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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Banks
215 Lexington St Woburn, MA 01801-5939
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-0267091
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1994
Construction
STEEL FRAME
Total area
16,700 SF
Lot
1.11 ac (48,352 SF)
Zoning code
B-H
APN
WOBU M:65 B:13 L:03 U:00
UPID
US38-0267091
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
-
Seaver Construction, Inc. Construction Company General Contractor
-
Northern Bank Bank Loan Service
-
FedEx Drop Box Postal Service Courier Service
-
AAA Appliance Repair Woburn Home Appliance Store
-
Humphrey Family Furnace Repair Company Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$415k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$886k
Blend (final)
Blend
$650k
Owner & transaction history
Owner Name Unavailable · 9 yrs held
Owner Name Unavailable
since 2017
6 recorded transactions
Zoning & alternative use
B-H · Woburn, 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 Woburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woburn 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
$415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$650k
Range $585k – $715k · ±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
$39 / 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
$42,357
Tax year 2024
Assessed value
$2,147,900
Assessed 2024
Previous assessed
$2,118,600
+1.4% YoY
Effective rate
1.97%
On assessed value
Assessed land
$728,500
Assessed improvement
$1,419,400
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1994
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
16,700 SF
Lot
1.11 ac (48,352 SF)
Zoning code
B-H
APN
WOBU M:65 B:13 L:03 U:00
UPID
US38-0267091
Jurisdiction
WOBURN
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
B-H · Woburn, MA
Zoning B-H · permitted uses
B-H · Woburn, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woburn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
Owner Name Unavailable
Individual
Mailing address
215 LEXINGTON ST, WOBURN, MA 01801-5939
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2017
—
Owner Name Unavailable
100 Baldwin Avenue LLC
Condominium Deed
—
Jan 4, 2017
—
215 Lexington LLC
—
Deed
related
—
Dec 30, 2009
$1,800,000
215 Lexington LLC
Northern B&t Co
Grant Deed
$13,500,000 · Northmark Bank
Jun 10, 2002
—
Thomas N Sorrrentino
—
Deed Of Trust
related
$25,000 · Northern Bank & Trust
Mar 13, 1997
$213,500
Madhusudan Ranjitkar
Murray,joseph P SR
Grant Deed
$201,000 · Chase Manhattan Mortgage Corp
Feb 26, 1992
$875,000
Northern B&t Co
Paisley 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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