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Property profile & analytics
OFF-MARKET
Estimated value
$4,005,000
Showrooms
60 Stergis Way, Dedham, MA 02026-2637
Entity Owned
5-yr Hold
Free & Clear
Property ID
US38-1668487
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1971
Construction
STEEL FRAME
Total area
20,000 SF
Lot
1.02 ac (44,430 SF)
Zoning code
LM
APN
DEDH M:0149 L:003A
UPID
US38-1668487
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
-
SiteOne Landscape Supply Garden Center Hardware & Home Improvement
-
Bisco Industries Inc Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.16M
CAP Approach
CAP
$2.97M
Comparable Approach
Comparable
$3.08M
Blend (final)
Blend
$4.01M
Owner & transaction history
60 Stergis Way Hldg LLC · 5 yrs held
60 Stergis Way Hldg LLC
since 2021
Last sale
$3.8M
7 recorded transactions
Zoning & alternative use
LM · Dedham, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.4M
+25.8%
Office building
$5.9M
+14.6%
Retail stores
$5.9M
+14.4%
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 Dedham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dedham 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
$5,170,000
ML approach
$5,155,000
CAP Approach
CAP Return
Estimation
6%
$3,220,000
6.5%
$2,970,000
7%
$2,760,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,120,000
Current use
AUTO REPAIR, GARAGE
$6,440,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$5,865,000
Change: +15% · Conversion: Easy
RETAIL STORES
$5,855,000
Change: +14% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$5,745,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$4.01M
Range $3.60M – $4.41M · ±10% · vs last sale $3.84M (Feb 25 2021)
Last sale anchor
$3.84M
Feb 25 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
$200 / 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
$60,717
Tax year 2024
Assessed value
$2,346,100
Assessed 2024
Previous assessed
$2,147,500
+9.2% YoY
Effective rate
2.59%
On assessed value
Assessed land
$552,700
Assessed improvement
$1,793,400
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1971
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
4
Total area
20,000 SF
Lot
1.02 ac (44,430 SF)
Zoning code
LM
APN
DEDH M:0149 L:003A
UPID
US38-1668487
Jurisdiction
DEDHAM
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
LM · Dedham, MA
Zoning LM · permitted uses
LM · Dedham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dedham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$6.4M
OFFICE BUILDING
Est. value
$5.9M
RETAIL STORES
Est. value
$5.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.7M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1971
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
4
Lot
1.02 ac
Current owner
From public records · entity-resolved
60 Stergis Way Hldg LLC
Entity
Free & Clear · 5 yrs held
Mailing address
10 NEWBURY ST, BOSTON, MA 02116-3204
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2021
—
60 Stergis Way Hldg LLC
—
Deed
related
$2,807,010 · Harborone Bank
Feb 25, 2021
$3,835,360
60 Stergis Way Hldg LLC
60 Stergis Way LLC
Quit Claim Arm's Length For Ne States
—
Jun 13, 2018
—
60 Stergis Way LLC
—
Deed
related
$1,950,000 · Country Bank
Jul 23, 2015
$2,200,000
60 Stergis Way LLC
Ramey,john P
Quit Claim Deed
$1,907,320 · Shem Crk E Boston Hg
Jul 23, 2015
—
John P Ramey
Newood Trust
Quit Claim Deed
related
—
Aug 15, 2003
—
Newood RT
—
Deed Of Trust
related
$645,000 · Gary Needham
May 12, 1999
—
Newood RT
—
Deed Of Trust
related
$481,025 · Gary Needham
Sep 1, 1995
$950,000
Newood RT
Daron RT
Grant Deed
$477,500 · Fleet National Bank
Sep 1, 1995
—
Newood RT
—
Deed Of Trust
related
$368,000 · Fleet National Bank
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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