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Property profile & analytics
OFF-MARKET
Estimated value
$4,545,000
Retail space
82 Tpke Rd, Ipswich, MA 01938-1047
Entity Owned
7-yr Hold
Free & Clear
Property ID
US38-1105467
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2014
Construction
STEEL FRAME
Total area
19,665 SF
Lot
17.01 ac (740,781 SF)
Zoning code
PC
APN
IPSW M:27C B:0020 L:0
UPID
US38-1105467
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
-
Tractor Supply Co. Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.97M
Comparable Approach
Comparable
$5.55M
Blend (final)
Blend
$4.55M
Owner & transaction history
Agree Stores LLC · 7 yrs held
Agree Stores LLC
since 2019
6 recorded transactions
Zoning & alternative use
PC · Ipswich, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.8M
+55.2%
Apartment house (5+ units)
$6.3M
+43.8%
Office building
$5.1M
+15.6%
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 Ipswich submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ipswich 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%
$5,385,000
6.5%
$4,970,000
7%
$4,615,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,375,000
Current use
RESTAURANT
$6,785,000
Change: +55% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$6,290,000
Change: +44% · Conversion: Difficult
OFFICE BUILDING
$5,055,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,710,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,920,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$4.55M
Range $4.09M – $5.00M · ±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
$231 / 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
$50,568
Tax year 2024
Assessed value
$4,443,600
Assessed 2024
Previous assessed
$4,443,600
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$941,700
Assessed improvement
$3,501,900
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2014
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
19,665 SF
Lot
17.01 ac (740,781 SF)
Zoning code
PC
APN
IPSW M:27C B:0020 L:0
UPID
US38-1105467
Jurisdiction
IPSWICH
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
PC · Ipswich, MA
Zoning PC · permitted uses
PC · Ipswich, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ipswich. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.4M
RESTAURANT
Est. value
$6.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.3M
OFFICE BUILDING
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$4.7M
COMMERCIAL (GENERAL)
Est. value
$3.9M
RETAIL STORES Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2014
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
17.01 ac
Current owner
From public records · entity-resolved
Agree Stores LLC
Entity
Free & Clear · 7 yrs held
Mailing address
70 E LONG LK RD, BLOOMFIELD HILLS, MI 48304-2356
Ownership since
2019
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
Jun 24, 2019
$7,900,000
Agree Stores LLC
Field Of Diamonds LLC
Quit Claim Deed
—
Dec 12, 2016
$1,000,000
Smethurst Realty LLC
Field Of Diamonds LLC
Quit Claim Deed
$800,000 · Keybank USA
Apr 22, 2014
$1,775,000
Field Of Diamonds LLC
76-84 Newburyprt Tpke
Quit Claim Arm's Length For Ne States
$3,600,000 · Peoples United Bank
Aug 30, 2007
$1
76-84 Newburyport LLC
76-84 Newburyport Bus
Grant Deed
—
Aug 9, 2007
$1
Constantine Andrianos
Waisnor,anne Markos Tr
Grant Deed
—
Jun 21, 2007
$1
Markos,euripides J Tr
Waisnor,anne Tr
Grant Deed
—
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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