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Property profile & analytics
OFF-MARKET
Estimated value
$5,460,000
Life science properties
25 Industrial Ave, Chelmsford, MA 01824-3617
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-0200547
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
49,600 SF
Lot
4.05 ac (176,418 SF)
Zoning code
IA
APN
CHEL M:0086 B:0328 L:11
UPID
US38-0200547
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.46M
Owner & transaction history
Industrial Avenue 25 LLC · 5 yrs held
Industrial Avenue 25 LLC
since 2021
Last sale
$5.6M
7 recorded transactions
Zoning & alternative use
IA · Chelmsford, 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 Chelmsford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chelmsford 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
$5,295,000
ML approach
$5,340,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
$8,085,000
Current use
INDUSTRIAL (GENERAL)
$7,615,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$5.46M
Range $4.91M – $6.01M · ±10% · vs last sale $5.60M (Jan 19 2021)
Last sale anchor
$5.60M
Jan 19 2021
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
$110 / 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
$93,479
Tax year 2024
Assessed value
$5,428,500
Assessed 2024
Previous assessed
$5,163,500
+5.1% YoY
Effective rate
1.72%
On assessed value
Assessed land
$1,310,700
Assessed improvement
$4,117,800
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
4
Bathrooms
2
Total area
49,600 SF
Lot
4.05 ac (176,418 SF)
Zoning code
IA
APN
CHEL M:0086 B:0328 L:11
UPID
US38-0200547
Jurisdiction
CHELMSFORD
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
IA · Chelmsford, MA
Zoning IA · permitted uses
IA · Chelmsford, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chelmsford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
Est. value
$8.1M
INDUSTRIAL (GENERAL)
Est. value
$7.6M
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
INDUSTRIAL (GENERAL)
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
1976
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
4
Bathrooms
2
Lot
4.05 ac
Current owner
From public records · entity-resolved
Industrial Avenue 25 LLC
Entity
Mailing address
PO BOX 15228, SPRINGFIELD, MA 01115-5228
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2021
$5,600,000
Industrial Avenue 25 LLC
25 Indus Ave LLC
Quit Claim Arm's Length For Ne States
$3,365,000 · Cmfg Life Ins Co
Nov 24, 2014
$5,175,000
25 Industrial Ave LLC
Campanelli,trigate C
Quit Claim Deed
$16,425,000 · Cibc
Jan 31, 2014
$2,590,000
Campanelli Trigate Che
Wells Fargo Bank NA Tr
Quit Claim Arm's Length For Ne States
$16,100,000 · Blue Hills Bank
Mar 16, 2012
$10,500,000
Wells Fargo Bank NA
Mill Equity Partners LLC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Dec 3, 2004
$4,375,000
Mill Equity Partners LLC
New Boston Fund INC 4
Grant Deed
related
$62,500,000 · Pnc Bank
Aug 11, 2004
—
New Boston Mill Road LP
—
Deed Of Trust
related
$8,846,081 · Worth Funding INC
Aug 27, 1997
$11,600,000
Boston Mill Rd LP New
Mbl Life Assurance Co
Grant Deed
$8,900,000 · Fleet National Bank
Jan 29, 1996
$1,200,000
Mbl Life Assurance Co
Alpha Dev Corp
Grant Deed
—
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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