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Property profile & analytics
FOR LEASE
Office buildings
237 Lexington St, Woburn, MA 01801
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-1129601
For Lease
1 / 2
$2,740,000
237 Lexington St, Woburn, MA 01801
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Construction
STEEL FRAME
Total area
29,964 SF
Lot
1.98 ac (86,249 SF)
Zoning code
B-H
APN
WOBU M:65 B:13 L:02 U:00
UPID
US38-1129601
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
-
Physical Therapists in the Boston Area, Boston at Home Physical Therapy, At home fitness, physical therapy and massage in Woburn, At home fitness, phy Physician
-
Meyer Orthodontics Dental Office
-
East Cambridge Savings Bank Bank
-
Hear Clear Associates Corporate Office Business Park
-
Peoplefit Health & Fitness Center Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.89M
Blend (final)
Blend
$2.74M
Owner & transaction history
Sachem Ventures LLC · 20 yrs held
Sachem Ventures LLC
since 2005
5 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.74M
Range $2.47M – $3.01M · ±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
$91 / 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
$69,781
Tax year 2024
Assessed value
$3,538,600
Assessed 2024
Previous assessed
$3,490,400
+1.4% YoY
Effective rate
1.97%
On assessed value
Assessed land
$1,299,000
Assessed improvement
$2,239,600
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
10
Total area
29,964 SF
Lot
1.98 ac (86,249 SF)
Zoning code
B-H
APN
WOBU M:65 B:13 L:02 U:00
UPID
US38-1129601
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
2000
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
10
Lot
1.98 ac
Current owner
From public records · entity-resolved
Sachem Ventures LLC
Entity
Free & Clear · 20 yrs held
Mailing address
304 CAMBRIDGE RD STE #520, WOBURN, MA 01801-6040
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2021
—
Sachem Ventures LLC
—
Deed
related
$5,100,000 · East Boston Savings Bank
Apr 7, 2017
—
Sachem Ventures LLC
—
Deed
related
$3,965,000 · East Boston Savings Bank
Feb 6, 2013
—
Sachem Ventures LLC
—
Deed Of Trust
related
$5,059,531 · Brookline Savings Bank
Aug 19, 2005
$1
Sachem Ventures LLC
Lexington St T
Grant Deed
related
—
Aug 14, 1998
$4,000,000
Inwood Prop Dev LP
Tcw Inwood Land RT
Grant Deed
related
$9,000,000 · Worth Funding INC
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.
Try Rey
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