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Property profile & analytics
OFF-MARKET
Estimated value
$3,720,000
Manufacturing properties
96 Palmer Rd, Monson, MA 01057-9509
Entity Owned
7-yr Hold
Free & Clear
Property ID
US38-1135654
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1959
Construction
FRAME
Total area
50,656 SF
Lot
5.62 ac (244,807 SF)
Zoning code
I
APN
MONS M:111 B:071
UPID
US38-1135654
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
-
Holistic Industries Garden Center Landscaping
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.16M
Comparable Approach
Comparable
$4.27M
Blend (final)
Blend
$3.72M
Owner & transaction history
Iip-ma 2 LLC · 7 yrs held
Iip-ma 2 LLC
since 2018
5 recorded transactions
Zoning & alternative use
I · Monson, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.2M
+81.2%
Office building
$4.6M
+63.4%
Commercial (general)
$4.4M
+55.8%
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 Monson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monson 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%
$4,510,000
6.5%
$4,160,000
7%
$3,865,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,845,000
Current use
RETAIL STORES
$5,150,000
Change: +81% · Conversion: Moderate
OFFICE BUILDING
$4,645,000
Change: +63% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,430,000
Change: +56% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,590,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$3.72M
Range $3.35M – $4.09M · ±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
$73 / 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
$69,750
Tax year 2024
Assessed value
$4,500,000
Assessed 2024
Previous assessed
$4,500,000
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$141,600
Assessed improvement
$4,358,400
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1959
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Total area
50,656 SF
Lot
5.62 ac (244,807 SF)
Zoning code
I
APN
MONS M:111 B:071
UPID
US38-1135654
Jurisdiction
MONSON
Zoning & alternative use
I · Monson, MA
Zoning I · permitted uses
I · Monson, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.8M
RETAIL STORES
Est. value
$5.2M
OFFICE BUILDING
Est. value
$4.6M
COMMERCIAL (GENERAL)
Est. value
$4.4M
WAREHOUSE, STORAGE
Est. value
$2.6M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1959
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Lot
5.62 ac
Current owner
From public records · entity-resolved
Iip-ma 2 LLC
Entity
Free & Clear · 7 yrs held
Mailing address
11440 W BERNARDO CT STE #100, SAN DIEGO, CA 92127-1642
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2018
$12,750,000
Iip-ma 2 LLC
3g Mgmt LLC
Quit Claim Deed
—
May 23, 2016
$825,000
3g Management LLC
Northeast Investments LLC
Warranty Deed
—
May 9, 2014
$100,000
Northeast Investment LLC
Franco,ignatius
Foreclosure
related
—
Mar 4, 2008
—
Franco
—
Deed Of Trust
related
$720,000 · Zions First National Bank
Feb 9, 2006
$1,200,000
Franco
Menasha Corp
Grant Deed
$425,000 · Zions First National Bank
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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