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Property profile & analytics
OFF-MARKET
Estimated value
$3,640,000
Office Spaces
835 Central St, Franklin, MA 02038-3188
Entity Owned
14-yr Hold
Free & Clear
Property ID
US38-1789484
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2001
Construction
STEEL FRAME
Total area
18,691 SF
APN
FRAN M:271 L:025-002
UPID
US38-1789484
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
-
Dr. Kristin G. Miller, MD Pediatrician Medical Clinic
-
William Sweet Physician
-
Dr. Justin Mull Dental Office
-
Pour Richard's Wine and Spirits Specialty Food Shop Wine and Liquor Store
-
Thrive Adult Primary Care Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.74M
Blend (final)
Blend
$3.64M
Owner & transaction history
Jhk Ent LLC · 14 yrs held
Jhk Ent LLC
since 2011
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.0M
+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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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
OFFICE BUILDING
$5,485,000
Current use
AUTO REPAIR, GARAGE
$6,020,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$5,475,000
Change: 0% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$5,370,000
Change: -2% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,785,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$3.64M
Range $3.28M – $4.00M · ±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
$195 / 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
$43,928
Tax year 2024
Assessed value
$3,725,900
Assessed 2024
Previous assessed
$3,725,900
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed improvement
$3,725,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2001
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
7
Bathrooms
16
Total area
18,691 SF
APN
FRAN M:271 L:025-002
UPID
US38-1789484
Jurisdiction
FRANKLIN
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
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
OFFICE BUILDING Current
Est. value
$5.5M
AUTO REPAIR, GARAGE
Est. value
$6.0M
RETAIL STORES
Est. value
$5.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.4M
COMMERCIAL (GENERAL)
Est. value
$4.8M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2001
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
7
Bathrooms
16
Current owner
From public records · entity-resolved
Jhk Ent LLC
Entity
Free & Clear · 14 yrs held
Mailing address
PO BOX 179, SHELDONVILLE, MA 02070-0179
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2016
—
Abl Realty LLC
—
Deed
related
$950,000 · Citizens Bk/ma
Oct 27, 2011
$1
Jhk Ent LLC
Spectrum RT
Grant Deed
—
Oct 27, 2011
$2,375,000
Abl Realty LLC
Jhk Ent LLC
Deed
$1,750,000 · Rbs Citizens NA
—
—
Abl Realty LLC
—
Deed Of Trust
related
$950,000 · Citizens Bk/ma
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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