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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Day care centers
261 Billerica Rd, Chelmsford, MA 01824-4113
Individually Owned
24-yr Hold
~
Est. High Equity
Property ID
US38-1244991
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1999
Construction
FRAME
Total area
12,646 SF
Lot
2.45 ac (106,722 SF)
Zoning code
IA
APN
CHEL M:0086 B:0328 L:10
UPID
US38-1244991
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
$375k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$776k
Blend (final)
Blend
$575k
Owner & transaction history
261 Billerica Road RT · 24 yrs held
261 Billerica Road RT
since 2002
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
by Request
ML approach
$375,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$765,000
Current use
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$45 / 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
$35,103
Tax year 2024
Assessed value
$2,577,300
Assessed 2024
Previous assessed
$2,391,400
+7.8% YoY
Effective rate
1.36%
On assessed value
Assessed land
$1,091,500
Assessed improvement
$1,485,800
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1999
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
4
Total area
12,646 SF
Lot
2.45 ac (106,722 SF)
Zoning code
IA
APN
CHEL M:0086 B:0328 L:10
UPID
US38-1244991
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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$765,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
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
1999
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
4
Lot
2.45 ac
Current owner
From public records · entity-resolved
261 Billerica Road RT
Individual
Mailing address
650 NE HOLLADAY ST STE #1400, PORTLAND, OR 97232-2096
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2019
—
261 Billerica Road RT
—
Deed
related
$225,000 · Digital FCU
May 18, 2004
—
261 Billerica Road RT
—
Deed Of Trust
related
$1,575,000 · Digital FCU
Jan 9, 2002
$2,050,000
261 Billerica Road RT
Walker Realty LLC
Grant Deed
$1,575,000 · Medford Capital Bank
Jul 12, 2000
—
Omni Dev LLC
—
Deed Of Trust
related
$100,000 · Maurice Ryan
Feb 15, 2000
—
Walker Realty LLC
—
Deed Of Trust
related
$300,000 · Medford Capital Bank
Apr 14, 1999
—
Walker Realty LLC
—
Deed Of Trust
related
$2,640,000 · Medford Capital Bank
Mar 31, 1999
$400,000
Walker Realty LLC
261 Billerica Rd RT
Grant Deed
$400,000 · Medford Capital Bank
Jan 20, 1998
$275,000
261 Billerica Road RT
Bredon Hill Investment
Grant Deed
—
Oct 7, 1994
$99,750
Brendon Hill Inv
261 Billerica Road Co
Grant Deed
—
Jul 9, 1990
—
Billerica Rd RT 261
—
Deed Of Trust
related
$500,000 · Zuckerman Family Nomi
Dec 28, 1988
$825,000
Malcolm F Fryer JR
Slotnick,marc A
Grant Deed
$750,000 · Woburn Five Cent Savings
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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