New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,555,000
Industrial properties
72 Felton St 80, Waltham, MA 02453-4140
Entity Owned
4-yr Hold
Free & Clear
Property ID
US38-0333774
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1940
Construction
CONCRETE
Total area
16,493 SF
Lot
0.57 ac (25,030 SF)
APN
WALT M:060 B:025 L:0001
UPID
US38-0333774
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
-
Republic Supply Plumbing Service Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.39M
CAP Approach
CAP
$4.19M
Comparable Approach
Comparable
$2.53M
Blend (final)
Blend
$3.56M
Owner & transaction history
Republic Realty LLC · 4 yrs held
Republic Realty LLC
since 2022
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.8M
+2.8%
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 Waltham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waltham 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
$3,370,000
ML approach
$3,385,000
CAP Approach
CAP Return
Estimation
6%
$4,535,000
6.5%
$4,185,000
7%
$3,890,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,655,000
Current use
RESTAURANT
$4,790,000
Change: +3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,640,000
Change: 0% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,570,000
Change: -2% · Conversion: Difficult
RETAIL STORES
$4,445,000
Change: -5% · Conversion: Easy
OFFICE BUILDING
$4,200,000
Change: -10% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,800,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$3.56M
Range $3.20M – $3.91M · ±10% · vs last sale $3.93M (Jun 22 2022)
Last sale anchor
$3.93M
Jun 22 2022
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
$216 / 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
$29,957
Tax year 2022
Assessed value
$1,663,200
Assessed 2024
Previous assessed
$1,663,200
+0.0% YoY
Effective rate
1.80%
On assessed value
Assessed land
$549,000
Assessed improvement
$1,114,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1940
Construction
CONCRETE
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
3
Bathrooms
5
Total area
16,493 SF
Lot
0.57 ac (25,030 SF)
APN
WALT M:060 B:025 L:0001
UPID
US38-0333774
Jurisdiction
WALTHAM
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.7M
RESTAURANT
Est. value
$4.8M
AUTO REPAIR, GARAGE
Est. value
$4.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.6M
RETAIL STORES
Est. value
$4.4M
OFFICE BUILDING
Est. value
$4.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.8M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1940
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
3
Bathrooms
5
Lot
0.57 ac
Current owner
From public records · entity-resolved
Republic Realty LLC
Entity
Free & Clear · 4 yrs held
Mailing address
890 BOSTON PROVIDENCE TPKE, NORWOOD, MA 02062-4741
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2022
$3,931,000
Republic Realty LLC
Summers Realty LLC
Quit Claim Arm's Length For Ne States
—
Dec 23, 2020
$3,724,000
Summers Realty LLC
Shupe Family LP
Quit Claim Arm's Length For Ne States
$2,768,000 · Rockland Trust Co
Jun 6, 2002
—
Shupe Family LP
—
Deed Of Trust
related
$417,000 · Bay Colony Dev Corp
Jul 27, 2001
$900,000
Shupe Family LP
Frank S Manzelli T
Grant Deed
$503,500 · Rockland Trust Co
Jul 27, 2001
—
Shupe Family LP
—
Deed Of Trust
related
$402,800 · Rockland Trust Co
Jan 8, 1997
—
S Manzelli T Frank
—
Deed Of Trust
related
$400,000 · Zmc Trust Et Al 2nd
—
—
Shupe Family LP
—
Deed Of Trust
related
$502,552 · Rockland Tr
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 72 Felton St, Unit 80?
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.
