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Property profile & analytics
OFF-MARKET
Estimated value
$4,755,000
Motels
625 Betty Spg Rd, Gardner, MA 01440-2400
Entity Owned
25-yr Hold
Free & Clear
Property ID
US38-1039554
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1985
Construction
FRAME
Total area
80,507 SF
Lot
8.87 ac (386,377 SF)
APN
GARD M:X17 B:2 L:7
UPID
US38-1039554
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
-
Colonial Hotel Hotel & Motel
-
The Colonial Grille Hotel & Motel
-
Conference Center Conference Center Trade Show Venue
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.03M
Blend (final)
Blend
$4.76M
Owner & transaction history
Cb&b INC · 25 yrs held
Cb&b INC
since 2001
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$6.8M
+60.2%
Commercial (general)
$6.0M
+40.1%
Apartment house (5+ units)
$5.1M
+19.1%
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 Gardner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gardner 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
HOTEL/MOTEL
$4,265,000
Current use
RETAIL STORES
$6,830,000
Change: +60% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,975,000
Change: +40% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,080,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$4.76M
Range $4.28M – $5.23M · ±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
$59 / 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
$100,003
Tax year 2024
Assessed value
$6,671,300
Assessed 2024
Previous assessed
$6,671,300
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$529,500
Assessed improvement
$6,141,800
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1985
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
2
Bathrooms
2
Total area
80,507 SF
Lot
8.87 ac (386,377 SF)
APN
GARD M:X17 B:2 L:7
UPID
US38-1039554
Jurisdiction
GARDNER
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
HOTEL/MOTEL Current
Est. value
$4.3M
RETAIL STORES
Est. value
$6.8M
COMMERCIAL (GENERAL)
Est. value
$6.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.1M
HOTEL/MOTEL Current
RETAIL STORES
COMMERCIAL (GENERAL)
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
1985
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
2
Bathrooms
2
Lot
8.87 ac
Current owner
From public records · entity-resolved
Cb&b INC
Entity
Free & Clear · 25 yrs held
Mailing address
625 BETTY SPG RD, GARDNER, MA 01440-2400
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2013
—
C B&b INC
—
Deed Of Trust
related
$2,200,000 · Avidia Bank
Feb 23, 2001
$75,000
Cb&b INC
Compaq Computer Corp
Grant Deed
—
Jul 14, 1998
$1,650,000
Bsr RT
Holbrook,david B
Grant Deed
$450,000 · Zenon Grzybowski
Jan 31, 1996
$60,000
Digital Equimpent Corp
Currie RT
Grant Deed
—
Sep 27, 1991
$370,000
David B Holbrook
Betty Spring Hotel &
Grant Deed
—
Feb 5, 1988
$62,000
Currie,r B Tr
No Amer Consolidate
Grant Deed
—
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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