning BUSINE · permitted uses
BUSINE · Rockland, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rockland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
1.29 ac
Current owner
From public records · entity-resolved
Rockland Brick Bldg
Individual
Mailing address
3340 SE FEDERAL HWY #240, STUART, FL 34997-4914
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2020
—
Rockland Brick Bldg
Accord Pk T 55
Quit Claim Deed
related
—
Oct 15, 1997
—
Accord Park T 55
—
Deed Of Trust
related
$2,000,000 · Gary Needham
Nov 3, 1994
—
Accord Park T 55
—
Deed Of Trust
related
$1,000,000 · First Trade Union Savings Bank
May 6, 1993
—
Five Accord Pk T Fifty
—
Deed Of Trust
related
$850,000 · First Trade Union Savings Bank
Dec 26, 1991
$785,000
Accord Park T 55
Nwe INC
Grant Deed
$785,000 · Zwi Kohorn
Aug 23, 1990
$1,450,000
Bk Of New England NA
Rose-mal Accord RT
Grant Deed
related
—
Jun 2, 1989
—
Mile Six Art
—
Deed Of Trust
related
$250,000 · Grove Bank
Apr 12, 1989
$1,950,000
Mile Six RT
Rose Mal Accord RT
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.
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