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Property profile & analytics
OFF-MARKET
Estimated value
$2,750,000
Showrooms
55 Salem St, Woburn, MA 01801-3001
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-0478399
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1969
Construction
FRAME
Total area
24,184 SF
Lot
0.51 ac (22,216 SF)
Zoning code
R-2
APN
WOBU M:43 B:14 L:21 U:00
UPID
US38-0478399
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
-
CubeSmart Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$2.75M
Owner & transaction history
Mhc 337 Woburn Ma LLC · 1 yrs held
Mhc 337 Woburn Ma LLC
since 2025
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
R-2 · Woburn, 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 Woburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woburn 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,980,000
Current use
Blend value · Realmo final
$2.75M
Range $2.48M – $3.03M · ±10% · vs last sale $3.60M (Jan 14 2025)
Last sale anchor
$3.60M
Jan 14 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
$114 / 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
$39,704
Tax year 2024
Assessed value
$2,013,400
Assessed 2024
Previous assessed
$1,973,000
+2.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$239,100
Assessed improvement
$1,774,300
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1969
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
1
Bathrooms
2
Total area
24,184 SF
Lot
0.51 ac (22,216 SF)
Zoning code
R-2
APN
WOBU M:43 B:14 L:21 U:00
UPID
US38-0478399
Jurisdiction
WOBURN
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
R-2 · Woburn, MA
Zoning R-2 · permitted uses
R-2 · Woburn, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woburn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.0M
COMMERCIAL (GENERAL) Current
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
1969
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
1
Bathrooms
2
Lot
0.51 ac
Current owner
From public records · entity-resolved
Mhc 337 Woburn Ma LLC
Entity
Mailing address
PO BOX 320099, ALEXANDRIA, VA 22320-4099
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2025
$3,600,000
Mhc 337 Woburn Ma LLC
Mhc 62 Boston Portfolio M
Deed
$1 · Breds V Loan Hldg Ms
Jan 11, 2022
—
Mhc 62 Boston Portfolio
—
Deed
related
$615,000,000 · Citi Real Estate Funding
Aug 11, 2020
—
Mhc 62 Boston Portfolio
—
Deed
related
$323,850,000 · Jpmorgan Chase Bank NA
Nov 14, 2019
—
Mhc 62 Boston Portfolio
—
Deed
related
$395,491,000 · Jpmorgan Chase Bank NA
Oct 8, 2019
$2,565,000
Mhc 62 LLC
Meetinghse Rlty Invst 300
Quit Claim Deed
—
Jun 3, 2004
—
Meetinghouse Rlty Investm
—
Deed Of Trust
related
$2,040,000 · Middlesex Savings Bank
Nov 28, 2001
—
Meetinghouse Rlty Inv
—
Deed Of Trust
related
$1,250,000 · Gloucester Bank & Trust Co
Jul 21, 1999
—
Meetinghouse Rlty Inv
—
Deed Of Trust
related
$1,000,000 · Gloucester Bk & Tr Co
Dec 23, 1997
$250,000
Exchange T Berry
Maynard,ronald V
Grant Deed
—
Dec 23, 1997
—
Families Prop T Berry
—
Deed Of Trust
related
$775,000 · Lawrence Savings Bank
Nov 29, 1996
$100,000
55 Salem St. RT
55 Salem St RT
Grant Deed
related
—
Apr 29, 1991
—
F W Dixon Co
—
Deed Of Trust
related
$200,000 · New Heritage Bank & Trust
May 31, 1990
—
F W Dixon Co
—
Deed Of Trust
related
$400,000 · Bank Five For Svgs
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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