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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Investment properties
7 Mechanic St Douglas, MA 01516
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-0631998
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1840
Construction
FRAME
Total area
5,386 SF
Lot
0.54 ac (23,527 SF)
Zoning code
CB
APN
DOUG M:0163 B:0000087 L:
UPID
US38-0631998
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
$745k
Comparable Approach
Comparable
$828k
Blend (final)
Blend
$590k
Owner & transaction history
Valley Rlty Mgmt LLC · 20 yrs held
Valley Rlty Mgmt LLC
since 2005
5 recorded transactions
Zoning & alternative use
CB · Douglas, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$845,000
+42.6%
Auto repair, garage
$825,000
+39.4%
Office building
$730,000
+23.6%
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 Douglas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Douglas 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%
$810,000
6.5%
$745,000
7%
$695,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$595,000
Current use
RETAIL STORES
$845,000
Change: +43% · Conversion: Easy
AUTO REPAIR, GARAGE
$825,000
Change: +39% · Conversion: Difficult
OFFICE BUILDING
$730,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$680,000
Change: +15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$645,000
Change: +9% · Conversion: Moderate
WAREHOUSE, STORAGE
$540,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$110 / 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
$13,844
Tax year 2024
Assessed value
$1,024,000
Assessed 2024
Previous assessed
$1,024,000
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$121,800
Assessed improvement
$902,200
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1840
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
2
Rooms
14
Bathrooms
4
Total area
5,386 SF
Lot
0.54 ac (23,527 SF)
Zoning code
CB
APN
DOUG M:0163 B:0000087 L:
UPID
US38-0631998
Jurisdiction
DOUGLAS
Zoning & alternative use
CB · Douglas, MA
Zoning CB · permitted uses
CB · Douglas, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Douglas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$595,000
RETAIL STORES
Est. value
$845,000
AUTO REPAIR, GARAGE
Est. value
$825,000
OFFICE BUILDING
Est. value
$730,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$680,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$645,000
WAREHOUSE, STORAGE
Est. value
$540,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1840
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
2
Rooms
14
Bathrooms
4
Lot
0.54 ac
Current owner
From public records · entity-resolved
Valley Rlty Mgmt LLC
Entity
Free & Clear · 20 yrs held
Mailing address
12 SPG ST, WHITINSVILLE, MA 01588-1410
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2006
—
Valley Realty Mgmt LLC
—
Deed Of Trust
related
$175,000 · Commonwealth National Bank
Dec 16, 2005
$1
Valley Rlty Mgmt LLC
Jackman,gerald E JR
Grant Deed
related
—
Feb 18, 2005
$100,000
Gerald E Jackman JR.
Jackman Joseph T Est
Grant Deed
related
—
Nov 16, 1995
$100,000
Gerald Jackman JR.
Jackman Gerald Est
Grant Deed
related
$280,086 · Zenon Grzybowski
Nov 14, 1989
—
Gerald Jackman
—
Deed Of Trust
related
$50,000 · Unibank For Savings
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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