Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Investment properties
612 Pleasant St Paxton, MA 01612-1365
Individually Owned
Property ID
US38-0572063
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1738
Total area
4,358 SF
Lot
1.34 ac (58,314 SF)
Zoning code
R2
APN
PAXT M:00019 L:00163
UPID
US38-0572063
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$591k
Blend (final)
Blend
$545k
Owner & transaction history
Wang Ft
Wang Ft
since 2025
5 recorded transactions
Zoning & alternative use
R2 · Paxton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$745,000
+55.4%
Retail stores
$635,000
+32.8%
Neighborhood: shopping center
$550,000
+14.8%
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 Paxton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paxton 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$480,000
Current use
AUTO REPAIR, GARAGE
$745,000
Change: +55% · Conversion: Difficult
RETAIL STORES
$635,000
Change: +33% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$550,000
Change: +15% · Conversion: Difficult
OFFICE BUILDING
$545,000
Change: +13% · Conversion: Easy
WAREHOUSE, STORAGE
$435,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$545k
Range $491k – $600k · ±10%
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
$125 / 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
$9,070
Tax year 2024
Assessed value
$564,400
Assessed 2024
Previous assessed
$564,400
+0.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$103,600
Assessed improvement
$460,800
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1738
Heating
FORCED AIR
Buildings
1
Stories
2
Units
2
Rooms
10
Bathrooms
3
Total area
4,358 SF
Lot
1.34 ac (58,314 SF)
Zoning code
R2
APN
PAXT M:00019 L:00163
UPID
US38-0572063
Jurisdiction
PAXTON
Zoning & alternative use
R2 · Paxton, MAZoning R2 · permitted uses
R2 · Paxton, MA
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
$480,000
AUTO REPAIR, GARAGE
Est. value
$745,000
RETAIL STORES
Est. value
$635,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$550,000
OFFICE BUILDING
Est. value
$545,000
WAREHOUSE, STORAGE
Est. value
$435,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1738
Heating
FORCED AIR
Stories
2
Buildings
1
Units
2
Rooms
10
Bathrooms
3
Lot
1.34 ac
Current owner
From public records · entity-resolved
Wang Ft
Individual
Mailing address
612 PLEASANT ST, PAXTON, MA 01612-1365
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 26, 2025
—
Wang Ft
Chuan Qiu
Quitclaim Deed
related
—
Sep 8, 2010
—
Hui Wang
—
Deed Of Trust
related
$360,000 · Barre Savings Bank
Mar 30, 2007
—
Chuan Qiu
—
Deed Of Trust
related
$375,000 · Barre Savings Bank
Feb 25, 2004
$400,000
Chuan Qiu
Seremeth,joseph W
Grant Deed
$379,000 · Cit Small Business Lending Co
Feb 1, 1994
—
Joseph Seremeth
—
Deed Of Trust
related
$25,000 · Peoples Bk Worcester
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 612 Pleasant 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.
