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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Investment properties
67 Merriam Ave, Leominster, MA 01453-3152
Individually Owned
12-yr Hold
Property ID
US38-1733573
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1930
Total area
3,844 SF
Lot
0.19 ac (8,172 SF)
APN
LEOM M:0029 B:0009A L:0000
UPID
US38-1733573
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
-
M3 Innovations Inc. Real Estate Agency
-
Jill A. Natola Law Firm
-
Fairway Independent Mortgage Corporation Loan Service Bank
-
V&L Property Holdings, Llc. Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$535k
Comparable Approach
Comparable
$607k
Blend (final)
Blend
$550k
Owner & transaction history
Jill A Natola · 12 yrs held
Jill A Natola
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$605,000
+36.4%
Auto repair, garage
$590,000
+33.3%
Office building
$550,000
+24.2%
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 Leominster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leominster 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%
$580,000
6.5%
$535,000
7%
$495,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$440,000
Current use
RETAIL STORES
$605,000
Change: +36% · Conversion: Easy
AUTO REPAIR, GARAGE
$590,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$550,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$485,000
Change: +10% · Conversion: Difficult
WAREHOUSE, STORAGE
$385,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$143 / 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
$9,369
Tax year 2024
Assessed value
$645,700
Assessed 2024
Previous assessed
$585,300
+10.3% YoY
Effective rate
1.45%
On assessed value
Assessed land
$110,800
Assessed improvement
$534,900
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1930
Heating
HOT WATER
Buildings
1
Stories
2
Units
4
Rooms
16
Bathrooms
5
Total area
3,844 SF
Lot
0.19 ac (8,172 SF)
APN
LEOM M:0029 B:0009A L:0000
UPID
US38-1733573
Jurisdiction
LEOMINSTER
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
COMMERCIAL (GENERAL) Current
Est. value
$440,000
RETAIL STORES
Est. value
$605,000
AUTO REPAIR, GARAGE
Est. value
$590,000
OFFICE BUILDING
Est. value
$550,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$485,000
WAREHOUSE, STORAGE
Est. value
$385,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1930
Heating
HOT WATER
Stories
2
Buildings
1
Units
4
Rooms
16
Bathrooms
5
Lot
0.19 ac
Current owner
From public records · entity-resolved
Jill A Natola
Individual
Mailing address
67 MERRIAM AVE, LEOMINSTER, MA 01453-3152
Ownership since
2014
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
Jul 8, 2021
—
Jill A Natola
—
Deed
related
$37,000 · Fidelity Cooperative Bank
May 4, 2021
—
Jill A Natola
—
Deed
related
$337,649 · Pennymac Loan Services LLC
Feb 4, 2020
—
Jill A Natola
—
Deed
related
$26,000 · Fidelity Cooperative Bank
Dec 28, 2017
—
Jill A Natola
—
Deed
related
$38,714 · Fidelity Cooperative Bank
Jan 22, 2014
$330,000
Jill A Natola
Pinnacle RT
Quit Claim Arm's Length For Ne States
$264,000 · Avidia Bank
Dec 10, 2004
—
Kimberley A Mcdonald
—
Deed Of Trust
related
$300,000 · Fidelity Cp Bank
—
—
Jill A Natola
—
Deed Of Trust
related
$75,000 · Daniel Alletag
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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