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Property profile & analytics
OFF-MARKET
Industrial properties
63 Western Ave, Framingham, MA 01702-7403
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US38-0782279
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,509,828 SF
Lot
108.84 ac (4,741,070 SF)
Zoning code
M
APN
FRAM M:146 B:00 L:0656 U:000
UPID
US38-0782279
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
-
ADESA Boston Car Dealership
-
Carvana Framingham Inspection Center Car Dealership
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
Auto Dealers Exchange Of · 2 yrs held
Auto Dealers Exchange Of
since 2024
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
M · Framingham, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Framingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Framingham 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 2020Property tax & assessments
Tax year 2020
Tax billed
$759,131
Tax year 2020
Assessed value
$28,237,800
Assessed 2024
Previous assessed
$28,237,800
+0.0% YoY
Effective rate
2.69%
On assessed value
Assessed land
$5,812,100
Assessed improvement
$22,425,700
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
2
Stories
1
Units
2
Rooms
1
Bathrooms
8
Total area
1,509,828 SF
Lot
108.84 ac (4,741,070 SF)
Zoning code
M
APN
FRAM M:146 B:00 L:0656 U:000
UPID
US38-0782279
Jurisdiction
FRAMINGHAM
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
M · Framingham, MA
Zoning M · permitted uses
M · Framingham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Framingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Buildings
2
Units
2
Rooms
1
Bathrooms
8
Lot
108.84 ac
Current owner
From public records · entity-resolved
Auto Dealers Exchange Of
Individual
Mailing address
300 E RIO SALADO PKWY, TEMPE, AZ 85281-0800
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Jun 11, 2024
—
Auto Dealers Exchange Of
Asset Holdings III LP
Quit Claim Deed
related
$1 · Us Bank NA
Jan 4, 2024
—
Auto Dealers Exchange Of
Asset Holdings III LP
Quit Claim Deed
related
$1 · Us Bank NA
Feb 15, 2023
$500,000
Village West Realty LLC
First Western LLC
Quit Claim Arm's Length For Ne States
—
Jul 26, 2017
$35,000
First Western LLC
Racer Properties LLC
Quit Claim Deed
—
Mar 8, 1995
$809,600
Asset Holdings 3 LP
Anchor Motor Freight
Grant Deed
related
—
Dec 21, 1994
$8,150,000
Holdings Asset III
General Motors Corp
Grant Deed
related
—
Aug 13, 1990
$352,000
Consolidated Rail Corp
General Motors Corp
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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