Property profile

217 Middlesex Tpke Burlington, MA 01803

OFF-MARKET
Life science properties
Property ID
US38-0274872
20,160 SF 1.1 ac lot Built 1960
Individually Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Life science properties
Use group R&D FACILITY, LABS, PHARMA
Year built 1960
Construction STEEL FRAME
Total area 20,160 SF
Lot 1.1 ac (47,916 SF)
Zoning code IG
APN BURL M:000033 P:000086
UPID US38-0274872

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hardware & Home Improvement Kitchen & Bath Showroom
  • Accounting Firm
  • Security Service
  • Hospital
  • Carpet & Flooring Store Hardware & Home Improvement

Location

217 Middlesex Tpke Burlington, MA 01803-3317
Burlington metro Census 332300 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$600k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

since 2011
7 recorded transactions
2020
Price N/A
2017
Price N/A
2013
Price N/A
2011
$2.0M
2011
Price N/A
2009
$1
2009
Price N/A

Zoning & alternative use

IG · Burlington, MA
Zoning description

The Planning Board may grant a Special Permit for a restaurant use within a General Industrial (IG) District, subject to the following restrictions: 10.4.1 Purpose The purpose of allowing restaurants by Special Permit wi…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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