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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Investment properties
585 Massachusetts Ave, Acton, MA 01720-2949
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0535342
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1834
Construction
FRAME
Total area
2,403 SF
Lot
0.14 ac (5,900 SF)
APN
ACTO M:00F2A B:0087 L:0000
UPID
US38-0535342
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
-
Gerhard Frederick C Physician Medical Clinic
-
Karen Short, LICSW Psychotherapist
-
Susan Boyd Geriatric Consultants Consultant
-
megan johnson therapeutic practice Alternative Medicine Practice Spa & Massage Center
-
Susan Hunter-Jones Psychotherapist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$585k
CAP Approach
CAP
$610k
Comparable Approach
Comparable
$759k
Blend (final)
Blend
$620k
Owner & transaction history
585 Mass Ave Realty LLC · 3 yrs held
585 Mass Ave Realty LLC
since 2022
Last sale
$650,000
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$675,000
+8.9%
Neighborhood: shopping center
$665,000
+7.2%
Retail stores
$650,000
+4.3%
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 Acton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Acton 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
$605,000
ML approach
$585,000
CAP Approach
CAP Return
Estimation
6%
$660,000
6.5%
$610,000
7%
$565,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$620,000
Current use
AUTO REPAIR, GARAGE
$675,000
Change: +9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$665,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$650,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $650k (Dec 21 2022)
Last sale anchor
$650k
Dec 21 2022
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
$258 / 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
$9,037
Tax year 2024
Assessed value
$542,100
Assessed 2024
Previous assessed
$542,100
+0.0% YoY
Effective rate
1.67%
On assessed value
Assessed land
$310,000
Assessed improvement
$232,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1834
Construction
FRAME
Heating
STEAM
Cooling
YES
Buildings
1
Stories
2
Units
2
Rooms
8
Bathrooms
2
Total area
2,403 SF
Lot
0.14 ac (5,900 SF)
APN
ACTO M:00F2A B:0087 L:0000
UPID
US38-0535342
Jurisdiction
ACTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
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
COMMERCIAL (GENERAL) Current
Est. value
$620,000
AUTO REPAIR, GARAGE
Est. value
$675,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$665,000
RETAIL STORES
Est. value
$650,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1834
Construction
FRAME
Heating
STEAM
Cooling
Yes
Stories
2
Buildings
1
Units
2
Rooms
8
Bathrooms
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
585 Mass Ave Realty LLC
Entity
Mailing address
585 MASSACHUSETTS AVE, ACTON, MA 01720-2949
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2022
$650,000
585 Mass Ave Realty LLC
Stonehouse School LLC
Quit Claim Arm's Length For Ne States
$450,000 · Institution For Savings Newburyport
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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