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Property profile & analytics
OFF-MARKET
Estimated value
$1,130,000
Life science properties
12 Teal Rd Wakefield, MA 01880-1208
Entity Owned
2-yr Hold
Free & Clear
Property ID
US38-0609546
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1965
Construction
STEEL FRAME
Total area
8,712 SF
Lot
0.66 ac (28,828 SF)
Zoning code
I
APN
WAKE M:00036W B:0009 P:000015
UPID
US38-0609546
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
-
Dependable Security Systems, Inc. Security Service General Contractor
-
Sentenia Systems, Inc. Telecommunications Service
-
Radiarc Technologies Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.53M
Blend (final)
Blend
$1.13M
Owner & transaction history
12 Teal Road LLC · 2 yrs held
12 Teal Road LLC
since 2023
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
I · Wakefield, MA
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 Wakefield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wakefield 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
$1,075,000
ML approach
$1,050,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
$1,420,000
Current use
Blend value · Realmo final
$1.13M
Range $1.02M – $1.24M · ±10% · vs last sale $1.20M (Sep 20 2023)
Last sale anchor
$1.20M
Sep 20 2023
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
$130 / 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
$24,072
Tax year 2024
Assessed value
$1,109,300
Assessed 2024
Previous assessed
$1,048,000
+5.8% YoY
Effective rate
2.17%
On assessed value
Assessed land
$466,100
Assessed improvement
$643,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1965
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
3
Bathrooms
4
Total area
8,712 SF
Lot
0.66 ac (28,828 SF)
Zoning code
I
APN
WAKE M:00036W B:0009 P:000015
UPID
US38-0609546
Jurisdiction
WAKEFIELD
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
I · Wakefield, MA
Zoning I · permitted uses
I · Wakefield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wakefield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
Est. value
$1.4M
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
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
1965
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
3
Bathrooms
4
Lot
0.66 ac
Current owner
From public records · entity-resolved
12 Teal Road LLC
Entity
Free & Clear · 2 yrs held
Mailing address
12 TEAL RD, WAKEFIELD, MA 01880-1208
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2023
$1,200,000
12 Teal Road LLC
12 Teal RT
Quit Claim Arm's Length For Ne States
—
Jun 28, 2018
—
12 Teal Trust
—
Deed
related
$350,000 · Wheeler T
Sep 22, 2016
—
12 Teal Realty Trust
—
Deed
related
$300,000 · Wheeler Point Trust (ct)
Apr 22, 2015
$936,600
12 Teal RT
12 Teal Road RT
Quit Claim Arm's Length For Ne States
$468,300 · East Boston Savings Bank
Sep 26, 2013
$900,000
12 Teal Road RT
St Real Estate LLC
Quit Claim Arm's Length For Ne States
$675,000 · Northern Bank & Trust Co
Nov 23, 2010
—
Saint Re LLC
—
Deed Of Trust
related
$393,000 · H Allen&snyder LLP
May 18, 2007
$900,000
St Re LLC
12 Teal Road T
Grant Deed
$675,000 · Danvers Savings Bank
—
—
12 Teal Realty Trust
—
Deed Of Trust
related
$300,000 · Wheeler Point Trust (ct)
—
—
12 Teal Trust
—
Deed Of Trust
related
$350,000 · Wheeler T
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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