Property profile

23 Rainin Rd Woburn, MA 01801

OFF-MARKET
Warehouses
Property ID
US38-1787947
56,410 SF 4.2 ac lot Built 1984
Individually Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 56,410 SF
Lot 4.2 ac (182,952 SF)
Zoning code O-P
APN WOBU M:46 B:04 L:39 U:00
UPID US38-1787947

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
  • Industrial Manufacturer Factory

Location

23 Rainin Rd Woburn, MA 01801-4689
Woburn metro Census 333400 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.54M
CAP Approach CAP
$11.21M
Comparable Approach Comparable
$10.22M
Blend (final) Blend
$11.35M

Owner & transaction history

since 2025
Last sale
$13.4M
4 recorded transactions
2025
$13.4M
2021
Price N/A
2021
$12.0M
2008
$4.6M

Zoning & alternative use

O-P · Woburn, MA
Zoning description

overlay district superimposed on the existing Office Park (O-P) Zoning District, in certain locations within the City. The overlay district shall permit residential land uses which shall be in addition to the land uses a…

General category OPEN_SPACE
Top alternative use upside
Restaurant $16.4M +63.4%
Auto repair, garage $15.9M +58.4%
Neighborhood: shopping center $15.6M +55.9%

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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