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Property profile & analytics
OFF-MARKET
Estimated value
$10,275,000
Warehouses
3 Wheeling Ave, Woburn, MA 01801-2008
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1091524
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1984
Construction
STEEL FRAME
Total area
52,132 SF
Lot
6.15 ac (267,894 SF)
Zoning code
I-P
APN
WOBU M:25 B:11 L:18 U:00
UPID
US38-1091524
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
-
ABC Supply Co., Inc. Big Box & Wholesale Store
-
Roofing Admiral Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.38M
CAP Approach
CAP
$10.36M
Comparable Approach
Comparable
$9.66M
Blend (final)
Blend
$10.28M
Owner & transaction history
Atlantic Oliver 3 Wheelng · 4 yrs held
Atlantic Oliver 3 Wheelng
since 2021
Last sale
$11.0M
3 recorded transactions
Zoning & alternative use
I-P · Woburn, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$15.1M
+63.4%
Auto repair, garage
$14.7M
+58.4%
Neighborhood: shopping center
$14.4M
+55.9%
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
$10,355,000
ML approach
$9,375,000
CAP Approach
CAP Return
Estimation
6%
$11,225,000
6.5%
$10,360,000
7%
$9,620,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$9,265,000
Current use
RESTAURANT
$15,135,000
Change: +63% · Conversion: Difficult
AUTO REPAIR, GARAGE
$14,675,000
Change: +58% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$14,445,000
Change: +56% · Conversion: Moderate
RETAIL STORES
$14,055,000
Change: +52% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$12,010,000
Change: +30% · Conversion: Difficult
OFFICE BUILDING
$11,005,000
Change: +19% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$9,930,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$10.28M
Range $9.25M – $11.30M · ±10% · vs last sale $10.95M (Jul 26 2021)
Last sale anchor
$10.95M
Jul 26 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
$197 / 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
$117,484
Tax year 2024
Assessed value
$5,957,600
Assessed 2024
Previous assessed
$5,511,400
+8.1% YoY
Effective rate
1.97%
On assessed value
Assessed land
$1,955,700
Assessed improvement
$4,001,900
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1984
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
52,132 SF
Lot
6.15 ac (267,894 SF)
Zoning code
I-P
APN
WOBU M:25 B:11 L:18 U:00
UPID
US38-1091524
Jurisdiction
WOBURN
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
I-P · Woburn, MA
Zoning I-P · permitted uses
I-P · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$9.3M
RESTAURANT
Est. value
$15.1M
AUTO REPAIR, GARAGE
Est. value
$14.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$14.4M
RETAIL STORES
Est. value
$14.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$12.0M
OFFICE BUILDING
Est. value
$11.0M
INDUSTRIAL (GENERAL)
Est. value
$9.9M
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
1984
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
6.15 ac
Current owner
From public records · entity-resolved
Atlantic Oliver 3 Wheelng
Individual
Mailing address
125 HIGH ST STE #220, BOSTON, MA 02110-2737
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2021
$10,950,000
Atlantic Oliver 3 Wheelng
Great Eastern LP
Quit Claim Arm's Length For Ne States
$7,600,000 · Cambridge Savings Bank
Dec 21, 2001
—
Great Eastern Mgmt LLC
—
Deed Of Trust
related
$3,450,000 · Fleet National Bank
Oct 4, 2000
$2,200,000
Great Eastern LP
Weyerhaeuser Co
Grant Deed
$1,760,000 · Fleet National Bank
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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