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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Auto shops
765 Cpe St, Lee, MA 01238-9101
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-1077844
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1985
Total area
3,672 SF
Lot
4.63 ac (201,683 SF)
Zoning code
RB
APN
LEEE M:020 B:00 L:0000-0018.0
UPID
US38-1077844
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
-
Larson European Auto Services Auto Repair Shop
-
627MediaHouse Film Production Television Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$752k
Blend (final)
Blend
$695k
Owner & transaction history
Joseph K Williams · 9 yrs held
Joseph K Williams
since 2016
3 recorded transactions
Zoning & alternative use
RB · Lee, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$535,000
+12.5%
Retail stores
$525,000
+10.5%
Office building
$510,000
+7.4%
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 Lee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lee 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
AUTO REPAIR, GARAGE
$475,000
Current use
COMMERCIAL (GENERAL)
$535,000
Change: +13% · Conversion: Moderate
RETAIL STORES
$525,000
Change: +10% · Conversion: Difficult
OFFICE BUILDING
$510,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$189 / 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
$4,946
Tax year 2024
Assessed value
$440,000
Assessed 2024
Previous assessed
$412,900
+6.6% YoY
Effective rate
1.12%
On assessed value
Assessed land
$201,900
Assessed improvement
$238,100
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1985
Heating
NONE
Buildings
1
Total area
3,672 SF
Lot
4.63 ac (201,683 SF)
Zoning code
RB
APN
LEEE M:020 B:00 L:0000-0018.0
UPID
US38-1077844
Jurisdiction
LEE
Zoning & alternative use
RB · Lee, MA
Zoning RB · permitted uses
RB · Lee, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$475,000
COMMERCIAL (GENERAL)
Est. value
$535,000
RETAIL STORES
Est. value
$525,000
OFFICE BUILDING
Est. value
$510,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
1985
Heating
NONE
Buildings
1
Lot
4.63 ac
Current owner
From public records · entity-resolved
Joseph K Williams
Individual
Mailing address
765 CPE ST, LEE, MA 01238-9101
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2016
$10,000
Joseph K Williams
Larson,charles M
Quit Claim Deed
—
Nov 14, 2003
—
Charles M Larson JR.
—
Deed Of Trust
related
$92,000 · Lee Bank
Aug 22, 1995
$125,000
Charles M Larson
Decker,david H
Grant Deed
$143,500 · Lee 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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