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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
815 Blandford Rd Russell, MA 01071-9774
Trust Owned
10-yr Hold
Free & Clear
Property ID
US38-1650057
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1900
Construction
FRAME
Total area
1,844 SF
Lot
0.72 ac (31,500 SF)
APN
RUSS M:0019 B:0008 L:0006
UPID
US38-1650057
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
-
The Breadbasket Bakery and Cafe Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
815 Blandford Road Land Trust · 10 yrs held
815 Blandford Road Land Trust
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Russell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Russell 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,442
Tax year 2024
Assessed value
$200,600
Assessed 2024
Previous assessed
$171,100
+17.2% YoY
Effective rate
1.72%
On assessed value
Assessed land
$59,200
Assessed improvement
$141,400
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
STEAM
Cooling
YES
Buildings
1
Stories
1
Rooms
3
Bathrooms
1
Total area
1,844 SF
Lot
0.72 ac (31,500 SF)
APN
RUSS M:0019 B:0008 L:0006
UPID
US38-1650057
Jurisdiction
RUSSELL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
STEAM
Cooling
Yes
Stories
1
Buildings
1
Rooms
3
Bathrooms
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
815 Blandford Road Land Trust
Trust
Free & Clear · 10 yrs held
Mailing address
815 BLANDFORD RD, RUSSELL, MA 01071-9774
Ownership since
2015
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 27, 2015
$80,000
815 Blandford Road Land Trust
Melchionno,anthony
Quit Claim Deed
—
Aug 28, 2014
—
Anthony Melchionno
—
Grant Deed
related
$50,000 · Global Funding Grp
Feb 3, 2014
$61,000
Anthony Melchionno
Pcy Realty Inv INC
Quit Claim Deed
—
Nov 12, 2003
$100,000
Pcy Rlty Investments INC
Westfield Bk
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
$96,000 · Bank Of Western Massachusetts
Jun 7, 2001
$125,000
Henry J Trudeau
Hart,gregory A
Grant Deed
$145,000 · Westfield Bank Fsb
Dec 12, 1990
—
Gregory A Hart
—
Deed Of Trust
related
$135,000 · Woronoco Savings Bank
Jul 18, 1988
—
Gregory A Hart
—
Deed Of Trust
related
$15,000 · Woronoco Savings 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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