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Property profile & analytics
OFF-MARKET
Estimated value
$15,730,000
Industrial properties
55 Middlesex Tpke, Billerica, MA 01821
Entity Owned
Free & Clear
Property ID
US38-0202872
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1971
Construction
STEEL FRAME
Total area
96,799 SF
Lot
11.69 ac (509,216 SF)
Zoning code
5
APN
BILL M:0109 B:0001 L:1
UPID
US38-0202872
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
$15.84M
Comparable Approach
Comparable
$15.41M
Blend (final)
Blend
$15.73M
Owner & transaction history
Wcv 55 Middlesex LLC
Wcv 55 Middlesex LLC
since 2025
Last sale
$16.0M
7 recorded transactions
Zoning & alternative use
5 · Billerica, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$26.1M
+142.5%
Apartment house (5+ units)
$22.3M
+107.3%
Commercial (general)
$17.7M
+64.6%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$17,160,000
6.5%
$15,840,000
7%
$14,710,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$10,760,000
Current use
RETAIL STORES
$26,095,000
Change: +143% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$22,305,000
Change: +107% · Conversion: Difficult
COMMERCIAL (GENERAL)
$17,705,000
Change: +65% · Conversion: Difficult
OFFICE BUILDING
$14,135,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$15.73M
Range $14.16M – $17.30M · ±10% · vs last sale $16.00M (Jun 4 2025)
Last sale anchor
$16.00M
Jun 4 2025
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
$163 / 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
$1,560,440
Tax year 2024
Assessed value
$62,193,700
Assessed 2024
Previous assessed
$62,193,200
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$3,245,800
Assessed improvement
$58,947,900
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1971
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
96,799 SF
Lot
11.69 ac (509,216 SF)
Zoning code
5
APN
BILL M:0109 B:0001 L:1
UPID
US38-0202872
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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$10.8M
RETAIL STORES
Est. value
$26.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$22.3M
COMMERCIAL (GENERAL)
Est. value
$17.7M
OFFICE BUILDING
Est. value
$14.1M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1971
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
11.69 ac
Current owner
From public records · entity-resolved
Wcv 55 Middlesex LLC
Entity
Free & Clear · 0 yrs held
Mailing address
128 1ST AVE, NEEDHAM, MA 02494-2805
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2025
$16,000,000
Wcv 55 Middlesex LLC
Digital 55 Middlesex LLC
Deed
—
Jan 22, 2010
$88,490,027
Digital 55 Middlesex LLC
Sentinel Properties LLC
Grant Deed
—
Jun 30, 2009
—
Sentinel Prop-bedford LLC
—
Deed Of Trust
related
$28,000,000 · Boston Private Bank
Feb 1, 2007
$16,500,000
Sentinel Prop Bedford LLC
Boston Communications INC
Grant Deed
$27,500,000 · Nrfc Wa Holdings LLC
Jun 23, 1999
$8,552,586
Bcia Ne Holdings LLC
Mgi Properties Nt
Grant Deed
related
—
Jan 8, 1993
$2,500,000
Mgi Properties Nt
Prudential Insur Co Am
Grant Deed
—
Apr 25, 1991
$4,000,000
Prudential Insur Co Am
Victor Rlty Dev Co
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
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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