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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Life science properties
47 Manning Rd, Billerica, MA 01821-3978
Entity Owned
~
Est. High Equity
Property ID
US38-0194894
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1982
Construction
STEEL FRAME
Total area
46,230 SF
Lot
4 ac (174,240 SF)
Zoning code
5
APN
BILL M:0096 B:0103 L:1
UPID
US38-0194894
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
-
Advanced Metrology Systems LLC Industrial Manufacturer Production Facility
-
Billerica Youth Soccer Association Child Welfare Organization Charitable Organization
-
Document Technologies Inc Photocopiers Supplier Copier Repair Service
-
Sodexo Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$765k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$403k
Blend (final)
Blend
$585k
Owner & transaction history
47 Manning Road LLC
47 Manning Road LLC
since 2025
7 recorded transactions
Zoning & alternative use
5 · 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 Billerica submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
Method
Estimation
Statistic approach
by Request
ML approach
$765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$585k
Range $527k – $644k · ±10%
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
$13 / 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
$85,165
Tax year 2024
Assessed value
$3,394,400
Assessed 2024
Previous assessed
$3,216,100
+5.5% YoY
Effective rate
2.51%
On assessed value
Assessed land
$843,700
Assessed improvement
$2,550,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1982
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
46,230 SF
Lot
4 ac (174,240 SF)
Zoning code
5
APN
BILL M:0096 B:0103 L:1
UPID
US38-0194894
Jurisdiction
BILLERICA
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
5 · Billerica, MA
Zoning 5 · permitted uses
5 · Billerica, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Billerica. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
4 ac
Current owner
From public records · entity-resolved
47 Manning Road LLC
Entity
Mailing address
1935 REVERE BCH PKWY, EVERETT, MA 02149-5903
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2025
—
47 Manning Road LLC
Pr 1031 LLC
Quitclaim Deed
related
—
Nov 18, 2019
—
47 Manning Road LLC
—
Deed
related
$950,000 · Metro Cu
Dec 7, 2018
$2,300,000
47 Manning Road LLC
Billman Equity Ptrs
Quit Claim Deed
$3,171,648 · Metro Cu
Feb 6, 2008
—
Billman Equ Partners LLC
—
Deed Of Trust
related
$3,315,000 · First Trade Union Savings Bank
Dec 19, 2007
$2,000,000
Billman Equity Ptnrs LLC
Photonics Mgmt Corp
Grant Deed
—
Jul 17, 1995
$2,000,000
Photonics Management
Inspex INC
Grant Deed
—
Mar 21, 1991
—
Inspex INC
—
Deed Of Trust
related
$3,000,000 · Photonics Mgnt Co
Mar 7, 1991
$2,000,000
Inspex INC
Aetna Life Insurance
Grant Deed
—
—
—
47 Manning Road LLC
—
Deed Of Trust
related
$950,000 · Metro Cu
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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