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Property profile & analytics
OFF-MARKET
Estimated value
$1,430,000
Showrooms
8 Picker Rd Sturbridge, MA 01566-1251
Individually Owned
5-yr Hold
Free & Clear
Property ID
US38-1817069
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1987
Construction
STEEL FRAME
Total area
8,160 SF
Lot
2.9 ac (126,324 SF)
APN
STUR M:510 B:000 L:2215-008
UPID
US38-1817069
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
$1.40M
CAP Approach
CAP
$1.13M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.43M
Owner & transaction history
Sturbridge Cold Storge RT · 5 yrs held
Sturbridge Cold Storge RT
since 2021
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.5M
+71.3%
Retail stores
$1.3M
+42.6%
Auto repair, garage
$1.3M
+39.4%
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 Sturbridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sturbridge 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
$1,430,000
ML approach
$1,395,000
CAP Approach
CAP Return
Estimation
6%
$1,225,000
6.5%
$1,130,000
7%
$1,050,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$900,000
Current use
RESTAURANT
$1,540,000
Change: +71% · Conversion: Difficult
RETAIL STORES
$1,280,000
Change: +43% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,250,000
Change: +39% · Conversion: Difficult
OFFICE BUILDING
$1,110,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,030,000
Change: +15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$980,000
Change: +9% · Conversion: Moderate
Blend value · Realmo final
$1.43M
Range $1.29M – $1.57M · ±10% · vs last sale $1.45M (Jan 22 2021)
Last sale anchor
$1.45M
Jan 22 2021
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
$175 / 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
$9,155
Tax year 2024
Assessed value
$555,200
Assessed 2024
Previous assessed
$499,900
+11.1% YoY
Effective rate
1.65%
On assessed value
Assessed land
$143,700
Assessed improvement
$411,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
2
Bathrooms
2
Total area
8,160 SF
Lot
2.9 ac (126,324 SF)
APN
STUR M:510 B:000 L:2215-008
UPID
US38-1817069
Jurisdiction
STURBRIDGE
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
$900,000
RESTAURANT
Est. value
$1.5M
RETAIL STORES
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$980,000
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
2
Bathrooms
2
Lot
2.9 ac
Current owner
From public records · entity-resolved
Sturbridge Cold Storge RT
Individual
Free & Clear · 5 yrs held
Mailing address
8 PICKER RD, STURBRIDGE, MA 01566-1251
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2021
$1,450,000
Sturbridge Cold Storge RT
1 Picker RT
Quit Claim Arm's Length For Ne States
—
Feb 13, 2020
—
8 Picker Road LLC
—
Deed
related
$325,000 · Southbridge Cu
Feb 11, 2020
—
1 Picker RT Trust
Sierra
Quit Claim Deed
related
—
Feb 7, 2020
$750,000
8 Picker Road LLC
Picker
Quit Claim Deed
—
Aug 26, 2004
$310,000
Daniel M Prouty
Bus Lenders LLC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Dec 26, 2001
$425,000
Jbc Real Estate LLC
Skl RT
Grant Deed
$60,000 · Zenon Grzybowski
Nov 24, 1997
—
Skl RT
—
Deed Of Trust
related
$68,500 · Southbridge Savings Bank
Jul 3, 1996
$260,000
Peter H Russell
Cana Investmens
Grant Deed
$25,000 · Zwi Kohorn
Aug 8, 1991
—
Peter Russell
—
Deed Of Trust
related
$7,000 · Mechanics Bank
Apr 14, 1987
—
Cana Investments
—
Deed Of Trust
related
$281,000 · Mechanics Bank
—
—
8 Picker Road LLC
—
Deed Of Trust
related
$325,000 · Southbridge Cu
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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