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Property profile & analytics
OFF-MARKET
Estimated value
$61,965,000
Commercial real estate
10 Maguire Rd, Lexington, MA 02421-3110
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-1108714
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1968
Construction
STEEL FRAME
Total area
297,389 SF
Lot
16 ac (696,960 SF)
Zoning code
CM
APN
LEXI M:0085 L:000015
UPID
US38-1108714
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
-
Canonical USA, Inc. (Bike/Boat/Book/etc) Store Corporate Office
-
iBasis Telecommunications Service
-
Molecubes Inc. Production Facility Factory
-
MC10 Inc Production Facility
-
Domain Pharma Corporation Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$75.49M
Comparable Approach
Comparable
$38.54M
Blend (final)
Blend
$61.97M
Owner & transaction history
Sre Flag LLC · 5 yrs held
Sre Flag LLC
since 2021
Last sale
$66.5M
6 recorded transactions
Zoning & alternative use
CM · Lexington, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$86.3M
+12.4%
Auto repair, garage
$83.7M
+8.9%
Neighborhood: shopping center
$82.4M
+7.2%
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 Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington 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
$62,865,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$81,780,000
6.5%
$75,490,000
7%
$70,100,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$76,850,000
Current use
RESTAURANT
$86,340,000
Change: +12% · Conversion: Difficult
AUTO REPAIR, GARAGE
$83,705,000
Change: +9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$82,400,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$80,170,000
Change: +4% · Conversion: Easy
OFFICE BUILDING
$77,220,000
Change: +0% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$68,520,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$61.97M
Range $55.77M – $68.16M · ±10% · vs last sale $66.47M (Apr 28 2021)
Last sale anchor
$66.47M
Apr 28 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
$208 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$1,063,050
Tax year 2020
Assessed value
$38,887,000
Assessed 2024
Previous assessed
$39,949,000
-2.7% YoY
Effective rate
2.73%
On assessed value
Assessed land
$13,758,000
Assessed improvement
$25,129,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1968
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
4
Stories
3
Units
4
Rooms
1
Total area
297,389 SF
Lot
16 ac (696,960 SF)
Zoning code
CM
APN
LEXI M:0085 L:000015
UPID
US38-1108714
Jurisdiction
LEXINGTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
CM · Lexington, MA
Zoning CM · permitted uses
CM · Lexington, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lexington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$76.9M
RESTAURANT
Est. value
$86.3M
AUTO REPAIR, GARAGE
Est. value
$83.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$82.4M
RETAIL STORES
Est. value
$80.2M
OFFICE BUILDING
Est. value
$77.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$68.5M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
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
1968
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
4
Units
4
Rooms
1
Lot
16 ac
Current owner
From public records · entity-resolved
Sre Flag LLC
Entity
Mailing address
980 N MICHIGAN AVE STE #1700, CHICAGO, IL 60611-7503
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2021
$66,465,000
Sre Flag LLC
10 Mag Owner LLC
Quit Claim Arm's Length For Ne States
$85,423,679 · Acore Capital LP
Jul 1, 2016
$46,000,000
10 Mag Owner LLC
Normandy Lexington Acq
Quit Claim Arm's Length For Ne States
$32,000,000 · Cambridge Svgs Bk
Aug 8, 2006
$47,500,000
Normandy Lexi Acquisition
Lexington Corp Ctr Assoc
Grant Deed
$25,000,000 · Lehman Brothers Holdings INC
Aug 27, 2004
$1
Lexington Corporate Ctr
10 Maguire Road LLC
Grant Deed
related
—
May 26, 1999
—
10 Maguire Rd LLC
—
Deed Of Trust
related
$320,000 · Zuckerman Family Nomi
Apr 16, 1997
$7,200,000
10 Maguire Rd LLC
Litton Systems INC
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.
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