Property profile

22 Terry Ave Burlington, MA 01803

OFF-MARKET
Life science properties
Property ID
US38-0081226
40,028 SF 2.76 ac lot Built 1978
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Life science properties
Use group R&D FACILITY, LABS, PHARMA
Year built 1978
Construction STEEL FRAME
Total area 40,028 SF
Lot 2.76 ac (120,226 SF)
Zoning code CBD
APN BURL M:000023 P:000039
UPID US38-0081226

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
  • Medical Supply Store

Location

22 Terry Ave Burlington, MA 01803-2516
Burlington metro Census 332300 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.21M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.77M
Blend (final) Blend
$9.69M

Owner & transaction history

since 2025
Last sale
$7.2M
4 recorded transactions
2025
$7.2M
2022
$11.3M
2010
$1
1992
$1.5M

Zoning & alternative use

CBD · Burlington, MA
Top alternative use upside
Restaurant $11.6M +78.1%
Auto repair, garage $11.3M +72.7%
Neighborhood: shopping center $11.1M +70.0%

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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