Property profile

2 Van De Graaff Dr Burlington, MA 01803

OFF-MARKET
Hotels
Property ID
US38-1549255
109,636 SF 4.95 ac lot Built 1997
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1997
Construction STEEL FRAME
Total area 109,636 SF
Lot 4.95 ac (215,535 SF)
Zoning code IG
APN BURL M:000053 P:007-21
UPID US38-1549255

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
  • Hotel & Motel
  • College

Location

2 Van De Graaff Dr Burlington, MA 01803-5195
Burlington metro Census 332402 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.07M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$1.14M

Owner & transaction history

since 2014
7 recorded transactions
2018
Price N/A
2017
Price N/A
2014
$25.2M
2011
$27.5M
2007
Price N/A
1997
Price N/A
1969
Price N/A

Zoning & alternative use

IG · Burlington, MA
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 wi…

General category INDUSTRIAL

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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