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Property profile & analytics
OFF-MARKET
Estimated value
$11,140,000
Industrial properties
68 Elm St, Hopkinton, MA 01748-1602
Entity Owned
Free & Clear
Property ID
US38-1097175
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1982
Construction
STEEL FRAME
Total area
87,706 SF
Lot
7.61 ac (331,631 SF)
Zoning code
A
APN
HOPK M:0R23 B:0012 L:0
UPID
US38-1097175
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
-
PerkinElmer, Inc Corporate Office
-
OneSource® Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.36M
Comparable Approach
Comparable
$12.46M
Blend (final)
Blend
$11.14M
Owner & transaction history
Nm Rvty LLC
Nm Rvty LLC
since 2026
7 recorded transactions
Zoning & alternative use
A · Hopkinton, 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 Hopkinton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hopkinton 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%
$15,550,000
6.5%
$14,355,000
7%
$13,325,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$13,465,000
Current use
Blend value · Realmo final
$11.14M
Range $10.03M – $12.25M · ±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
$127 / 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
$130,162
Tax year 2024
Assessed value
$8,915,200
Assessed 2024
Previous assessed
$8,915,200
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$822,200
Assessed improvement
$8,093,000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1982
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Bathrooms
10
Total area
87,706 SF
Lot
7.61 ac (331,631 SF)
Zoning code
A
APN
HOPK M:0R23 B:0012 L:0
UPID
US38-1097175
Jurisdiction
HOPKINTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
A · Hopkinton, MA
Zoning A · permitted uses
A · Hopkinton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hopkinton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$13.5M
INDUSTRIAL (GENERAL) Current
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
1982
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Bathrooms
10
Lot
7.61 ac
Current owner
From public records · entity-resolved
Nm Rvty LLC
Entity
Free & Clear · 0 yrs held
Mailing address
303 CONGRESS ST FL, BOSTON, MA 02210-1012
Ownership since
2026
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
Jan 26, 2026
$58,400,000
Nm Rvty LLC
Ann Elmwood Partners LLC
Deed
—
Apr 17, 2025
—
Ann Elmwood Partners LLC
—
Deed
related
$36,383,014 · Webster Bank
Nov 25, 2015
$31,150,000
Ann Elmwood Partners L
Elmwood Perk Property
Quit Claim Deed
related
$22,428,000 · Blue Hills Bank
Jul 23, 2014
$500
Elmwood Perk Property LLC
Rreef Amer Reit 3 Z1 LLC
Quit Claim Deed
related
—
Aug 24, 2012
$31,098,108
Elmwood Park Property LLC
Rreef America Reit 3-zi
Grant Deed
related
$21,500,000 · Sovereign Bank
Nov 14, 2005
$8,744,979
Rreef America Reit Corp
Bcia Ne Hldgs LLC
Grant Deed
—
Jun 23, 1999
$30,000,000
Bcia New Engl Hldgs
Mgi Prop
Grant Deed
$335,800,000 · Cmf Capital Co
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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