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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Day care centers
73 Jerome Ave, Auburn, MA 01501-2661
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-2297531
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1915
Construction
FRAME
Total area
4,186 SF
Lot
1.18 ac (51,232 SF)
APN
AUBU M:0006 L:0028
UPID
US38-2297531
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
-
Helping Hands Child Development Center Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$710k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$550k
Blend (final)
Blend
$735k
Owner & transaction history
73 Jerome Avenue LLC · 4 yrs held
73 Jerome Avenue LLC
since 2022
Last sale
$750,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$520,000
+26.6%
Medical building
$515,000
+26.1%
Office building
$450,000
+10.6%
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 Auburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Auburn 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
$725,000
ML approach
$710,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$520,000
Change: +27% · Conversion: Difficult
MEDICAL BUILDING
$515,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$450,000
Change: +11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$445,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $750k (Mar 30 2022)
Last sale anchor
$750k
Mar 30 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
$176 / 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
$11,145
Tax year 2024
Assessed value
$746,500
Assessed 2024
Previous assessed
$662,200
+12.7% YoY
Effective rate
1.49%
On assessed value
Assessed land
$124,300
Assessed improvement
$622,200
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1915
Construction
FRAME
Heating
BASEBOARD
Buildings
1
Stories
2
Units
1
Rooms
12
Bathrooms
4
Total area
4,186 SF
Lot
1.18 ac (51,232 SF)
APN
AUBU M:0006 L:0028
UPID
US38-2297531
Jurisdiction
AUBURN
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
RETAIL STORES
Est. value
$520,000
MEDICAL BUILDING
Est. value
$515,000
OFFICE BUILDING
Est. value
$450,000
COMMERCIAL (GENERAL)
Est. value
$445,000
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
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
1915
Construction
FRAME
Heating
BASEBOARD
Stories
2
Buildings
1
Units
1
Rooms
12
Bathrooms
4
Lot
1.18 ac
Current owner
From public records · entity-resolved
73 Jerome Avenue LLC
Entity
Mailing address
73 JEROME AVE, AUBURN, MA 01501-2661
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2022
—
73 Jerome Avenue LLC
—
Deed
related
$312,000 · South Eastern Economic Development
Mar 30, 2022
$750,000
73 Jerome Avenue LLC
Pakachoag Acres Day Care
Quit Claim Arm's Length For Ne States
$375,000 · Rockland Trust Co
Jun 10, 2010
—
Acres Day Care Pakachoag
—
Deed Of Trust
related
$100,000 · Millbury Savings Bank
Feb 6, 2007
—
Pakachoag Acres Care Ctr
—
Deed Of Trust
related
$50,000 · Millbury Savings Bank
Dec 5, 2006
$533,500
Pakachoag Acres Day Ctr
Martin,joseph P JR
Grant Deed
—
Nov 20, 1996
—
Joseph P Martin JR.
—
Deed Of Trust
related
$750,000 · Fleet National 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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