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Property profile & analytics
OFF-MARKET
Estimated value
$1,155,000
Life science properties
21 Alpha Rd, Chelmsford, MA 01824-4170
Entity Owned
6-yr Hold
Free & Clear
Property ID
US38-1166544
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
64,250 SF
Lot
5.5 ac (239,580 SF)
Zoning code
IA
APN
CHEL M:0086 B:0328 L:24
UPID
US38-1166544
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$1.16M
Owner & transaction history
19-21 Alpha Road LLC · 6 yrs held
19-21 Alpha Road LLC
since 2019
7 recorded transactions
Zoning & alternative use
IA · Chelmsford, MA
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 Chelmsford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chelmsford 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
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.16M
Range $1.04M – $1.27M · ±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
$18 / 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
$118,718
Tax year 2024
Assessed value
$6,894,200
Assessed 2024
Previous assessed
$6,241,300
+10.5% YoY
Effective rate
1.72%
On assessed value
Assessed land
$1,726,600
Assessed improvement
$5,167,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
64,250 SF
Lot
5.5 ac (239,580 SF)
Zoning code
IA
APN
CHEL M:0086 B:0328 L:24
UPID
US38-1166544
Jurisdiction
CHELMSFORD
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
IA · Chelmsford, MA
Zoning IA · permitted uses
IA · Chelmsford, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chelmsford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
5.5 ac
Current owner
From public records · entity-resolved
19-21 Alpha Road LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1 MONARCH PL STE #1300, SPRINGFIELD, MA 01144-4011
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2019
—
19-21 Alpha Road LLC
—
Grant Deed
related
$9,250,000 · Miscellaneous Bk
Aug 8, 2019
$7,880,000
19-21 Alpha Road LLC
Cpi 21 Alpha LLC
Quit Claim Deed
—
Nov 14, 2018
—
Alpha Road Solar 2 LLC
—
Deed
related
$330,000 · Provident Bank
Jun 9, 2016
$6,170,000
Cpi 21 Alpha LLC
Stj Alpha Equity Partn
Quit Claim Arm's Length For Ne States
$7,830,000 · Cambridge Svgs Bk
Dec 30, 1997
$3,550,000
W9\tib Real Est LP
Teachers Realty Corp
Grant Deed
—
May 18, 1992
$3,550,633
Teachers Realty Corp
Carye Assoc
Grant Deed
—
May 15, 1992
$3,550,663
Carye Assoc
Alpha Dev Corp
Grant Deed
—
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.
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