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Property profile & analytics
FOR SALE
Industrial properties
34 Sullivan Rd, North Billerica, MA 01862
Entity Owned
~
Est. High Equity
Property ID
US38-0663820
For Sale
1 / 2
$775,000
34 Sullivan Rd, North Billerica, MA 01862
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1988
Construction
STEEL FRAME
Total area
2,276 SF
Zoning code
5
APN
BILL M:0037 B:0007 L:1-34
UPID
US38-0663820
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
-
Microwave Components Specialists, Inc/ MCS, Inc. Industrial Manufacturer
-
Heat & Frost Insulators Local #6 JATC Training Center Vocational School Training Center
-
Advanced Membrane Systems Factory Production Facility
-
Kuhlman Electric Electrical Service General Contractor
-
scan medical Home Health Care Service
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
Hmb Properties LLC
Hmb Properties LLC
since 2025
Last sale
$350,000
7 recorded transactions
Zoning & alternative use
5 · North Billerica, 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 Billerica submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Billerica 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
$8,219
Tax year 2024
Assessed value
$327,600
Assessed 2024
Previous assessed
$327,600
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed improvement
$327,600
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
For Sale
Year built
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Bathrooms
1
Total area
2,276 SF
Zoning code
5
APN
BILL M:0037 B:0007 L:1-34
UPID
US38-0663820
Jurisdiction
BILLERICA
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
5 · North Billerica, MA
Zoning 5 · permitted uses
5 · North Billerica, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Billerica. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Bathrooms
1
Current owner
From public records · entity-resolved
Hmb Properties LLC
Entity
Mailing address
313 EASTERN AVE, LYNN, MA 01902-1717
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2025
$595,000
Hmb Properties LLC
J Scott Glover
Deed
$395,000 · Middlesex Savings Bank
Nov 24, 2025
—
Cieri Group LLC
—
Deed
related
$500,000 · Lowell Five Cents Savings Bank
Jul 3, 2025
$555,000
Ugotrade Group LLC
Dly Storage INC
Corporation Deed
—
Jun 25, 2024
$5,000,000
The Cieri Group LLC
Donald M Manzelli Ft
Corporation Deed
$5,000,000 · Lowell Five Cents Savings Bank
Jun 25, 2024
—
The Cieri Group LLC
—
Deed
related
$5,000,000 · Lowell Five Cents Savings Bank
Oct 12, 2023
$1,025,000
Ejs Private Equity LLC
Cmsm RT
Deed
—
Jun 30, 2023
$450,000
Dly Storage INC
Northern Lights LLC
Corporation Deed
$337,500 · East West Bank
Sep 27, 2021
$350,000
Dgj Investments LLC
Mitza Properties LLC
Condominium Deed
$245,000 · Rockland Trust Co
Sep 13, 2019
$250,000
Stark Hldgs LLC
Arc
Deed
related
—
Sep 13, 2019
—
Stark Hldgs LLC
—
Deed
related
$2,000,000 · Rockland Tr
Sep 12, 2019
$250,000
Thomas Wood
Arc
Quitclaim Deed
$200,000 · Rockland Tr
Oct 5, 2007
$169,000
Mitza Prop LLC
Valerio Iula
Deed
$132,500 · Lowell Five Cent Svgs
Mar 6, 2007
—
T Jmi
—
Deed Of Trust
related
$107,000 · Northmark Bank
Apr 2, 2004
$125,000
T Jmi
Manzelli,donald M
Grant Deed
$70,000 · Middlesex Fsla
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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