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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Office buildings
83 Main St, Medway, MA 02053-1812
Individually Owned
3-yr Hold
Free & Clear
Property ID
US38-0695400
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1962
Construction
FRAME
Total area
2,348 SF
Lot
0.5 ac (21,780 SF)
Zoning code
CB
APN
MEDW M:40 B:079
UPID
US38-0695400
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
-
Luna's Flower Shop (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$413k
Blend (final)
Blend
$520k
Owner & transaction history
Paul Baima · 3 yrs held
Paul Baima
since 2023
Last sale
$499,900
3 recorded transactions
Zoning & alternative use
CB · Medway, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$755,000
+9.8%
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 Medway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Medway 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
$530,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$690,000
Current use
AUTO REPAIR, GARAGE
$755,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$685,000
Change: 0% · Conversion: Moderate
COMMERCIAL (GENERAL)
$600,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $500k (Mar 14 2023)
Last sale anchor
$500k
Mar 14 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
$221 / 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
$6,481
Tax year 2024
Assessed value
$450,100
Assessed 2024
Previous assessed
$450,700
-0.1% YoY
Effective rate
1.44%
On assessed value
Assessed land
$292,700
Assessed improvement
$157,400
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1962
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
1
Units
1
Rooms
5
Bathrooms
2
Total area
2,348 SF
Lot
0.5 ac (21,780 SF)
Zoning code
CB
APN
MEDW M:40 B:079
UPID
US38-0695400
Jurisdiction
MEDWAY
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
CB · Medway, MA
Zoning CB · permitted uses
CB · Medway, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Medway. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$690,000
AUTO REPAIR, GARAGE
Est. value
$755,000
RETAIL STORES
Est. value
$685,000
COMMERCIAL (GENERAL)
Est. value
$600,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1962
Construction
FRAME
Heating
HOT WATER
Stories
1
Buildings
1
Units
1
Rooms
5
Bathrooms
2
Lot
0.5 ac
Current owner
From public records · entity-resolved
Paul Baima
Individual
Free & Clear · 3 yrs held
Mailing address
83 MAIN ST, MEDWAY, MA 02053-1812
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2023
$499,900
Paul Baima
Dem Rlty Enterprises LLC
Deed
—
Jun 25, 2021
$469,900
Dem Rlty Enterprises LLC
Parr 4 LLC
Quit Claim Arm's Length For Ne States
$472,000 · Middlesex Savings Bank
Apr 15, 2014
$297,500
Parr 4 LLC
Cenedella Ft
Quit Claim Arm's Length For Ne States
$223,000 · Charles River 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.
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