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Property profile & analytics
OFF-MARKET
Estimated value
$9,475,000
Office buildings
200 Staples Dr, Framingham, MA 01702-4492
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0390159
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Construction
STEEL FRAME
Total area
54,716 SF
Lot
3.44 ac (150,021 SF)
Zoning code
M-1
APN
FRAM M:095 B:92 L:9352 U:000
UPID
US38-0390159
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
-
Schrödinger, Inc. (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.05M
Blend (final)
Blend
$9.48M
Owner & transaction history
Os 990 Corporate Ctr · 4 yrs held
Os 990 Corporate Ctr
since 2021
Last sale
$10.3M
2 recorded transactions
Zoning & alternative use
M-1 · Framingham, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$15.4M
+94.1%
Neighborhood: shopping center
$15.2M
+91.1%
Apartment house (5+ units)
$12.6M
+58.9%
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 Framingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Framingham 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
$9,435,000
ML approach
$9,335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$7,935,000
Current use
AUTO REPAIR, GARAGE
$15,400,000
Change: +94% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$15,160,000
Change: +91% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$12,605,000
Change: +59% · Conversion: Easy
RETAIL STORES
$11,750,000
Change: +48% · Conversion: Moderate
COMMERCIAL (GENERAL)
$9,455,000
Change: +19% · Conversion: Easy
INDUSTRIAL (GENERAL)
$8,400,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$9.48M
Range $8.53M – $10.42M · ±10% · vs last sale $10.27M (Nov 15 2021)
Last sale anchor
$10.27M
Nov 15 2021
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
$173 / 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
$224,002
Tax year 2024
Assessed value
$8,815,500
Assessed 2024
Previous assessed
$8,815,500
+0.0% YoY
Effective rate
2.54%
On assessed value
Assessed land
$1,135,500
Assessed improvement
$7,680,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
4
Total area
54,716 SF
Lot
3.44 ac (150,021 SF)
Zoning code
M-1
APN
FRAM M:095 B:92 L:9352 U:000
UPID
US38-0390159
Jurisdiction
FRAMINGHAM
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
M-1 · Framingham, MA
Zoning M-1 · permitted uses
M-1 · Framingham, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Framingham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$7.9M
AUTO REPAIR, GARAGE
Est. value
$15.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$12.6M
RETAIL STORES
Est. value
$11.8M
COMMERCIAL (GENERAL)
Est. value
$9.5M
INDUSTRIAL (GENERAL)
Est. value
$8.4M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
COMMERCIAL (GENERAL)
INDUSTRIAL (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
2005
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
4
Lot
3.44 ac
Current owner
From public records · entity-resolved
Os 990 Corporate Ctr
Individual
Mailing address
460 PARK AVE, NEW YORK, NY 10022-1906
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2021
$10,272,000
Os 990 Corporate Ctr
Ndne 9&90 200 Staples Dr
Quit Claim Arm's Length For Ne States
$70,032,680 · Nuveen Global Cities
Aug 17, 2006
—
200 Staples Drive LLC
—
Deed Of Trust
related
$10,785,943 · 200 Staple Lender LLC
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
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