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Property profile & analytics
FOR LEASE
Office buildings
639 Granite St Braintree, MA 02184
Entity Owned
25-yr Hold
Free & Clear
Property ID
US38-1017579
For Lease
1 / 22
$13,240,000
639 Granite St, Braintree, MA 02184
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Construction
STEEL FRAME
Total area
75,795 SF
Lot
3.57 ac (155,509 SF)
Zoning code
IND
APN
BRAI M:2048 B:0 L:15A
UPID
US38-1017579
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
-
PBSC-INC Production Facility
-
Hapag-Lloyd America Inc Shipping Company Freight Service
-
Paramount Property Management Property Management Company
-
Council of Juvenile Correctional Administrators (CJCA) Charitable Organization Social Service Agency
-
Lauren Gaskill, Ph.D. Counselor Health
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.86M
Blend (final)
Blend
$13.24M
Owner & transaction history
Granite LLC · 25 yrs held
Granite LLC
since 2001
7 recorded transactions
Zoning & alternative use
IND · Braintree, 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 Braintree submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Braintree 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
APARTMENT HOUSE (5+ UNITS)
$21,775,000
Change: -2% · Conversion: Easy
COMMERCIAL (GENERAL)
$19,400,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$13.24M
Range $11.92M – $14.56M · ±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
$175 / 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
$191,026
Tax year 2024
Assessed value
$9,433,400
Assessed 2024
Previous assessed
$9,433,400
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$1,671,700
Assessed improvement
$7,761,700
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1984
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
36
Bathrooms
10
Total area
75,795 SF
Lot
3.57 ac (155,509 SF)
Zoning code
IND
APN
BRAI M:2048 B:0 L:15A
UPID
US38-1017579
Jurisdiction
BRAINTREE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
IND · Braintree, MA
Zoning IND · permitted uses
IND · Braintree, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Braintree. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$21.8M
COMMERCIAL (GENERAL)
Est. value
$19.4M
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1984
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
36
Bathrooms
10
Lot
3.57 ac
Current owner
From public records · entity-resolved
Granite LLC
Entity
Free & Clear · 25 yrs held
Mailing address
639 GRANITE ST, BRAINTREE, MA 02184-5366
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2010
—
639 Granite LLC
—
Deed Of Trust
related
$5,600,000 · Brookline Savings Bank
Jun 12, 2001
$325,000
Granite LLC
Brian&sue LLC
Grant Deed
—
Apr 14, 2000
$7,325,000
Granite LLC
Glenborough Prop LP
Grant Deed
—
Apr 14, 1998
$7,276,500
Glenborough Prop LP
Blue Ridge Ofc Assn LP
Grant Deed
—
Aug 29, 1997
—
Diane M Shields-conroy
—
Deed Of Trust
related
$135,890 · Old Colony Mortgage Corp
Sep 18, 1996
—
Blue Rdg Offc Assc Ltd
—
Deed Of Trust
related
$3,250,000 · Zuckerman Family Nomi
Aug 2, 1996
—
John J Houlihan JR.
—
Deed Of Trust
related
$112,500 · Old Colony Mortgage Corp
Jul 1, 1994
$3,000,000
Blue Ridge Office Assc
Northern Life Ins Co
Grant Deed
—
Mar 26, 1991
$6,000,000
Northern Life Ins Co
Del Con Properties Ltd
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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