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Property profile & analytics
FOR SALE
Industrial properties
92 Blandin Ave, Framingham, MA 01702
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-1821445
For Sale
1 / 2
$10,200,000
92 Blandin Ave, Framingham, MA 01702
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1904
Construction
FRAME
Total area
147,681 SF
Lot
5.58 ac (243,108 SF)
Zoning code
M
APN
FRAM M:135 B:05 L:7008 U:000
UPID
US38-1821445
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
-
Autopart International Auto Parts Store (Bike/Boat/Book/etc) Store
-
BUSHIDO-KAI Training Center Sports School
-
DetraPel Inc Chemical Plant Factory
-
Parts Authority Auto Parts Store
-
Bgs Painting Painting
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.55M
Blend (final)
Blend
$10.20M
Owner & transaction history
Cygnus Blandin LLC · 11 yrs held
Cygnus Blandin LLC
since 2014
6 recorded transactions
Zoning & alternative use
M · Framingham, MA
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 Framingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Framingham 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
Blend value · Realmo final
$10.20M
Range $9.18M – $11.22M · ±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
$69 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$119,397
Tax year 2020
Assessed value
$5,104,100
Assessed 2024
Previous assessed
$5,104,100
+0.0% YoY
Effective rate
2.34%
On assessed value
Assessed land
$1,470,900
Assessed improvement
$3,633,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Sale
Year built
1904
Construction
FRAME
Heating
SPACE
Buildings
3
Stories
1
Units
14
Bathrooms
6
Total area
147,681 SF
Lot
5.58 ac (243,108 SF)
Zoning code
M
APN
FRAM M:135 B:05 L:7008 U:000
UPID
US38-1821445
Jurisdiction
FRAMINGHAM
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
M · Framingham, MA
Zoning M · permitted uses
M · Framingham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Framingham. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1904
Construction
FRAME
Heating
SPACE
Stories
1
Buildings
3
Units
14
Bathrooms
6
Lot
5.58 ac
Current owner
From public records · entity-resolved
Cygnus Blandin LLC
Entity
Free & Clear · 11 yrs held
Mailing address
235 W CENTRAL ST STE, NATICK, MA 01760-3770
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2022
—
Stonegate 92 Blandin Ave
—
Deed
related
$10,500,000 · Middlesex Savings Bank
Dec 22, 2017
—
Stonegate 92 Blandin A
—
Deed
related
$2,000,000 · Middlesex Savings Bank
Jul 18, 2014
—
Cygnus Blandin LLC
Concord Blandin LLC
Quit Claim Deed
related
—
Aug 30, 2006
$5,620,000
Concord Blandin LLC
Blandin Avenue LLC
Grant Deed
$5,200,000 · Bear Stevens Funding
May 9, 2002
$3,700,000
Blandin Ave LLC
Framingham Site One T
Grant Deed
$2,700,000 · Zuckerman Family Nomi
Nov 19, 1991
—
Ave T Blandin
—
Deed Of Trust
related
$35,000 · Zuckerman Family Nomi
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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