New search
Property profile & analytics
OFF-MARKET
Estimated value
$44,210,000
Life science properties
50 Crosby Dr, Bedford, MA 01730
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US38-2217285
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1983
Construction
STEEL FRAME
Total area
264,936 SF
Lot
23.16 ac (1,008,645 SF)
Zoning code
IND
APN
BEDF M:021 P:0004-2
UPID
US38-2217285
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$36.91M
Blend (final)
Blend
$44.21M
Owner & transaction history
Pix Ro 100 Crosby Dr Prop · 5 yrs held
Pix Ro 100 Crosby Dr Prop
since 2021
Last sale
$47.5M
1 recorded transaction
Zoning & alternative use
IND · Bedford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$73.4M
+70.0%
Retail stores
$71.4M
+65.4%
Commercial (general)
$68.5M
+58.5%
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
$44,925,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
$43,185,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$73,405,000
Change: +70% · Conversion: Difficult
RETAIL STORES
$71,420,000
Change: +65% · Conversion: Difficult
COMMERCIAL (GENERAL)
$68,460,000
Change: +59% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$61,045,000
Change: +41% · Conversion: Difficult
OFFICE BUILDING
$57,985,000
Change: +34% · Conversion: Difficult
Blend value · Realmo final
$44.21M
Range $39.79M – $48.63M · ±10% · vs last sale $47.50M (Mar 23 2021)
Last sale anchor
$47.50M
Mar 23 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
$167 / 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
$914,091
Tax year 2024
Assessed value
$34,235,600
Assessed 2024
Previous assessed
$34,235,600
+0.0% YoY
Effective rate
2.67%
On assessed value
Assessed land
$15,839,400
Assessed improvement
$18,396,200
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1983
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
1
Bathrooms
10
Total area
264,936 SF
Lot
23.16 ac (1,008,645 SF)
Zoning code
IND
APN
BEDF M:021 P:0004-2
UPID
US38-2217285
Jurisdiction
BEDFORD
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
IND · Bedford, MA
Zoning IND · permitted uses
IND · 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
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
Est. value
$43.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$73.4M
RETAIL STORES
Est. value
$71.4M
COMMERCIAL (GENERAL)
Est. value
$68.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$61.0M
OFFICE BUILDING
Est. value
$58.0M
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
1983
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
1
Bathrooms
10
Lot
23.16 ac
Current owner
From public records · entity-resolved
Pix Ro 100 Crosby Dr Prop
Individual
Mailing address
265 FRANKLIN ST STE #602, BOSTON, MA 02110-3134
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2021
$47,500,000
Pix Ro 100 Crosby Dr Prop
Bedford Owner LLC
Quit Claim Arm's Length For Ne States
$110,135,000 · Cmtg Lender 45 LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 50 Crosby Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
