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Property profile & analytics
OFF-MARKET
Medical Office Space
60 Gardner St Groveland, MA 01834-1211
Individually Owned
~
Est. High Equity
Property ID
US38-0482294
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1990
Construction
FRAME
Total area
2,605 SF
Lot
0.2 ac (8,921 SF)
Zoning code
LB
APN
GROV M:16 B:066 L:0
UPID
US38-0482294
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
-
Groveland Family Dental Center Dental Office
-
Min Kim Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
34 Bridge Rd RT
34 Bridge Rd RT
since 2026
7 recorded transactions
Zoning & alternative use
LB · Groveland, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
own line, along the Industrial I Zone, about 550 feet to the west side line of Salem Street; thence in a southeasterly direction along Salem Street about 320 feet to the point of beginning. E. Limited Business District (LB). (1) The Limited Business Zone shall extend to a depth of 125 feet when measured from the following line: [The Limited Business Zone sha…
Zone name
Limited Business
General category
COMMERCIAL
Zone area
2.07 ac
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 Groveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Groveland 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,654
Tax year 2024
Assessed value
$565,300
Assessed 2024
Previous assessed
$534,100
+5.8% YoY
Effective rate
1.35%
On assessed value
Assessed land
$179,100
Assessed improvement
$386,200
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1990
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
4
Total area
2,605 SF
Lot
0.2 ac (8,921 SF)
Zoning code
LB
APN
GROV M:16 B:066 L:0
UPID
US38-0482294
Jurisdiction
GROVELAND
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
LB · Groveland, MAZoning LB · permitted uses
LB · Groveland, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
own line, along the Industrial I Zone, about 550 feet to the west side line of Salem Street; thence in a southeasterly direction along Salem Street about 320 feet to the point of beginning. E. Limited Business District (LB). (1) The Limited Business Zone shall extend to a depth of 125 feet when measured from the following line: [The Limited Business Zone shall be on the southeasterly side of Elm Park] beginning at the intersection of the
Zone name
Limited Business
General category
COMMERCIAL
Zone area
2.07 ac
Building & site characteristics
From public records
Year built
1990
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
4
Lot
0.2 ac
Current owner
From public records · entity-resolved
34 Bridge Rd RT
Individual
Mailing address
60 GARDNER ST, GROVELAND, MA 01834-1211
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2026
$1,615,000
34 Bridge Rd RT
60 Fardner St Relaty LLC
Quitclaim Deed
$200,000
Sep 5, 2008
$1
60 Gardner St Rlty LLC
Drake,diane J
Grant Deed
—
Dec 8, 2004
—
William H Darke
—
Deed Of Trust
related
$328,000 · Georgetown Savings Bank
May 10, 2002
—
William H Darke
—
Deed Of Trust
related
$250,000 · Lawrence Savings Bank
Aug 31, 2001
$240,000
William H Darke
Darke,billy H
Grant Deed
related
—
Apr 24, 1990
—
Billy H Darke
—
Deed Of Trust
related
$200,000 · Georgetown Savings Bank
—
—
60 Gardner St Rlty LLC
—
Deed Of Trust
related
$448,000 · Touchstone Cap Pa
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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