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Property profile & analytics
OFF-MARKET
Estimated value
$6,775,000
Warehouses
91 Wales Ave Avon, MA 02322-1004
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-1494030
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
48,000 SF
Lot
3.55 ac (154,638 SF)
APN
AVON M: 0B8 B:004 L:002
UPID
US38-1494030
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
-
Fifth Avenue Gourmet (Bike/Boat/Book/etc) Store
-
Charles D Sheehy Factory Metal Fabrication Plant
-
Tiromat Medical Packaging Medical Supply Store
-
United Curtain Co Inc Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.98M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.22M
Blend (final)
Blend
$6.78M
Owner & transaction history
Arthur Holdings LLC · 5 yrs held
Arthur Holdings LLC
since 2021
Last sale
$5.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Avon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avon 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
$7,615,000
ML approach
$7,980,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,295,000
Current use
INDUSTRIAL (GENERAL)
$7,870,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$6.78M
Range $6.10M – $7.45M · ±10% · vs last sale $5.65M (Apr 13 2021)
Last sale anchor
$5.65M
Apr 13 2021
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
$141 / 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
$147,750
Tax year 2024
Assessed value
$5,307,100
Assessed 2024
Previous assessed
$5,307,100
+0.0% YoY
Effective rate
2.78%
On assessed value
Assessed land
$701,200
Assessed improvement
$4,605,900
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
48,000 SF
Lot
3.55 ac (154,638 SF)
APN
AVON M: 0B8 B:004 L:002
UPID
US38-1494030
Jurisdiction
AVON
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
WAREHOUSE, STORAGE Current
Est. value
$8.3M
INDUSTRIAL (GENERAL)
Est. value
$7.9M
WAREHOUSE, STORAGE Current
INDUSTRIAL (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
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
3.55 ac
Current owner
From public records · entity-resolved
Arthur Holdings LLC
Entity
Mailing address
675 BODWELL ST EXT, AVON, MA 02322-1019
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2022
—
Arthur Holdings LLC
—
Deed
related
$2,411,000 · Bay Colony Development Corp
Jan 3, 2022
—
Arthur Holdings LLC
—
Deed
related
$12,000,000 · Eastern Bank
Apr 13, 2021
$5,650,000
Arthur Holdings LLC
Thatcher Realty LLC
Quit Claim Arm's Length For Ne States
$2,975,000 · Middlesex Savings Bank
Mar 26, 2007
$2,800,000
Thatcher Realty LLC
Mccoy RT
Grant Deed
$2,000,000 · Gary Needham
May 1, 2002
—
Mccoy RT
—
Deed Of Trust
related
$1,855,000 · Sovereign Bank
Dec 12, 2001
$2,400,000
Mccoy RT
Convenience Food Systm
Grant Deed
—
Mar 2, 1990
$3,600,000
New Deal INC
Harlfinge,charles E
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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