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Property profile & analytics
OFF-MARKET
Estimated value
$1,290,000
Showrooms
815 Pleasant St, Lee, MA 01238-9325
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-0356405
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1975
Total area
29,540 SF
Lot
3.6 ac (156,816 SF)
Zoning code
I
APN
LEEE M:030 B:00 L:0000-0076.0
UPID
US38-0356405
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
-
Applied Dental Sciences Inc Dental Office
-
Oraceutical LLC Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.29M
Owner & transaction history
Slre -815 Pleasant St LLC · 2 yrs held
Slre -815 Pleasant St LLC
since 2023
Last sale
$1.2M
6 recorded transactions
Zoning & alternative use
I · Lee, MA
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 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
$1,410,000
ML approach
$1,355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.29M
Range $1.16M – $1.42M · ±10% · vs last sale $1.20M (Oct 11 2023)
Last sale anchor
$1.20M
Oct 11 2023
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
$44 / 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
$24,160
Tax year 2024
Assessed value
$2,149,500
Assessed 2024
Previous assessed
$2,025,300
+6.1% YoY
Effective rate
1.12%
On assessed value
Assessed land
$521,100
Assessed improvement
$1,628,400
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1975
Heating
NONE
Buildings
1
Total area
29,540 SF
Lot
3.6 ac (156,816 SF)
Zoning code
I
APN
LEEE M:030 B:00 L:0000-0076.0
UPID
US38-0356405
Jurisdiction
LEE
Zoning & alternative use
I · Lee, MA
Zoning I · permitted uses
I · 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.
Building & site characteristics
From public records
Year built
1975
Heating
NONE
Buildings
1
Lot
3.6 ac
Current owner
From public records · entity-resolved
Slre -815 Pleasant St LLC
Entity
Mailing address
392 PO BOX 3582ND RD, MANHATTAN BEACH, CA 90266-1582
Ownership since
2023
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
Oct 11, 2023
—
Slre -815 Pleasant St LLC
Sling LLC
Quit Claim Deed
related
—
Jun 11, 2020
$2,000,000
Sling LLC
Street Lee Pleasant
Quit Claim Deed
—
Oct 21, 2010
—
Pleasant Street Lee Nt
—
Deed Of Trust
related
$60,000 · Kathryn Roberts
May 5, 2006
—
Pleasant Street Lee Nt
—
Deed Of Trust
related
$1,260,000 · South Adams Savings Bank
Apr 12, 2001
$1,200,000
Pleasant St. Lee Nt
Murray,raymond B JR
Grant Deed
$960,000 · Mass Mutual Life Ins
Apr 12, 2001
—
Pleasant St. Lee Nt
—
Deed Of Trust
related
$200,000 · Ray Murray INC
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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