Back to Search
Property profile & analytics
FOR SALE
Other industrial properties
100 Simplex Dr Westminster, MA 01473-1482
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US38-0248004
For Sale
1 / 56
$600,000
100 Simplex Dr, Westminster, MA 01473-1482
View Listing →
Property summary
AI-generated overview
The property is a distribution building with a total area of 142,793 square feet and a clear height of 26 feet.
Property profile
Verified
Property type
Other industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
74.9 ac (3,262,644 SF)
APN
WMIN M:88 B: L:10
UPID
US38-0248004
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
100 Simplex LLC · 8 yrs held
100 Simplex LLC
since 2018
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 Westminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westminster 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
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
—
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
$115,099
Tax year 2024
Assessed value
$9,388,200
Assessed 2024
Previous assessed
$8,887,700
+5.6% YoY
Effective rate
1.23%
On assessed value
Assessed land
$3,688,200
Assessed improvement
$5,700,000
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
Other industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Sale
Heating
NONE
Cooling
YES
Buildings
2
Units
3
Lot
74.9 ac (3,262,644 SF)
APN
WMIN M:88 B: L:10
UPID
US38-0248004
Jurisdiction
WESTMINSTER
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
Heating
NONE
Cooling
Yes
Buildings
2
Units
3
Lot
74.9 ac
Current owner
From public records · entity-resolved
100 Simplex LLC
Entity
Mailing address
133 PEARL ST STE #300, BOSTON, MA 02110-2499
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2022
—
100 Simplex LLC
—
Deed
related
$25,000,000 · Capital One Bank NA
Jul 9, 2018
$13,000,000
100 Simplex LLC
Nip Owner 4 LLC
Quit Claim Arm's Length For Ne States
$9,100,000 · Unibank For Savings
Dec 27, 2016
—
Equity Industrial Simp
—
Deed
related
$1,350,000 · Northern Bk & Tr
Oct 9, 2014
—
Nip Owner 4 LLC
Nip Owner LLC
Quit Claim Deed
related
—
Jan 12, 2012
$9,502,555
Nip Owner LLC
National Industrial Portf
Grant Deed
—
Aug 17, 2007
$23,500,000
National Industries LLC
Equity Industrial LLC
Grant Deed
$315,000,000 · Citigroup Global Markets
Sep 30, 2005
$13,100,000
Equity Industrial LP
Goodrich Westminster L
Deed
$9,999,999 · Anglo Irish Bk Corp
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.
