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Property profile & analytics
OFF-MARKET Estimated value $2,080,000
Specialty properties

500 District Ave Burlington, MA 01803-5085

22,987 SF 2.02 ac lot Built 1969
Individually Owned 6-yr Hold ~ Est. High Equity
Property ID
US38-1380119
Property profile
Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1969
Construction STEEL FRAME
Total area 22,987 SF
Lot 2.02 ac (87,991 SF)
Zoning code PD
APN BURL M:000046 P:000046
UPID US38-1380119
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
$1.76M
Blend (final) Blend
$2.08M
Owner & transaction history
Massachusetts Health&hosp · 6 yrs held
Massachusetts Health&hosp
since 2020
2 recorded transactions
2020
Price N/A
2000
Price N/A
Zoning & alternative use
PD · Burlington, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

submission requirements through the adoption of Rules and Regulations for a PD District rezoning. 12.1.5 Administrative Requirements The Proponent of a PD Rezoning shall submit an application and all supporting docume ntation to the Planning Department, together with the required filing fee as specified in this Section 12 and in the Planning Board’s PD Rules…

Zone name Planned Development
General category PLANNED_DEVELOPMENT
Zone area 562.39 ac
Source Bylaws & Maps | Burlington, MA
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