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Property profile & analytics
OFF-MARKET
Estimated value
$7,210,000
Manufacturing properties
225 Merrimac St, Woburn, MA 01801-1756
Entity Owned
1-yr Hold
Free & Clear
Property ID
US38-1501411
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
36,274 SF
Lot
0.92 ac (40,075 SF)
Zoning code
I-P
APN
WOBU M:09 B:01 L:07 U:00
UPID
US38-1501411
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
-
Bergen Power Pipe Supports Inc Factory Metal Fabrication Plant
-
Oneill Peter Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.09M
CAP Approach
CAP
$5.94M
Comparable Approach
Comparable
$5.76M
Blend (final)
Blend
$7.21M
Owner & transaction history
Waste Mgmt Of Ma INC · 1 yrs held
Waste Mgmt Of Ma INC
since 2025
Last sale
$7.6M
3 recorded transactions
Zoning & alternative use
I-P · Woburn, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$10.5M
+52.4%
Auto repair, garage
$10.2M
+47.7%
Neighborhood: shopping center
$10.1M
+45.4%
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
$9,090,000
CAP Approach
CAP Return
Estimation
6%
$6,430,000
6.5%
$5,935,000
7%
$5,510,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,910,000
Current use
RESTAURANT
$10,530,000
Change: +52% · Conversion: Difficult
AUTO REPAIR, GARAGE
$10,210,000
Change: +48% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$10,050,000
Change: +45% · Conversion: Difficult
RETAIL STORES
$9,780,000
Change: +42% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$8,360,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$7,655,000
Change: +11% · Conversion: Difficult
WAREHOUSE, STORAGE
$6,445,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$7.21M
Range $6.49M – $7.93M · ±10% · vs last sale $7.63M (Jan 9 2025)
Last sale anchor
$7.63M
Jan 9 2025
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
$199 / 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
$60,270
Tax year 2024
Assessed value
$3,056,300
Assessed 2024
Previous assessed
$2,895,800
+5.5% YoY
Effective rate
1.97%
On assessed value
Assessed land
$317,200
Assessed improvement
$2,739,100
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Total area
36,274 SF
Lot
0.92 ac (40,075 SF)
Zoning code
I-P
APN
WOBU M:09 B:01 L:07 U:00
UPID
US38-1501411
Jurisdiction
WOBURN
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
I-P · Woburn, MA
Zoning I-P · permitted uses
I-P · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$6.9M
RESTAURANT
Est. value
$10.5M
AUTO REPAIR, GARAGE
Est. value
$10.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.1M
RETAIL STORES
Est. value
$9.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.4M
OFFICE BUILDING
Est. value
$7.7M
WAREHOUSE, STORAGE
Est. value
$6.4M
INDUSTRIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Waste Mgmt Of Ma INC
Entity
Free & Clear · 1 yrs held
Mailing address
25 MALL RD STE #402, BURLINGTON, MA 01803-4199
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2025
$7,625,000
Waste Mgmt Of Ma INC
New Boston Re LLC
Deed
—
Jun 20, 2024
$16,000,000
New Boston Re LLC
Ccf New Boston Prop Co Ll
Deed
$16,650,000 · Amp Shc Mtg Lender Ll
Aug 6, 2021
$22,125,000
Ccf New Boston Prop Co
P X RT
Quit Claim Arm's Length For Ne States
—
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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