New search
Property profile & analytics
OFF-MARKET
Estimated value
$50,380,000
Office buildings
3 Burlington Woods Dr, Burlington, MA 01803-4532
Entity Owned
~
Est. High Equity
Property ID
US38-0173990
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
STEEL FRAME
Total area
146,100 SF
Lot
10.48 ac (456,509 SF)
Zoning code
IG
APN
BURL M:000041 P:0098-5
UPID
US38-0173990
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
-
Invisible Hand Networks Telecommunications Service
-
Rebecca B. Jones, Otrl Physician
-
Nicole Towle Physician
-
Erin Kruse Physician
-
Melanie Graf Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$35.48M
Blend (final)
Blend
$50.38M
Owner & transaction history
Burlington Woods Assoc LLC
Burlington Woods Assoc LLC
since 2026
Last sale
$58.1M
7 recorded transactions
Zoning & alternative use
IG · Burlington, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$42.4M
+58.3%
Auto repair, garage
$41.1M
+53.4%
Neighborhood: shopping center
$40.5M
+51.0%
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 Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington 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
$53,780,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$42,415,000
Change: +58% · Conversion: Moderate
AUTO REPAIR, GARAGE
$41,120,000
Change: +53% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$40,480,000
Change: +51% · Conversion: Difficult
RETAIL STORES
$39,385,000
Change: +47% · Conversion: Moderate
COMMERCIAL (GENERAL)
$37,755,000
Change: +41% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$33,665,000
Change: +26% · Conversion: Easy
Blend value · Realmo final
$50.38M
Range $45.34M – $55.42M · ±10% · vs last sale $58.13M (Feb 3 2022)
Last sale anchor
$58.13M
Feb 3 2022
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
$345 / 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
$819,568
Tax year 2024
Assessed value
$31,753,900
Assessed 2024
Previous assessed
$31,753,900
+0.0% YoY
Effective rate
2.58%
On assessed value
Assessed land
$8,104,700
Assessed improvement
$23,649,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
4
Units
1
Bathrooms
41
Total area
146,100 SF
Lot
10.48 ac (456,509 SF)
Zoning code
IG
APN
BURL M:000041 P:0098-5
UPID
US38-0173990
Jurisdiction
BURLINGTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
IG · Burlington, MA
Zoning IG · permitted uses
IG · Burlington, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burlington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$42.4M
AUTO REPAIR, GARAGE
Est. value
$41.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$40.5M
RETAIL STORES
Est. value
$39.4M
COMMERCIAL (GENERAL)
Est. value
$37.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$33.7M
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1985
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
4
Buildings
1
Units
1
Bathrooms
41
Lot
10.48 ac
Current owner
From public records · entity-resolved
Burlington Woods Assoc LLC
Entity
Mailing address
3 BURLINGTON WOODS DR, BURLINGTON, MA 01803-4532
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2026
$16,250,000
Burlington Woods Assoc LLC
Gi Ets Burlington I LLC
Deed
$10,000,000 · Sm Fin III Warehouse
Sep 14, 2022
—
Gi Ets Burlington I LLC
—
Deed
related
$86,700,000 · Sm Finance 3 LLC
Feb 3, 2022
$58,125,000
Gi Ets Burlington 1 LLC
Mg Burlington LLC
Quit Claim Arm's Length For Ne States
—
Nov 22, 2013
$26,577,700
Mg Burlington LLC
Burlington Woods 3 Holdgs
Quit Claim Deed
—
Nov 22, 2013
$34,422,300
Mg Burlington LLC
Burlington Woods 3 Holdgs
Quit Claim Deed
—
Feb 5, 2013
—
Burlington Woods 1 Hldgs
—
Deed Of Trust
related
$29,700,000 · First Niagara Bank
Sep 11, 2012
$30,250,000
Burlington Woods 3 Hldng
Div Burlington Woods One
Grant Deed
—
Jun 23, 2010
$12,594,180
Div Burlington Woods Prop
Ucm Gpf 2 Burl Woods INC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Jun 23, 2010
$20,130,820
Div Burlington Woods Prop
Ucm Gpf 2 Burl Woods LLC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
$25,500,000 · Bank Of America
Oct 4, 2007
—
Ucm Gpf 2 Burlington INC
—
Deed Of Trust
related
$21,966,303 · General Electric Capital Corp
Jun 13, 2007
$34,020,182
Ucm Gpf Burl Woods LLC
3 Burlington Woods LLC
Grant Deed
—
Aug 10, 2001
$18,000,000
Burlington Woods Nt
Burlington Op&f INC
Grant Deed
related
$13,687,500 · Wells Fargo Mortgage
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3 Burlington Woods Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
