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Property profile & analytics
OFF-MARKET
Medical Office Space
21 Gln Ave Chelmsford, MA 01824-2858
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US38-2298241
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1930
Construction
FRAME
Total area
1,462 SF
Lot
0.83 ac (36,155 SF)
Zoning code
IA
APN
CHEL M:0053 B:0239 L:1
UPID
US38-2298241
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
21 Glen Avenue RT · 14 yrs held
21 Glen Avenue RT
since 2012
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,527
Tax year 2024
Assessed value
$437,100
Assessed 2024
Previous assessed
$423,000
+3.3% YoY
Effective rate
1.72%
On assessed value
Assessed land
$226,400
Assessed improvement
$210,700
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1930
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Rooms
7
Bathrooms
1
Total area
1,462 SF
Lot
0.83 ac (36,155 SF)
Zoning code
IA
APN
CHEL M:0053 B:0239 L:1
UPID
US38-2298241
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
1930
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Rooms
7
Bathrooms
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
21 Glen Avenue RT
Individual
Mailing address
21 GLN AVE, CHELMSFORD, MA 01824-2858
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2017
—
21 Glen Avenue RT
—
Deed
related
$460,000 · Lowell Five Cents Savings Bank
Jun 4, 2012
$1
21 Glen Avenue RT
Mclaughlin,richard
Grant Deed
related
—
Jun 4, 2012
—
21 Glen Avenue RT
—
Grant Deed
related
$500,000 · North Shore Bank
Jun 23, 2006
$290,000
Richard Mclaughlin
Logvin,david
Grant Deed
$232,000 · Aurora Loan Services INC
Jul 28, 2004
—
David Logvin
—
Deed Of Trust
related
$5,000 · Digital FCU
Feb 26, 2003
—
David Logvin
—
Deed Of Trust
related
$143,000 · Digital FCU
Mar 7, 2002
—
David Logvin
—
Deed Of Trust
related
$6,000 · Digital FCU
Jun 30, 1999
$149,900
David Logvin
Turner,james J
Grant Deed
$142,400 · Digital FCU
May 18, 1993
—
James J Turner
—
Deed Of Trust
related
$101,500 · Independence One Mortgage Corp
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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