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Property profile & analytics
OFF-MARKET Estimated value $1,835,000
Day care centers

18 Ray Ave Burlington, MA 01803-4721

7,200 SF 0.59 ac lot Built 1977
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US38-0531729
Property profile
Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1977
Construction STEEL FRAME
Total area 7,200 SF
Lot 0.59 ac (25,500 SF)
Zoning code IG
APN BURL M:000054 P:003-16
UPID US38-0531729
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
  • Ray Avenue KinderCare Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.01M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.84M
Owner & transaction history
18 Ray Avenue LLC · 4 yrs held
18 Ray Avenue LLC
since 2021
Last sale
$1.9M
5 recorded transactions
2021
$1.9M
2020
Price N/A
2019
$938,000
2012
$1
1992
$378,750
Zoning & alternative use
IG · Burlington, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The Planning Board may grant a Special Permit for a restaurant use within a General Industrial (IG) District, subject to the following restrictions: 10.4.1 Purpose The purpose of allowing restaurants by Special Permit within an office/commercial park setting is to enhance previously established commercial areas by permitting a mixture of uses which reduce th…

Zone name General Industrial
General category INDUSTRIAL
Zone area 442.24 ac
Source Bylaws & Maps | Burlington, MA
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