Property profile

15 Pacella Park Dr Randolph, MA 02368

OFF-MARKET
Office buildings
Property ID
US38-0149685
53,224 SF 3.61 ac lot Built 1985
Individually Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A first-floor office suite totaling approximately 7,190 square feet with a layout that includes about nine private offices, a break room, an entry area, and a bullpen area. The suite may be used as-is for office operations and can also be combined with an additional 16,326 square feet of open floor plan office space across the hall, creating a combined footprint of about 23,516 square feet. The space is configured for plug-and-play use or full vacancy, depending on the tenant’s needs. The building is located in a suburban area within roughly 15 miles of downtown Boston, with access to I-93, Route 28, Route 24, and MBTA commuter rail service.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Construction STEEL FRAME
Total area 53,224 SF
Lot 3.61 ac (157,252 SF)
Zoning code I
APN RAND M:03 B:O L:005
UPID US38-0149685

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
  • Accounting Firm Tax Preparation
  • Insurance Agency
  • Corporate Office Business Park
  • Physician
  • Medical Clinic

Location

15 Pacella Park Dr Randolph, MA 02368-1780
Randolph metro Census 420102 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.18M
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.37M
Blend (final) Blend
$7.17M

Owner & transaction history

since 2022
Last sale
$6.6M
4 recorded transactions
2022
$6.6M
2010
Price N/A
2004
$125,000
1969
Price N/A

Zoning & alternative use

I · Randolph, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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