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Property profile & analytics
OFF-MARKET
Estimated value
$2,555,000
Industrial properties
69 Fitchburg Rd, Ayer, MA 01432-1003
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US38-0795915
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Total area
24,136 SF
Lot
4.3 ac (187,308 SF)
Zoning code
LI
APN
AYER M:011 B:0000 L:0049
UPID
US38-0795915
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
-
Lorden Oil Co Inc Oil & Natural Gas Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.56M
Owner & transaction history
L & L Industrial Prop LLC · 22 yrs held
L & L Industrial Prop LLC
since 2003
7 recorded transactions
Zoning & alternative use
LI · Ayer, 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 Ayer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ayer 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
INDUSTRIAL (GENERAL)
$3,705,000
Current use
WAREHOUSE, STORAGE
$3,510,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$2.56M
Range $2.30M – $2.81M · ±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
$106 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$58,910
Tax year 2022
Assessed value
$2,321,200
Assessed 2024
Previous assessed
$2,225,800
+4.3% YoY
Effective rate
2.54%
On assessed value
Assessed land
$195,900
Assessed improvement
$2,125,300
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
Heating
NONE
Buildings
2
Total area
24,136 SF
Lot
4.3 ac (187,308 SF)
Zoning code
LI
APN
AYER M:011 B:0000 L:0049
UPID
US38-0795915
Jurisdiction
AYER
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
LI · Ayer, MA
Zoning LI · permitted uses
LI · Ayer, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ayer. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.7M
WAREHOUSE, STORAGE
Est. value
$3.5M
INDUSTRIAL (GENERAL) Current
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
Heating
NONE
Buildings
2
Lot
4.3 ac
Current owner
From public records · entity-resolved
L & L Industrial Prop LLC
Entity
Mailing address
69 FITCHBURG RD, AYER, MA 01432-1003
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2013
—
L&l Industrial Props LLC
—
Deed Of Trust
related
$1,000,000 · Fidelity Cp Bank
Jan 27, 2012
—
L Props
—
Deed Of Trust
related
$300,000 · Fidelity Cp Bank
Feb 28, 2011
—
Lorden Oil Co INC
—
Deed Of Trust
related
$1,000,000 · Fidelity Cp Bank
Apr 11, 2008
—
L&l Industrial Prop LLC
—
Deed Of Trust
related
$1,000,000 · Fidelity Cp Bank
Dec 30, 2003
$851,000
L & L Industrial Prop LLC
Lorden Oil Co INC
Grant Deed
$851,000 · Zuckerman Family Nomi
May 16, 2002
$851,000
Lorden Oil Co INC
Fitchburg Publishing
Grant Deed
—
Mar 1, 2000
$1,320,000
Fitchburg Publishing
Hartnett Ft
Grant Deed
—
Oct 2, 1995
$115,000
Industrl Dev Fin Ayer
Hartnett Ft
Grant Deed
—
Dec 8, 1988
—
Hartnett Ft
—
Deed Of Trust
related
$929,000 · N Middlesex Savings Bank
Apr 12, 1988
—
Hartnett Ft
—
Deed Of Trust
related
$450,000 · N Middlesex Savings Bank
Feb 9, 1987
—
Harnett Fam Tr
—
Deed Of Trust
related
$480,000 · N Middlesex Savings Bank
Feb 5, 1987
$40,000
Ayer Housing Authority
J&a RT
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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