Property profile

30-32 Ray Ave Burlington, MA 01803

OFF-MARKET
Warehouses
Property ID
US38-0602881
7,200 SF 0.42 ac lot Built 1965
Individually Owned 29-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1965
Construction STEEL FRAME
Total area 7,200 SF
Lot 0.42 ac (18,099 SF)
Zoning code IG
APN BURL M:000054 P:003-13
UPID US38-0602881

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

30-32 Ray Ave Burlington, MA 01803
Burlington metro Census 332201 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$830k

Owner & transaction history

since 1997
1 recorded transaction
1997
$395,000

Zoning & alternative use

IG · Burlington, MA
Zoning description

The Planning Board may grant a Special Permit for a restaurant use within a General Industrial (IG) District, subject to the following restrictions: 10.4.1 Purpose The purpose of allowing restaurants by Special Permit wi…

General category INDUSTRIAL
Top alternative use upside
Office building $1.3M +26.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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