New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,515,000
Showrooms
55 Mead St, Seekonk, MA 02771-5913
Entity Owned
~
Est. High Equity
Property ID
US38-1652252
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1986
Total area
36,390 SF
Lot
2.89 ac (125,976 SF)
Zoning code
I
APN
SEEK M:0070 B:0000 L:03360
UPID
US38-1652252
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
-
Conlon Containers Freight Service
-
Conlon Moving & Storage Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.52M
Owner & transaction history
55 Mead LLC
55 Mead LLC
since 2025
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
I · Seekonk, 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 Seekonk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seekonk 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
$1,710,000
ML approach
$1,755,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.52M
Range $1.36M – $1.67M · ±10% · vs last sale $1.30M (Sep 11 2020)
Last sale anchor
$1.30M
Sep 11 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
$42 / 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
$42,365
Tax year 2024
Assessed value
$1,589,100
Assessed 2024
Previous assessed
$1,589,100
+0.0% YoY
Effective rate
2.67%
On assessed value
Assessed land
$399,900
Assessed improvement
$1,189,200
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1986
Heating
NONE
Buildings
2
Stories
1
Total area
36,390 SF
Lot
2.89 ac (125,976 SF)
Zoning code
I
APN
SEEK M:0070 B:0000 L:03360
UPID
US38-1652252
Jurisdiction
SEEKONK
Zoning & alternative use
I · Seekonk, MA
Zoning I · permitted uses
I · Seekonk, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seekonk. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Stories
1
Buildings
2
Lot
2.89 ac
Current owner
From public records · entity-resolved
55 Mead LLC
Entity
Mailing address
55 MEAD ST, SEEKONK, MA 02771-5913
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2025
$5,250,000
55 Mead LLC
55 Mead St Seekonk Rlty L
Deed
$1 · Androscoggin Bank
Oct 27, 2025
—
55 Mead St Seekonk Rlty L
Conlon Realty LLC
Quitclaim Deed
related
—
Sep 11, 2020
$1,300,000
55 Mead St Seekonk Rlty
Conlon Realty Co 2 INC
Quit Claim Arm's Length For Ne States
$650,000 · St Marys Credit Union
May 24, 2007
—
Colony Realty LLC
—
Deed Of Trust
related
$500,000 · Navigant Cu
Sep 26, 2003
—
Conlon Realty Co INC
—
Deed Of Trust
related
$660,000 · Natcon Properties T
Jul 9, 1993
—
Conlon Rlty Co II INC
—
Deed Of Trust
related
$800,000 · Zenon Grzybowski
Oct 8, 1992
$1,000,000
Conlon Rlty Co II INC
Natcon Prop T
Grant Deed
—
Oct 8, 1992
—
Conlon Rlty Co II INC
—
Deed Of Trust
related
$800,000 · Natcon Prop T
Dec 29, 1988
$3,000
Wm C Trs
Natcon Properties
Grant Deed
related
—
May 13, 1988
$200,000
Natcon Properties Tr
Marshall,john L III
Grant Deed
$180,000 · Fleet National Bank
Jul 31, 1987
$470,000
Natcon Prop Trust
Tnt Pilot INC
Grant Deed
$460,000 · Fleet National Bank
—
—
Conlon Realty Co 2 INC
—
Deed Of Trust
related
$390,000 · Navigant Cu
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?”
You own 55 Mead St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
