Individually Owned 
For Lease
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66 Wood Rd, Braintree, MA 02184
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Property summary
AI-generated overview
The property is a retail site located at the intersection of Route 3, I-93, and Route 128, providing access to major transportation routes serving the greater Boston area. It includes an existing building of more than 17,000 square feet situated on a 1.18-acre lot. The zoning is described as flexible, allowing for multiple potential development uses and configurations.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1962
Construction
STEEL FRAME
Total area
23,240 SF
Lot
1.18 ac (51,558 SF)
Zoning code
HBD
APN
BRAI M:2057 B:0 L:12
UPID
US38-0375578
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
High School Daycare Center
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.50M
CAP Approach
CAP
$3.46M
Comparable Approach
Comparable
$3.53M
Blend (final)
Blend
$4.47M
Owner & transaction history
since 2023
Last sale
$4.2M
4 recorded transactions
Zoning & alternative use
HBD · Braintree, MA
Zoning description
The purpose of this district is to provide highway business uses
General category
COMMERCIAL
Top alternative use upside
Office building
$6.8M
+14.6%
Retail stores
$6.8M
+14.4%
Apartment house (5+ units)
$6.7M
+12.3%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 18 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$4.47M
Value range
$4.02M – $4.92M
±10% around blend
Estimated value / SF
$192 / SF
Confidence
High
18 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
100
$4.02M
blend $4.47M
$4.92M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
23,240 SF
Lot area
1.18 ac
Year built
1962
Stories
1
APN
BRAI M:2057 B:0 L:12
Zoning
HBD
Assessed value
$2,012,900
Annual tax
$40,761
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.46M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.74M
@ 6.5% CAP return
$3.46M
@ 7% CAP return
$3.21M
4
Sales comparison
Partial preview
Sales approach indication
$5.19M
Weighted, 18 comps · high confidence
Evidence
18 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
7.7 mi away · 19,440 SF
10.4 mi away · 28,956 SF
11.3 mi away · 17,230 SF
12.1 mi away · 19,176 SF
12.1 mi away · 19,176 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.47M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 340 sales
$256
-25%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $192/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+15%
vs current-use indication
Retail Stores
Apartment House (5+ Units)
Commercial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 18 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
5.00%
Implied, in-place cap rate for this showrooms
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.00%
9.0%
NOI (est.)
$294k *
Last sale · Oct 2023
$4.20M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$5.88M
Move the market yield to see immediate price impact.
Value / SF
$253
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.50%5.00%5.50%
$265k
$5.88M
$5.29M
$4.81M
$294k
$6.53M
$5.88M
$5.35M
$323k
$7.19M
$6.47M
$5.88M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
18 found
High confidence · county-verified
Closest comparable
$2.00M
3.2 mi · Jan 2026 · $72/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$40,761
Tax year 2024
Assessed value
$2,012,900
Assessed 2024
Previous assessed
$2,012,900
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$1,206,500
Assessed improvement
$806,400
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1962
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
2
Bathrooms
4
Total area
23,240 SF
Lot
1.18 ac (51,558 SF)
Zoning code
HBD
APN
BRAI M:2057 B:0 L:12
UPID
US38-0375578
Jurisdiction
BRAINTREE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
HBD · Braintree, MAZoning HBD · permitted uses
HBD · Braintree, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of this district is to provide highway business uses
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1962
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
2
Bathrooms
4
Lot
1.18 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
HBD
COMMERCIAL
Jurisdiction
Braintree, MA
Recorded code
HBD
Official district
HBD
Official district profile
What the municipal code says about HBD
Zoning description
The purpose of this district is to provide highway business uses
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for HBD in Braintree, MA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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