New search
Property profile & analytics
FOR LEASE
Office buildings
1 Van De Graaff Dr, Burlington, MA 01803
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0907829
For Lease
1 / 2
$32,905,000
1 Van De Graaff Dr, Burlington, MA 01803
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
STEEL FRAME
Total area
154,340 SF
Lot
3.61 ac (157,252 SF)
Zoning code
IG
APN
BURL M:000053 P:007-19
UPID
US38-0907829
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
-
Keypoint Partners Property Management Company
-
Vanguard Heating & Cooling HVAC Service General Contractor
-
HR Practitioners Group Association Or Organization
-
Hispanic Real Estate Library tv Consultant
-
FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$34.59M
Blend (final)
Blend
$32.91M
Owner & transaction history
Foxrock 1 Vandy Rlty LLC · 4 yrs held
Foxrock 1 Vandy Rlty LLC
since 2021
Last sale
$33.3M
3 recorded transactions
Zoning & alternative use
IG · Burlington, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$44.8M
+58.3%
Auto repair, garage
$43.4M
+53.4%
Neighborhood: shopping center
$42.8M
+51.0%
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 Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington 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
$30,535,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$28,310,000
Current use
RESTAURANT
$44,810,000
Change: +58% · Conversion: Moderate
AUTO REPAIR, GARAGE
$43,440,000
Change: +53% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$42,765,000
Change: +51% · Conversion: Difficult
RETAIL STORES
$41,605,000
Change: +47% · Conversion: Moderate
COMMERCIAL (GENERAL)
$39,885,000
Change: +41% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$35,560,000
Change: +26% · Conversion: Easy
INDUSTRIAL (GENERAL)
$23,690,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$32.91M
Range $29.61M – $36.20M · ±10% · vs last sale $33.25M (Aug 27 2021)
Last sale anchor
$33.25M
Aug 27 2021
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
$213 / 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
$768,028
Tax year 2024
Assessed value
$29,757,000
Assessed 2024
Previous assessed
$29,757,000
+0.0% YoY
Effective rate
2.58%
On assessed value
Assessed land
$3,127,400
Assessed improvement
$26,629,600
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
For Lease
Year built
1986
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
6
Units
1
Bathrooms
51
Total area
154,340 SF
Lot
3.61 ac (157,252 SF)
Zoning code
IG
APN
BURL M:000053 P:007-19
UPID
US38-0907829
Jurisdiction
BURLINGTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
IG · Burlington, MA
Zoning IG · permitted uses
IG · Burlington, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burlington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$28.3M
RESTAURANT
Est. value
$44.8M
AUTO REPAIR, GARAGE
Est. value
$43.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$42.8M
RETAIL STORES
Est. value
$41.6M
COMMERCIAL (GENERAL)
Est. value
$39.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$35.6M
INDUSTRIAL (GENERAL)
Est. value
$23.7M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (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
1986
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
6
Buildings
1
Units
1
Bathrooms
51
Lot
3.61 ac
Current owner
From public records · entity-resolved
Foxrock 1 Vandy Rlty LLC
Entity
Mailing address
350 GRANITE ST STE #2205, BRAINTREE, MA 02184-4963
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2021
—
Foxrock 1 Vandy Rlty LLC
—
Deed
related
$26,130,000 · Berkshire Bank
Aug 27, 2021
$33,250,000
Foxrock 1 Vandy Rlty LLC
Realty Assoc Fund X L P
Quit Claim Arm's Length For Ne States
$26,130,000 · Berkshire Bank
Jul 31, 2014
$38,500,000
Realty Assoc Fund 10 LP
Mass Mutual Life Ins Co
Quit Claim 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?”
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.
