Property profile

37 B St Burlington, MA 01803

OFF-MARKET
Investment properties
Property ID
US38-1820308
7,200 SF 0.55 ac lot Built 1960
Individually Owned 5-yr Hold
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1960
Construction STEEL FRAME
Total area 7,200 SF
Lot 0.55 ac (23,801 SF)
Zoning code IG
APN BURL M:000033 P:0041-1
UPID US38-1820308

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Adult Day Care

Location

37 B St Burlington, MA 01803-3406
Burlington metro Census 332300 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.45M
CAP Approach CAP
$1.83M
Comparable Approach Comparable
$1.42M
Blend (final) Blend
$1.48M

Owner & transaction history

since 2021
Last sale
$1.5M
7 recorded transactions
2021
$1.5M
2004
Price N/A
2004
Price N/A
2003
Price N/A
1994
$287,500
1994
$287,500
1994
$287,500

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
Restaurant $2.1M +12.4%
Auto repair, garage $2.0M +8.9%
Neighborhood: shopping center $2.0M +7.2%

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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