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Property profile & analytics
FOR LEASE
Warehouses
1 Jewel Dr Wilmington, MA 01887
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-0901349
For Lease
1 / 3
$16,170,000
1 Jewel Dr, Wilmington, MA 01887
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1976
Construction
STEEL FRAME
Total area
191,941 SF
Lot
12.36 ac (538,402 SF)
APN
WILM M:0024 L:0000 P:0205
UPID
US38-0901349
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
-
Final Finish Collision Centers Car Wash
-
Trinity Building + Construction Management Corp Construction Company General Contractor
-
Orkin Garden Center
-
KYOCERA Intelligence Tech Support Center IT Consulting Firm
-
DRAGON HEART TAEKWONDO Training Center Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$21.75M
Blend (final)
Blend
$16.17M
Owner & transaction history
Jewel Drive Wilmington · 6 yrs held
Jewel Drive Wilmington
since 2019
7 recorded transactions
Zoning & alternative use
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 Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmington 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
$16.17M
Range $14.55M – $17.79M · ±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
$84 / 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
$376,613
Tax year 2024
Assessed value
$14,358,100
Assessed 2024
Previous assessed
$14,617,300
-1.8% YoY
Effective rate
2.62%
On assessed value
Assessed land
$3,886,400
Assessed improvement
$10,471,700
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1976
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
6
Bathrooms
2
Total area
191,941 SF
Lot
12.36 ac (538,402 SF)
APN
WILM M:0024 L:0000 P:0205
UPID
US38-0901349
Jurisdiction
WILMINGTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1976
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
6
Bathrooms
2
Lot
12.36 ac
Current owner
From public records · entity-resolved
Jewel Drive Wilmington
Individual
Mailing address
133 PEARL ST STE #300, BOSTON, MA 02110-2499
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2025
—
904 Main St Realty Co LLC
—
Deed
related
$4,100,000 · Rockland Trust Co
Nov 1, 2024
—
904 Main St Realty Co LLC
—
Deed
related
$4,250,000 · Enterprise Bank & Trust Co
Dec 5, 2019
$13,075,000
Jewel Drive Wilmington
1 Jewel LLC
Quit Claim Arm's Length For Ne States
$9,800,000 · Eastern Bank
May 27, 2016
$6,156,923
1 Jewel LLC
How 1 Jewel LLC
Quit Claim Arm's Length For Ne States
$9,100,000 · East Boston Savings Bank
Apr 17, 2014
—
904 Main St Realty Co LLC
—
Deed Of Trust
related
$2,196,000 · Boston Private Bank
Nov 7, 2013
$375,000
904 Main St Realty Co LLC
How 1 Jewell LLC
Quit Claim Deed
—
Dec 20, 2012
$4,150,000
How 1 Jewel LLC
Lsref 2 Clover Prop 17
Grant Deed
$6,112,500 · East Boston Savings Bank
Oct 17, 2012
$436,000
Lsrfe2 Clover Props 17
Hidden Jewel
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Aug 22, 2006
$4,800,000
Hidden Jewel LLC
Sanmina Sci Corp
Grant Deed
$3,100,000 · Jdi Wilmass LLC
Oct 25, 2005
—
Sanmina-sci Corp
—
Deed Of Trust
related
$500,000 · Citibank Fsb
Dec 27, 2002
—
Sanmina-sci Corp
—
Deed Of Trust
related
$750,000 · State Street Bank & Trust Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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