Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Showrooms
94 Mendon St Hopedale, MA 01747-1311
Entity Owned
25-yr Hold
Free & Clear
Property ID
US38-0935762
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1989
Construction
STEEL FRAME
Total area
6,200 SF
Lot
0.85 ac (36,935 SF)
Zoning code
GB-A
APN
HOPE M:0011 B:0006 L:0
UPID
US38-0935762
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
-
Dr. Frederick J. Curley, MD Physician
-
Kathleen A. Richard, MD Physician
-
Michael J. McCormick MD Physician Medical Clinic
-
Mary E. Lange, NP Physician
-
Dr. Theresa J. Glidden, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$860k
Comparable Approach
Comparable
$968k
Blend (final)
Blend
$700k
Owner & transaction history
Milford LP · 25 yrs held
Milford LP
since 2001
2 recorded transactions
Zoning & alternative use
GB-A · Hopedale, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
General Business A
General category
COMMERCIAL
Zone area
34.43 ac
Source
Realmo
Top alternative use upside
Retail stores
$975,000
+42.6%
Auto repair, garage
$950,000
+39.4%
Office building
$845,000
+23.6%
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 Hopedale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hopedale 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%
$930,000
6.5%
$860,000
7%
$800,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$680,000
Current use
RETAIL STORES
$975,000
Change: +43% · Conversion: Easy
AUTO REPAIR, GARAGE
$950,000
Change: +39% · Conversion: Difficult
OFFICE BUILDING
$845,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$785,000
Change: +15% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$745,000
Change: +9% · Conversion: Moderate
WAREHOUSE, STORAGE
$620,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$113 / 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
$24,379
Tax year 2024
Assessed value
$839,500
Assessed 2024
Previous assessed
$839,500
+0.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$230,900
Assessed improvement
$608,600
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
5
Bathrooms
10
Total area
6,200 SF
Lot
0.85 ac (36,935 SF)
Zoning code
GB-A
APN
HOPE M:0011 B:0006 L:0
UPID
US38-0935762
Jurisdiction
HOPEDALE
Zoning & alternative use
GB-A · Hopedale, MAZoning GB-A · permitted uses
GB-A · Hopedale, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
General Business A
General category
COMMERCIAL
Zone area
34.43 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$680,000
RETAIL STORES
Est. value
$975,000
AUTO REPAIR, GARAGE
Est. value
$950,000
OFFICE BUILDING
Est. value
$845,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$785,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$745,000
WAREHOUSE, STORAGE
Est. value
$620,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
5
Bathrooms
10
Lot
0.85 ac
Current owner
From public records · entity-resolved
Milford LP
Entity
Free & Clear · 25 yrs held
Mailing address
219 E MAIN ST STE #102, MILFORD, MA 01757-2823
Ownership since
2001
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
Mar 7, 2001
$518,000
Milford LP
Meehan,kevin P
Grant Deed
—
Jan 27, 1995
$200,000
Kevin P Meehan
Baybank
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.
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?”
You own 94 Mendon St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
