New search
Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Manufacturing properties
7 Depot St, South Grafton, MA 01560-1305
Individually Owned
27-yr Hold
~
Est. High Equity
Property ID
US38-1169321
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1918
Total area
5,411 SF
Lot
0.59 ac (25,700 SF)
Zoning code
VMU
APN
GRAF M:0124 B:0000 L:0006.0
UPID
US38-1169321
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$678k
Blend (final)
Blend
$505k
Owner & transaction history
Richard S Chiros · 27 yrs held
Richard S Chiros
since 1999
3 recorded transactions
Zoning & alternative use
VMU · South Grafton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$830,000
+91.7%
Office building
$735,000
+69.9%
Neighborhood: shopping center
$685,000
+57.7%
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 South Grafton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Grafton 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)
$435,000
Current use
AUTO REPAIR, GARAGE
$830,000
Change: +92% · Conversion: Easy
OFFICE BUILDING
$735,000
Change: +70% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$685,000
Change: +58% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$650,000
Change: +50% · Conversion: Difficult
COMMERCIAL (GENERAL)
$595,000
Change: +38% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$93 / 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
$7,312
Tax year 2024
Assessed value
$511,000
Assessed 2024
Previous assessed
$451,000
+13.3% YoY
Effective rate
1.43%
On assessed value
Assessed land
$171,800
Assessed improvement
$339,200
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1918
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
5,411 SF
Lot
0.59 ac (25,700 SF)
Zoning code
VMU
APN
GRAF M:0124 B:0000 L:0006.0
UPID
US38-1169321
Jurisdiction
GRAFTON
Zoning & alternative use
VMU · South Grafton, MA
Zoning VMU · permitted uses
VMU · South Grafton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Grafton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$435,000
AUTO REPAIR, GARAGE
Est. value
$830,000
OFFICE BUILDING
Est. value
$735,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$685,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$650,000
COMMERCIAL (GENERAL)
Est. value
$595,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1918
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Richard S Chiros
Individual
Mailing address
7 DEPOT ST, SOUTH GRAFTON, MA 01560-1305
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 1999
—
Richard S Chiros
—
Deed Of Trust
related
$70,000 · Community Bank NA
Feb 16, 1999
$225,000
Richard S Chiros
Guhman,kenneth J
Grant Deed
$210,000 · Zenon Grzybowski
Jan 24, 1996
—
Blackstone Mill Depot
—
Deed Of Trust
related
$250,000 · Janelon Assoc INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7 Depot St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
