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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Auto shops
931 Salem St, Groveland, MA 01834-1515
Entity Owned
9-yr Hold
Absentee Owner
Property ID
US38-0168358
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2021
Total area
3,650 SF
Lot
4.08 ac (177,594 SF)
Zoning code
C
APN
GROV M:49 B:004 L:0
UPID
US38-0168358
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
-
Groveland Auto Repair & Sales inc. Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$609k
Blend (final)
Blend
$695k
Owner & transaction history
Anfeh LLC · 9 yrs held
Anfeh LLC
since 2017
4 recorded transactions
Zoning & alternative use
C · Groveland, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$940,000
+7.3%
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 Groveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Groveland 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
AUTO REPAIR, GARAGE
$875,000
Current use
OFFICE BUILDING
$940,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$810,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$730,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$190 / 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
$10,106
Tax year 2024
Assessed value
$746,400
Assessed 2024
Previous assessed
$683,700
+9.2% YoY
Effective rate
1.35%
On assessed value
Assessed land
$231,500
Assessed improvement
$514,900
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2021
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
3,650 SF
Lot
4.08 ac (177,594 SF)
Zoning code
C
APN
GROV M:49 B:004 L:0
UPID
US38-0168358
Jurisdiction
GROVELAND
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Groveland, MA
Zoning C · permitted uses
C · Groveland, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Groveland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$875,000
OFFICE BUILDING
Est. value
$940,000
RETAIL STORES
Est. value
$810,000
COMMERCIAL (GENERAL)
Est. value
$730,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
RETAIL STORES
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
2021
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
4.08 ac
Current owner
From public records · entity-resolved
Anfeh LLC
Entity
Mailing address
37 DWINNELL ST, GROVELAND, MA 01834-1409
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Dec 10, 2020
—
Anfeh LLC
—
Deed
related
$1,331,211 · Haverhill Bank
May 24, 2017
—
Anfeh LLC
Michael Shaw
Quit Claim Deed
related
—
Oct 29, 2015
$380,000
Anfeh LLC
Michael Shaw
Quit Claim Arm's Length For Ne States
$266,000 · Pentucket Bank
Sep 19, 2005
$1
Michael Shaw
Shaw,robert A
Grant Deed
related
—
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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