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Property profile & analytics
OFF-MARKET
Estimated value
$1,140,000
Showrooms
7 Locust Ave Tyngsboro, MA 01879-1030
Individually Owned
9-yr Hold
Property ID
US38-0889282
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2018
Construction
STEEL FRAME
Total area
7,056 SF
Lot
3.78 ac (164,657 SF)
Zoning code
R1
APN
TYNG M:012 B:0026 L:0
UPID
US38-0889282
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
-
Carlisle Honey Specialty Food Shop
-
New England Beekeeping Supplies, Inc Specialty Food Shop
-
Honeybound Meadery, Carlisle Honey, and NE Beekeeping at The Colony Specialty Food Shop
-
The Colony (New England Beekeeping/Carlisle Honey/Honeybound Meadery) Specialty Food Shop
-
Hampshire Hives Woodenware Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$694k
Blend (final)
Blend
$1.14M
Owner & transaction history
New Eng Beekeeping Suppls · 9 yrs held
New Eng Beekeeping Suppls
since 2017
4 recorded transactions
Zoning & alternative use
R1 · Tyngsboro, 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 Tyngsboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tyngsboro 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
COMMERCIAL (GENERAL)
$1,825,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,625,000
Change: -11% · Conversion: Moderate
OFFICE BUILDING
$1,545,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.14M
Range $1.03M – $1.25M · ±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
$162 / 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
$9,441
Tax year 2024
Assessed value
$742,200
Assessed 2024
Previous assessed
$742,200
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$236,900
Assessed improvement
$505,300
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2018
Construction
STEEL FRAME
Heating
SPACE
Cooling
YES
Buildings
1
Stories
2
Units
1
Rooms
10
Bathrooms
4
Total area
7,056 SF
Lot
3.78 ac (164,657 SF)
Zoning code
R1
APN
TYNG M:012 B:0026 L:0
UPID
US38-0889282
Jurisdiction
TYNGSBORO
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
R1 · Tyngsboro, MA
Zoning R1 · permitted uses
R1 · Tyngsboro, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tyngsboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.5M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
2018
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
2
Buildings
1
Units
1
Rooms
10
Bathrooms
4
Lot
3.78 ac
Current owner
From public records · entity-resolved
New Eng Beekeeping Suppls
Individual
Mailing address
10 LOUIS AVE, TYNGSBORO, MA 01879-1819
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2020
—
Beekeeping Suppls New Eng
—
Deed
related
$500,000 · Massachusetts Growth Cap Corp
May 2, 2017
$275,000
New Eng Beekeeping Suppls
Silva,eleanor J
Quit Claim Deed
$500,000 · Farm Credit Svcs
Mar 11, 2014
—
Pearl E Est Richardson
Richardson Pearl E Est
Fiduciary Deed
—
—
—
Beekeeping Suppls New Eng
—
Deed Of Trust
related
$500,000 · Massachusetts Growth Cap Corp
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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