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Property profile & analytics
OFF-MARKET
Estimated value
$9,745,000
Individual retail properties
9 Tech Cir, Natick, MA 01760-1345
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0681098
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1960
Total area
54,100 SF
Lot
5.49 ac (239,232 SF)
Zoning code
INI
APN
NATI M:00000008 P:00000042
UPID
US38-0681098
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
-
Kids Wonderland Academy Daycare Center
-
THD America Corporate Office
-
Our Future Learning Center Daycare Center
-
Bruce Sabian Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.75M
Owner & transaction history
Sow A Habit Rac LLC · 3 yrs held
Sow A Habit Rac LLC
since 2022
Last sale
$10.9M
2 recorded transactions
Zoning & alternative use
INI · Natick, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$7.9M
+285.0%
Restaurant
$6.3M
+205.4%
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 Natick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Natick 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
$9,315,000
ML approach
$7,920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,905,000
Change: +285% · Conversion: Difficult
RESTAURANT
$6,270,000
Change: +205% · Conversion: Difficult
Blend value · Realmo final
$9.75M
Range $8.77M – $10.72M · ±10% · vs last sale $10.87M (Nov 1 2022)
Last sale anchor
$10.87M
Nov 1 2022
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
$180 / 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
$68,993
Tax year 2024
Assessed value
$5,627,500
Assessed 2024
Previous assessed
$5,627,500
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$3,108,300
Assessed improvement
$2,519,200
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1960
Heating
FORCED AIR
Buildings
1
Stories
2
Units
2
Rooms
1
Total area
54,100 SF
Lot
5.49 ac (239,232 SF)
Zoning code
INI
APN
NATI M:00000008 P:00000042
UPID
US38-0681098
Jurisdiction
NATICK
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
INI · Natick, MA
Zoning INI · permitted uses
INI · Natick, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Natick. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$7.9M
RESTAURANT
Est. value
$6.3M
OFFICE BUILDING
RESTAURANT
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
1960
Heating
FORCED AIR
Stories
2
Buildings
1
Units
2
Rooms
1
Lot
5.49 ac
Current owner
From public records · entity-resolved
Sow A Habit Rac LLC
Entity
Mailing address
203 OAK ST, NATICK, MA 01760-1344
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2022
$10,868,662
Sow A Habit Rac LLC
Columbia Equities LP
Quit Claim Arm's Length For Ne States
$7,592,500 · Live Oak Banking Company
Oct 25, 2022
$1,200,000
Columbia Equities LP
Tennis Corp Of America
Quit Claim Arm's Length For Ne States
—
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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