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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Specialty properties
16 Eldorado Rd, Chelmsford, MA 01824-4437
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0971313
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1965
Total area
1,742 SF
Lot
0.94 ac (40,946 SF)
Zoning code
RB
APN
CHEL M:0126 B:0469 L:8
UPID
US38-0971313
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
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$390k
Blend (final)
Blend
$570k
Owner & transaction history
Cil Rlty Of Massachetts I · 3 yrs held
Cil Rlty Of Massachetts I
since 2023
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
RB · Chelmsford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$490,000
+37.5%
Neighborhood: shopping center
$485,000
+35.4%
Retail stores
$470,000
+31.7%
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 Chelmsford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chelmsford 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
$535,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$355,000
Current use
AUTO REPAIR, GARAGE
$490,000
Change: +37% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$485,000
Change: +35% · Conversion: Difficult
RETAIL STORES
$470,000
Change: +32% · Conversion: Difficult
COMMERCIAL (GENERAL)
$450,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±10% · vs last sale $600k (Jun 30 2023)
Last sale anchor
$600k
Jun 30 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
$327 / 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
Assessed value
$524,200
Assessed 2024
Previous assessed
$461,900
+13.5% YoY
Assessed land
$269,200
Assessed improvement
$255,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1965
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
8
Bathrooms
3
Total area
1,742 SF
Lot
0.94 ac (40,946 SF)
Zoning code
RB
APN
CHEL M:0126 B:0469 L:8
UPID
US38-0971313
Jurisdiction
CHELMSFORD
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
RB · Chelmsford, MA
Zoning RB · permitted uses
RB · Chelmsford, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chelmsford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$355,000
AUTO REPAIR, GARAGE
Est. value
$490,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$485,000
RETAIL STORES
Est. value
$470,000
COMMERCIAL (GENERAL)
Est. value
$450,000
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
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
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
8
Bathrooms
3
Lot
0.94 ac
Current owner
From public records · entity-resolved
Cil Rlty Of Massachetts I
Individual
Mailing address
16 ELDORADO RD, CHELMSFORD, MA 01824-4437
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2025
—
Cil Realty Of Ma INC
—
Deed
related
$20,905,000 · Rockland Trust Co
Jun 30, 2023
$600,000
Cil Rlty Of Massachetts I
Bridgewell INC
Quit Claim Arm's Length For Ne States
$55,000,000 · Td Bank NA
Dec 21, 2005
—
Bridgewell INC
—
Deed Of Trust
related
$3,000,000 · Key Bank NA
Apr 15, 2003
$365,000
Eastern Mass Hsng Corp
Bates,brian
Grant Deed
$292,000 · Enterprise Bank & Trust
Jan 31, 2001
—
Jodi Bates
—
Deed Of Trust
related
$252,000 · Home Security Mortgage Corp
Jun 23, 2000
$315,100
Brian Bates
Atkins,harold N
Grant Deed
$283,550 · Abn Amro Mortgage Group INC
Jun 30, 1993
—
Harold N Atkins
—
Deed Of Trust
related
$71,000 · Boston Five Cents Savings Bank
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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