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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
Zoning description
These are areas that are primarily used for office, research development, manufacturing and warehousing.
Zone name
Limited
General category
INDUSTRIAL
Zone area
1,537.36 ac
Source
Realmo
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
Similar Nearby for Sale
Similar Nearby for Lease
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, MAZoning IA · permitted uses
IA · Chelmsford, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
These are areas that are primarily used for office, research development, manufacturing and warehousing.
Zone name
Limited
General category
INDUSTRIAL
Zone area
1,537.36 ac
Source
Realmo
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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