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Property profile & analytics
OFF-MARKET
Estimated value
$5,575,000
Medical Office Space
41 Nn Rd Bedford, MA 01730-1037
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0816417
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1975
Construction
STEEL FRAME
Total area
40,392 SF
Lot
2.13 ac (92,783 SF)
Zoning code
COM
APN
BEDF M:044 P:0049
UPID
US38-0816417
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
-
Toby Nathan Pediatrician Medical Clinic
-
Cecchetti J Medical Clinic Physician
-
Bedford Pediatrics Pediatrician Medical Clinic
-
Dr. Sara T. Evans, MD Pediatrician Medical Clinic
-
Anderson Lori MD Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.58M
Owner & transaction history
Boston Common LLC · 4 yrs held
Boston Common LLC
since 2021
Last sale
$5.8M
7 recorded transactions
Zoning & alternative use
COM · Bedford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.2M
+83.3%
Restaurant
$4.7M
+39.1%
Auto repair, garage
$4.1M
+23.2%
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 Bedford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bedford 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
$5,440,000
ML approach
$5,360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,365,000
Current use
OFFICE BUILDING
$6,170,000
Change: +83% · Conversion: Easy
RESTAURANT
$4,680,000
Change: +39% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,145,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$3,850,000
Change: +14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,795,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$5.58M
Range $5.02M – $6.13M · ±10% · vs last sale $5.75M (Sep 8 2021)
Last sale anchor
$5.75M
Sep 8 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
$138 / 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
$149,787
Tax year 2024
Assessed value
$5,610,000
Assessed 2024
Previous assessed
$5,610,000
+0.0% YoY
Effective rate
2.67%
On assessed value
Assessed land
$1,299,000
Assessed improvement
$4,311,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1975
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
17
Bathrooms
26
Total area
40,392 SF
Lot
2.13 ac (92,783 SF)
Zoning code
COM
APN
BEDF M:044 P:0049
UPID
US38-0816417
Jurisdiction
BEDFORD
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
COM · Bedford, MA
Zoning COM · permitted uses
COM · Bedford, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bedford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$3.4M
OFFICE BUILDING
Est. value
$6.2M
RESTAURANT
Est. value
$4.7M
AUTO REPAIR, GARAGE
Est. value
$4.1M
RETAIL STORES
Est. value
$3.9M
COMMERCIAL (GENERAL)
Est. value
$3.8M
MEDICAL BUILDING Current
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (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
1975
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
17
Bathrooms
26
Lot
2.13 ac
Current owner
From public records · entity-resolved
Boston Common LLC
Entity
Mailing address
107 AUDUBON RD STE #2, WAKEFIELD, MA 01880-1245
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2021
$5,750,000
Boston Common LLC
Oxford Entities INC
Quit Claim Arm's Length For Ne States
$4,312,500 · Enterprise Bank & Trust Co
Jan 20, 2017
$5,500,000
Oxford Entities INC
Bedford North Road LLC
Quit Claim Arm's Length For Ne States
$4,013,000 · Milford Natl Bk & Tr
Aug 30, 2013
$2,850,000
Bedford North Road LLC
North Road Management LLC
Quit Claim Deed
$2,485,000 · First Commons Bank
Nov 26, 2008
—
North Road Mgmt LLC
—
Deed Of Trust
related
$500,000 · Salem Five Cents Savings Bank
Mar 2, 2007
$3,550,000
North Road Mgmt LLC
Joseph W Moore SR LLC
Grant Deed
$3,353,000 · Salem Five Cents Savings Bank
Mar 16, 2006
$1
Joseph W Moore SR LLC
Moore,joseph W
Grant Deed
—
Jan 15, 1999
—
Joseph W Moore
—
Deed Of Trust
related
$125,000 · Medford Capital Bank
Nov 27, 1996
—
Joseph W Moore
—
Deed Of Trust
related
$2,050,000 · Medford Capital Bank
Aug 9, 1991
—
Joseph W Moore
—
Deed Of Trust
related
$200,000 · Society For Svgs
Aug 14, 1987
—
Joseph W Moore
—
Deed Of Trust
related
$2,000,000 · Zuckerman Family Nomi
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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