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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Industrial properties
71 Nickerson Rd, Ashland, MA 01721-1931
Entity Owned
26-yr Hold
~
Est. High Equity
Property ID
US38-1495629
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1958
Total area
6,732 SF
Lot
1.49 ac (64,904 SF)
Zoning code
30
APN
ASHL M:025.0 B:0346 L:0000.0
UPID
US38-1495629
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
-
The GroundsKeeper Inc. Landscaping General Contractor
-
Forever Green Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$535k
Blend (final)
Blend
$780k
Owner & transaction history
Kalmia Prop LLP · 26 yrs held
Kalmia Prop LLP
since 2000
7 recorded transactions
Zoning & alternative use
30 · Ashland, 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 Ashland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ashland 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)
$1,035,000
Current use
Blend value · Realmo final
$780k
Range $702k – $858k · ±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
$116 / 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
$6,940
Tax year 2024
Assessed value
$524,200
Assessed 2024
Previous assessed
$524,200
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$393,400
Assessed improvement
$130,800
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
1958
Heating
NONE
Buildings
3
Total area
6,732 SF
Lot
1.49 ac (64,904 SF)
Zoning code
30
APN
ASHL M:025.0 B:0346 L:0000.0
UPID
US38-1495629
Jurisdiction
ASHLAND
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
30 · Ashland, MA
Zoning 30 · permitted uses
30 · Ashland, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ashland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.0M
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
1958
Heating
NONE
Buildings
3
Lot
1.49 ac
Current owner
From public records · entity-resolved
Kalmia Prop LLP
Entity
Mailing address
71 NICKERSON RD, ASHLAND, MA 01721-1931
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2021
—
Kalmia Prop LLP
—
Deed
related
$430,000 · Needham Bank
Aug 31, 2016
—
Kalmia Properties LLP
—
Deed
related
$479,400 · Middlesex Savings Bank
Nov 7, 2006
—
Kalmia Prop LLP
—
Deed Of Trust
related
$360,000 · Middlesex Savings Bank
Apr 21, 2000
$280,000
Kalmia Prop LLP
Middlesex Sb
Grant Deed
$280,000 · Middlesex Savings Bank
Jul 26, 1999
$226,000
Middlesex Sb
Akn RT
Grant Deed
—
Mar 24, 1997
$270,000
Akn RT
Nickerson RT
Grant Deed
$242,000 · Middlesex Savings Bank
Mar 24, 1997
—
Akn RT
—
Deed Of Trust
related
$39,171 · Zmc Trust Et Al 2nd
Dec 22, 1992
—
RT Nickerson
—
Deed Of Trust
related
$150,000 · Middlesex Savings Bank
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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