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Property profile & analytics
FOR LEASE
Retail properties & Spaces
850 Washington St, Attleboro, MA 02703
Entity Owned
5-yr Hold
Free & Clear
Property ID
US38-0066290
For Lease
1 / 2
$5,000/Mo
850 Washington St, Attleboro, MA 02703
View Listing →
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,887 SF
Lot
0.51 ac (22,395 SF)
Zoning code
GB
APN
ATTL M:17 L:17
UPID
US38-0066290
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.08M
Owner & transaction history
Rkr Realty LLC · 5 yrs held
Rkr Realty LLC
since 2020
Last sale
$1.1M
3 recorded transactions
Zoning & alternative use
GB · Attleboro, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$970,000
+20.9%
Auto repair, garage
$870,000
+8.5%
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 Attleboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Attleboro 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
$1,405,000
ML approach
$1,370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$800,000
Current use
COMMERCIAL (GENERAL)
$970,000
Change: +21% · Conversion: Easy
AUTO REPAIR, GARAGE
$870,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$745,000
Change: -7% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$745,000
Change: -7% · Conversion: Moderate
WAREHOUSE, STORAGE
$645,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±10% · vs last sale $1.07M (Oct 28 2020)
Last sale anchor
$1.07M
Oct 28 2020
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
$220 / 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
$10,519
Tax year 2024
Assessed value
$547,300
Assessed 2024
Previous assessed
$547,300
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$341,700
Assessed improvement
$205,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
For Lease
Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
4,887 SF
Lot
0.51 ac (22,395 SF)
Zoning code
GB
APN
ATTL M:17 L:17
UPID
US38-0066290
Jurisdiction
ATTLEBORO
Zoning & alternative use
GB · Attleboro, MA
Zoning GB · permitted uses
GB · Attleboro, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Attleboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$800,000
COMMERCIAL (GENERAL)
Est. value
$970,000
AUTO REPAIR, GARAGE
Est. value
$870,000
OFFICE BUILDING
Est. value
$745,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$745,000
WAREHOUSE, STORAGE
Est. value
$645,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Rkr Realty LLC
Entity
Free & Clear · 5 yrs held
Mailing address
850 WASHINGTON ST, ATTLEBORO, MA 02703-7519
Ownership since
2020
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
Oct 28, 2020
$1,070,000
Rkr Realty LLC
Attleboro RT
Quit Claim Arm's Length For Ne States
—
Jun 6, 2006
$1
Attleboro RT
Leedham RT
Grant Deed
—
Jun 6, 2006
—
Attleboro RT
—
Deed Of Trust
related
$800,000 · Digital FCU
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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