Entity Owned 
For Lease
Contact for pricing
120 Boston Rd, Groton, MA 01450
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Property summary
AI-generated overview
This Class A, two-story medical and traditional office building, totaling 16,000 square feet, presents a unique opportunity. Located in Middlesex County, the property boasts one available suite of 4,000 square feet, ideal for a variety of uses. Currently, a thriving pediatric practice occupies the first floor, creating an established medical environment. The vacant space is easily adaptable for either medical or general office build-out, offering flexibility to suit diverse business needs. Built in 2015, the building features abundant parking, a significant advantage for both staff and clients. The building is comprised of three total suites across its two stories, with a minimum divisible space of 4,000 square feet. This prime location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a modern, well-maintained space in a thriving area. The building's recent construction ensures modern amenities and efficient layouts. This is an exceptional opportunity to secure high-quality office space in a desirable Middlesex County location.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2016
Construction
STEEL FRAME
Total area
8,324 SF
Lot
2.98 ac (129,809 SF)
Zoning code
B1
APN
GROT M:222 B:15 L:
UPID
US38-1099289
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Life Coach Child Psychologist
-
Pediatrician Medical Clinic
-
Psychotherapist Child Psychologist
-
Life Coach Child Psychologist
-
Pediatrician Medical Clinic
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$680k
Owner & transaction history
since 2015
7 recorded transactions
Zoning & alternative use
B1 · Groton, MA
Top alternative use upside
Office building
$1.1M
+57.2%
Restaurant
$965,000
+39.1%
Auto repair, garage
$855,000
+23.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$680k
Value range
$612k – $748k
±10% around blend
Estimated value / SF
$82 / SF
Confidence
Property data
100
Comparable evidence
60
$612k
blend $680k
$748k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,324 SF
Lot area
2.98 ac
Year built
2016
Stories
1
APN
GROT M:222 B:15 L:
Zoning
B1
Assessed value
$2,927,600
Annual tax
$44,177
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$680k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+57%
vs current-use indication
Restaurant
Auto Repair, Garage
Retail Stores
Medical Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.93M
Move the market yield to see immediate price impact.
Value / SF
$352
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$184k
$3.69M
$2.63M
$2.05M
$205k
$4.10M
$2.93M
$2.28M
$225k
$4.51M
$3.22M
$2.50M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$44,177
Tax year 2024
Assessed value
$2,927,600
Assessed 2024
Previous assessed
$2,927,600
+0.0% YoY
Effective rate
1.51%
On assessed value
Assessed land
$334,600
Assessed improvement
$2,593,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
2016
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
166
Rooms
30
Bathrooms
8
Total area
8,324 SF
Lot
2.98 ac (129,809 SF)
Zoning code
B1
APN
GROT M:222 B:15 L:
UPID
US38-1099289
Jurisdiction
GROTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
B1 · Groton, MAZoning B1 · permitted uses
B1 · Groton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
166
Rooms
30
Bathrooms
8
Lot
2.98 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B1
Jurisdiction
Groton, MA
Recorded code
B1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B1 in Groton, MA.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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