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Property profile & analytics
OFF-MARKET
Estimated value
$5,085,000
Office buildings
15 Commonwealth Ave Woburn, MA 01801-5193
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US38-0320362
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Construction
STEEL FRAME
Total area
61,488 SF
Lot
5.27 ac (229,561 SF)
Zoning code
I-P
APN
WOBU M:16 B:01 L:10 U:00
UPID
US38-0320362
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
-
Davisware, Inc. (Bike/Boat/Book/etc) Store Corporate Office
-
Middlesex Children's Advocacy Center Social Service Agency Crisis Center
-
Elvira Q. Johnson, MS Physician
-
Massachusetts Children's Alliance Association Or Organization
-
Evergreen Adult Day Health Center Adult Day Care
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.02M
Blend (final)
Blend
$5.09M
Owner & transaction history
Get Your Drag On LLC · 20 yrs held
Get Your Drag On LLC
since 2006
5 recorded transactions
Zoning & alternative use
I-P · Woburn, 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 Woburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woburn 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.09M
Range $4.58M – $5.59M · ±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
$83 / 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
$121,030
Tax year 2024
Assessed value
$6,137,400
Assessed 2024
Previous assessed
$6,053,700
+1.4% YoY
Effective rate
1.97%
On assessed value
Assessed land
$2,390,500
Assessed improvement
$3,746,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1984
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
1
Total area
61,488 SF
Lot
5.27 ac (229,561 SF)
Zoning code
I-P
APN
WOBU M:16 B:01 L:10 U:00
UPID
US38-0320362
Jurisdiction
WOBURN
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
I-P · Woburn, MA
Zoning I-P · permitted uses
I-P · Woburn, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woburn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
1
Lot
5.27 ac
Current owner
From public records · entity-resolved
Get Your Drag On LLC
Entity
Mailing address
434 MASSACHUSETTS AVE STE #401, BOSTON, MA 02118-3522
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2016
—
Get Your Dragon On LLC
—
Deed
related
$12,880,000 · East Boston Savings Bank
Jun 18, 2009
—
Get Your Drag On LLC
—
Deed Of Trust
related
$600,000 · Thomas A Ricchi
Aug 18, 2008
—
Get Your Drag On LLC
—
Deed Of Trust
related
$12,560,000 · Thomas A Ricchi
Dec 21, 2007
—
Bk Berkshire
—
Deed Of Trust
related
$11,132,000 · Thomas A Ricchi
Jun 23, 2006
$4,150,000
Get Your Drag On LLC
American Re Holdings LLC
Grant Deed
$6,800,000 · Thomas A Ricchi
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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