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Property profile & analytics
OFF-MARKET
Manufacturing properties
300 Riverpark Dr, North Reading, MA 01864-2622
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0823284
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Total area
175,682 SF
Lot
20.8 ac (906,048 SF)
Zoning code
IB
APN
NREA M:001.0 B:0000 L:0003.0
UPID
US38-0823284
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
-
Amazon Robotics (Bike/Boat/Book/etc) Store Corporate Office
-
Amazon Robot Trading Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wcv 300 Riverpark LLC · 4 yrs held
Wcv 300 Riverpark LLC
since 2021
Last sale
$78.6M
4 recorded transactions
Zoning & alternative use
IB · North Reading, 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 North Reading submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Reading 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$400,696
Tax year 2024
Assessed value
$30,332,800
Assessed 2024
Previous assessed
$28,646,300
+5.9% YoY
Effective rate
1.32%
On assessed value
Assessed land
$7,725,800
Assessed improvement
$22,607,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Heating
NONE
Buildings
3
Total area
175,682 SF
Lot
20.8 ac (906,048 SF)
Zoning code
IB
APN
NREA M:001.0 B:0000 L:0003.0
UPID
US38-0823284
Jurisdiction
NORTH READING
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
IB · North Reading, MA
Zoning IB · permitted uses
IB · North Reading, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Reading. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
3
Lot
20.8 ac
Current owner
From public records · entity-resolved
Wcv 300 Riverpark LLC
Entity
Mailing address
300 RIVERPARK DR, NORTH READING, MA 01864-2622
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2021
$78,550,000
Wcv 300 Riverpark LLC
300 Riverpark Prop Corp
Quit Claim Arm's Length For Ne States
$128,093,000 · Us Bank NA
Oct 5, 2017
$45,100,000
300 Riverpark Prop Cor
Tfg 300 Riverpark Dr P
Quit Claim Arm's Length For Ne States
$27,000,000 · Blue Hills Bank
Jun 28, 2013
$32,250,000
300 Riverpark Dr Prop Tfg
Riverpark Investors LP
Quit Claim Deed
$23,700,000 · East Boston Savings Bank
Sep 4, 2008
$27,500,000
Riverpark Investors LP
Teradyne INC
Grant Deed
$23,745,000 · Bank Of America
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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