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Property profile & analytics
FOR LEASE
Industrial properties
550 King St, Littleton, MA 01460
Individually Owned
~
Est. High Equity
Property ID
US38-0160733
For Lease
1 / 4
$20,770,000
550 King St, Littleton, MA 01460
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
39.84 ac (1,735,313 SF)
Zoning code
B
APN
LITT M:0U08 B:0010 L:0
UPID
US38-0160733
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
-
Park At Work IBM Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.77M
Owner & transaction history
550 King St-parcel 100 Ll
550 King St-parcel 100 Ll
since 2025
Last sale
$21.2M
7 recorded transactions
Zoning & alternative use
B · Littleton, 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 Littleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Littleton 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
$20,005,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$20.77M
Range $18.69M – $22.85M · ±10% · vs last sale $21.15M (Sep 16 2021)
Last sale anchor
$21.15M
Sep 16 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
—
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 2020Property tax & assessments
Tax year 2020
Tax billed
$1,789,842
Tax year 2020
Assessed value
$36,432,200
Assessed 2024
Previous assessed
$36,432,200
+0.0% YoY
Effective rate
4.91%
On assessed value
Assessed land
$10,489,900
Assessed improvement
$25,942,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
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
For Lease
Heating
NONE
Cooling
YES
Buildings
3
Units
3
Lot
39.84 ac (1,735,313 SF)
Zoning code
B
APN
LITT M:0U08 B:0010 L:0
UPID
US38-0160733
Jurisdiction
LITTLETON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
B · Littleton, MA
Zoning B · permitted uses
B · Littleton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Littleton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
3
Units
3
Lot
39.84 ac
Current owner
From public records · entity-resolved
550 King St-parcel 100 Ll
Individual
Mailing address
290 MERRIMACK ST, LAWRENCE, MA 01843-1782
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2025
—
550 King St-parcel 100 Ll
550 King Street LLC
Quitclaim Deed
related
$36,700,000 · Beacon Bank & Trust
Dec 24, 2024
—
550 King Street LLC
—
Deed
related
$31,100,000 · Berkshire Bank
Feb 6, 2024
—
550 King Street LLC
—
Deed
related
$16,900,000 · Northern Bank & Trust Co
Sep 16, 2021
$21,150,000
550 King Street LLC
Lsref 4 Turtle King St
Quit Claim Arm's Length For Ne States
$19,270,000 · Northern Bank & Trust Co
Jul 20, 2020
—
Lsref4 Turtle King St LLC
—
Deed
related
$143,008,381 · Citibank NA
Aug 6, 2015
$87,750,000
Lsref4 Turtle King St LLC
Wells Real Estate Inv Trust
Warranty Deed
—
Aug 4, 2015
$87,750,000
Lsref4 Turtle King St LLC
Wells,reit
Warranty Deed
—
Apr 2, 2010
$88,450,000
Fargo Bk Wells
Ag Nd King LLC
Grant Deed
—
Jan 4, 2008
—
Ag-nd King LLC
—
Deed Of Trust
related
$84,000,000 · Wells Fargo Mortgage
May 9, 2006
$25,500,000
Ag Nd King LLC
Hewlett Packard Co
Grant Deed
$21,320,000 · Wells Fargo Mortgage
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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