Back to Search
Property profile & analytics
FOR LEASE
Industrial properties
200 Ballardvale St Wilmington, MA 01887
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-0473141
For Lease
1 / 2
Contact for pricing
200 Ballardvale St, Wilmington, MA 01887
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1979
Construction
STEEL FRAME
Total area
341,215 SF
Lot
16.94 ac (737,906 SF)
APN
WILM M:00R2 L:0000 P:0007
UPID
US38-0473141
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
-
Agfa Corporation Corporate Office
-
Toastmasters At Ballardvale Charitable Organization Social Service Agency
-
Sovos Compliance, LLC (Bike/Boat/Book/etc) Store Corporate Office
-
Verizon Wireless Corporate Office
-
Ametros Corporate Office Business Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$42.50M
Blend (final)
Blend
$33.00M
Owner & transaction history
G I Ix 200 Bllrdvlle · 7 yrs held
G I Ix 200 Bllrdvlle
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmington 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
Blend value · Realmo final
$33.00M
Range $29.70M – $36.30M · ±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
$97 / 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
$1,417,553
Tax year 2024
Assessed value
$54,043,200
Assessed 2024
Previous assessed
$54,043,200
+0.0% YoY
Effective rate
2.62%
On assessed value
Assessed land
$7,299,100
Assessed improvement
$46,744,100
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1979
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
2
Bathrooms
2
Total area
341,215 SF
Lot
16.94 ac (737,906 SF)
APN
WILM M:00R2 L:0000 P:0007
UPID
US38-0473141
Jurisdiction
WILMINGTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1979
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
2
Bathrooms
2
Lot
16.94 ac
Current owner
From public records · entity-resolved
G I Ix 200 Bllrdvlle
Individual
Free & Clear · 7 yrs held
Mailing address
220 E 42ND ST, NEW YORK, NY 10017-5835
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2019
—
G&i 9gp4 181 Ballardvale
—
Deed
related
$74,950,000 · Wells Fargo Bank NA
Jun 27, 2019
$60,294,855
G I Ix 200 Bllrdvlle
200 Bop Ll LLC
Quit Claim Deed
—
Oct 30, 2015
$57,217,032
200 Bop Ll LLC
Vifballardvale 200 LLC
Quit Claim Arm's Length For Ne States
$56,500,000 · Citizens Bank
Jul 18, 2014
—
Balquin LLC
—
Grant Deed
related
$3,000,000 · Lowell Five Cents Svgs Bk
Feb 27, 2014
$600,000
Balquin LLC
Vif Ballardvale 200 LLC
Quit Claim Deed
—
Jun 30, 2006
$31,000,000
Vif-ballarvale 200 LLC
200 Ballardvale LLC
Grant Deed
—
Jul 15, 2004
$17,250,000
200 Ballardvale LLC
Agfa Corp
Grant Deed
$1 · Fleet National Bank
—
—
Vif Ballardvale 200 LLC
—
Deed Of Trust
related
$48,000,000 · Bank Of America
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.
