Back to Search
Property profile & analytics
FOR LEASE
Office buildings
174 Middlesex Tpke Bedford, MA 01730
Entity Owned
13-yr Hold
Free & Clear
Property ID
US38-1391413
No photos on file
For Lease
$46,970,000
174 Middlesex Tpke, Bedford, MA 01730
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Construction
STEEL FRAME
Total area
188,042 SF
Lot
32.31 ac (1,407,537 SF)
Zoning code
COM
APN
BEDF M:012 P:0017-3
UPID
US38-1391413
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
-
RSA Security LLC IT Consulting Firm Tech Support Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$55.33M
Blend (final)
Blend
$46.97M
Owner & transaction history
Cole Of Bedford Ma LLC · 13 yrs held
Cole Of Bedford Ma LLC
since 2012
4 recorded transactions
Zoning & alternative use
COM · Bedford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$54.6M
+32.6%
Auto repair, garage
$52.9M
+28.6%
Neighborhood: shopping center
$52.1M
+26.6%
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 Bedford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bedford 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$41,155,000
Current use
RESTAURANT
$54,590,000
Change: +33% · Conversion: Moderate
AUTO REPAIR, GARAGE
$52,925,000
Change: +29% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$52,100,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$50,690,000
Change: +23% · Conversion: Moderate
COMMERCIAL (GENERAL)
$48,590,000
Change: +18% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$43,325,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$46.97M
Range $42.27M – $51.67M · ±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
$250 / 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
$979,794
Tax year 2024
Assessed value
$36,696,400
Assessed 2024
Previous assessed
$36,696,400
+0.0% YoY
Effective rate
2.67%
On assessed value
Assessed land
$11,081,400
Assessed improvement
$25,615,000
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
For Lease
Year built
2001
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
1
Bathrooms
14
Total area
188,042 SF
Lot
32.31 ac (1,407,537 SF)
Zoning code
COM
APN
BEDF M:012 P:0017-3
UPID
US38-1391413
Jurisdiction
BEDFORD
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
COM · Bedford, MA
Zoning COM · permitted uses
COM · Bedford, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bedford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$41.2M
RESTAURANT
Est. value
$54.6M
AUTO REPAIR, GARAGE
Est. value
$52.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$52.1M
RETAIL STORES
Est. value
$50.7M
COMMERCIAL (GENERAL)
Est. value
$48.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$43.3M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
2001
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
1
Bathrooms
14
Lot
32.31 ac
Current owner
From public records · entity-resolved
Cole Of Bedford Ma LLC
Entity
Free & Clear · 13 yrs held
Mailing address
PO BOX 460069, HOUSTON, TX 77056-8069
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2012
—
Cole Of Bedford Ma LLC
—
Deed Of Trust
related
$51,400,000 · Capital One
Jul 26, 2012
$93,500,000
Cole Of Bedford Ma LLC
Mariner Bedford Woods LLC
Grant Deed
—
Mar 21, 2002
—
Woods LP 2 Bedford
—
Deed Of Trust
related
$32,000,000 · Wells Fargo Mortgage
Feb 9, 2001
—
Woods LP I Bedford
—
Deed Of Trust
related
$27,238,000 · Wells Fargo Mortgage
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
