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Property profile & analytics
OFF-MARKET
Estimated value
$2,900,000
Retail properties & Spaces
8 Washington St, North Attleboro, MA 02760-2314
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US38-1303661
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,945 SF
Lot
2.02 ac (87,991 SF)
APN
NATT M:0023 B:0017 L:0000
UPID
US38-1303661
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.75M
Blend (final)
Blend
$2.90M
Owner & transaction history
Philemon Equities LLC · 11 yrs held
Philemon Equities LLC
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.7M
+42.7%
Commercial (general)
$3.3M
+27.8%
Auto repair, garage
$2.8M
+8.5%
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 North Attleboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Attleboro 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
RETAIL STORES
$2,615,000
Current use
RESTAURANT
$3,730,000
Change: +43% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,345,000
Change: +28% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,835,000
Change: +8% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,555,000
Change: -2% · Conversion: Difficult
OFFICE BUILDING
$2,460,000
Change: -6% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,435,000
Change: -7% · Conversion: Moderate
WAREHOUSE, STORAGE
$2,110,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$2.90M
Range $2.61M – $3.19M · ±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
$182 / 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
$96,163
Tax year 2024
Assessed value
$6,196,100
Assessed 2024
Previous assessed
$6,196,100
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$1,882,300
Assessed improvement
$4,313,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
15,945 SF
Lot
2.02 ac (87,991 SF)
APN
NATT M:0023 B:0017 L:0000
UPID
US38-1303661
Jurisdiction
NORTH ATTLEBORO
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 Current
Est. value
$2.6M
RESTAURANT
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
WAREHOUSE, STORAGE
Est. value
$2.1M
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
2.02 ac
Current owner
From public records · entity-resolved
Philemon Equities LLC
Entity
Mailing address
PO BOX 853, BRIDGEHAMPTON, NY 11932-0853
Ownership since
2014
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
Aug 19, 2024
—
Philemont Equities LLC
—
Deed
related
$5,414,500 · Td Bank NA
Aug 29, 2014
$7,650,000
Philemon Equities LLC
Rpai North Attleboro Cros
Quit Claim Deed
$4,132,000 · NA Bridge LLC
Jun 2, 2005
$904,780
Western Natt Inland
Starwood Wasserman Natt
Grant Deed
—
Dec 3, 2004
—
Starwood Wasserma N Attle
—
Deed Of Trust
related
$5,000,000 · Bank Of America
Oct 20, 1998
$456,000
Stanwood Wasserman LLC
Crossroad Rlty Asc LLC
Grant Deed
—
Apr 14, 1998
—
Crossroads Realty Asc
—
Deed Of Trust
related
$2,700,000 · Bear Stevens Funding
—
—
Lapis Rlty Assocs LLC
—
Deed Of Trust
related
$6,650,000 · Cantor Com'l R/e Lndg
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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