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Property profile & analytics
OFF-MARKET
Estimated value
$34,810,000
Office buildings
97 Libbey Industrial Pkwy, Weymouth, MA 02189-3110
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US38-0322306
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
FRAME
Total area
103,128 SF
Lot
13.01 ac (566,913 SF)
Zoning code
85
APN
WEYM M:33 B:432 L:002
UPID
US38-0322306
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
-
Bruce Thompson, Commercial Insurance Agent Insurance Agency
-
Paul Wasson Ophthalmologist
-
Health Care South Physician
-
Infotrends Research Group Advertising Agency Marketing & Advertising
-
Sunguard Expert Solutions (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$37.14M
Comparable Approach
Comparable
$36.70M
Blend (final)
Blend
$34.81M
Owner & transaction history
Foxrock Weymouth At Rlty · 13 yrs held
Foxrock Weymouth At Rlty
since 2013
7 recorded transactions
Zoning & alternative use
85 · Weymouth, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$44.3M
+48.5%
Auto repair, garage
$33.2M
+11.4%
Retail stores
$29.8M
+0.1%
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 Weymouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weymouth 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%
$40,230,000
6.5%
$37,135,000
7%
$34,485,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$29,810,000
Current use
RESTAURANT
$44,265,000
Change: +48% · Conversion: Moderate
AUTO REPAIR, GARAGE
$33,210,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$29,835,000
Change: +0% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$29,625,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$34.81M
Range $31.33M – $38.29M · ±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
$338 / 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
$362,894
Tax year 2024
Assessed value
$22,304,500
Assessed 2024
Previous assessed
$21,458,600
+3.9% YoY
Effective rate
1.63%
On assessed value
Assessed land
$1,772,000
Assessed improvement
$20,532,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2002
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Total area
103,128 SF
Lot
13.01 ac (566,913 SF)
Zoning code
85
APN
WEYM M:33 B:432 L:002
UPID
US38-0322306
Jurisdiction
WEYMOUTH
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
85 · Weymouth, MA
Zoning 85 · permitted uses
85 · Weymouth, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Weymouth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$29.8M
RESTAURANT
Est. value
$44.3M
AUTO REPAIR, GARAGE
Est. value
$33.2M
RETAIL STORES
Est. value
$29.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$29.6M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2002
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Lot
13.01 ac
Current owner
From public records · entity-resolved
Foxrock Weymouth At Rlty
Individual
Mailing address
PO BOX 690528, QUINCY, MA 02269-0528
Ownership since
2013
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
Apr 4, 2013
$10,500,000
Foxrock Weymouth At Rlty
Libbey Park LLC
Grant Deed
$5,250,000 · Rockland Trust Co
Jun 1, 2006
—
Assoc 2 Campanelli
—
Deed Of Trust
related
$13,870,000 · Cambridge Savings Bank
Dec 31, 2003
—
Stephen M Ryan
—
Deed Of Trust
related
$95,000 · Old Colony Mortgage Corp
Apr 4, 2003
—
Patricia J O'shea
—
Deed Of Trust
related
$250,000 · Old Colony Mortgage Corp
Feb 15, 2001
—
Libbey Pk LLC
—
Deed Of Trust
related
$12,500,000 · Cambridge Savings Bank
Jan 6, 1999
$900,000
Libbey Pk LLC
Flibotte,michael T
Grant Deed
—
—
—
Foxrock Weymouth At Rlty
—
Deed Of Trust
related
$14,140,000 · Rockland Tr
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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