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Property profile & analytics
OFF-MARKET
Estimated value
$13,495,000
Life science properties
60th Columbian St, Braintree, MA 02184-7320
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-0498770
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1986
Construction
STEEL FRAME
Total area
99,432 SF
Lot
10 ac (435,600 SF)
Zoning code
HBD
APN
BRAI M:1112 B:0 L:22D
UPID
US38-0498770
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
$12.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.50M
Owner & transaction history
Mass General Brigham Care · 5 yrs held
Mass General Brigham Care
since 2021
Last sale
$14.0M
5 recorded transactions
Zoning & alternative use
HBD · Braintree, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$19.3M
+317.7%
Office building
$16.1M
+247.5%
Commercial (general)
$12.8M
+176.6%
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 Braintree submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Braintree 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
$18,875,000
ML approach
$12,490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$19,310,000
Change: +318% · Conversion: Difficult
OFFICE BUILDING
$16,065,000
Change: +247% · Conversion: Difficult
COMMERCIAL (GENERAL)
$12,790,000
Change: +177% · Conversion: Difficult
RETAIL STORES
$12,625,000
Change: +173% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$12,370,000
Change: +168% · Conversion: Difficult
AUTO REPAIR, GARAGE
$11,840,000
Change: +156% · Conversion: Difficult
MEDICAL BUILDING
$11,370,000
Change: +146% · Conversion: Difficult
Blend value · Realmo final
$13.50M
Range $12.15M – $14.84M · ±10% · vs last sale $14.00M (Jun 3 2021)
Last sale anchor
$14.00M
Jun 3 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
$136 / 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
$285,432
Tax year 2024
Assessed value
$14,095,400
Assessed 2024
Previous assessed
$14,095,400
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$9,147,600
Assessed improvement
$4,947,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
2
Bathrooms
10
Total area
99,432 SF
Lot
10 ac (435,600 SF)
Zoning code
HBD
APN
BRAI M:1112 B:0 L:22D
UPID
US38-0498770
Jurisdiction
BRAINTREE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
HBD · Braintree, MA
Zoning HBD · permitted uses
HBD · Braintree, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Braintree. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$19.3M
OFFICE BUILDING
Est. value
$16.1M
COMMERCIAL (GENERAL)
Est. value
$12.8M
RETAIL STORES
Est. value
$12.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$12.4M
AUTO REPAIR, GARAGE
Est. value
$11.8M
MEDICAL BUILDING
Est. value
$11.4M
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
MEDICAL 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
1986
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
2
Bathrooms
10
Lot
10 ac
Current owner
From public records · entity-resolved
Mass General Brigham Care
Individual
Free & Clear · 5 yrs held
Mailing address
399 REVOLUTION DR, SOMERVILLE, MA 02145-1484
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2021
$14,000,000
Mass General Brigham Care
60 Columbian Street Ft
Quit Claim Arm's Length For Ne States
—
Apr 14, 2016
$10,250,000
60 Columbian Street RT
Aref Braintree Ltd
Quit Claim Arm's Length For Ne States
—
May 30, 2006
$13,165,500
Aref Braintree LP
Trinet Prop Prtnrs LLP
Grant Deed
$10,480,000 · Wmc Mortgage Corp
Feb 26, 1998
$9,500,000
Trinet Prop Prtnrs LP
Gatto,stephen J Tr
Grant Deed
—
Sep 18, 1995
—
Davis,ronald A Tr
—
Deed Of Trust
related
$700,000 · Hibernia Savings Bank
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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