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Property profile & analytics
OFF-MARKET
Estimated value
$9,935,000
Automotive properties
62 Cambridge St, Burlington, MA 01803-4124
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US38-1800059
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2008
Construction
STEEL FRAME
Total area
46,010 SF
Lot
5.12 ac (222,844 SF)
Zoning code
IG
APN
BURL M:000042 P:000097
UPID
US38-1800059
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
-
Audi Burlington Service Center Auto Repair Shop
-
Porsche of Burlington Service Center Auto Repair Shop
-
Audi Burlington Parts Center Auto Parts Store
-
Audi Burlington Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.83M
Blend (final)
Blend
$9.94M
Owner & transaction history
Herb Chambers Camb St LLC · 17 yrs held
Herb Chambers Camb St LLC
since 2009
1 recorded transaction
Zoning & alternative use
IG · Burlington, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$13.4M
+3.2%
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 Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington 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
AUTO REPAIR, GARAGE
$12,950,000
Current use
RESTAURANT
$13,360,000
Change: +3% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$12,750,000
Change: -2% · Conversion: Difficult
RETAIL STORES
$12,405,000
Change: -4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$11,890,000
Change: -8% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$10,600,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$9.94M
Range $8.94M – $10.93M · ±10%
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
$216 / 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
$384,084
Tax year 2024
Assessed value
$14,881,200
Assessed 2024
Previous assessed
$14,881,200
+0.0% YoY
Effective rate
2.58%
On assessed value
Assessed land
$2,776,800
Assessed improvement
$12,104,400
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
8
Total area
46,010 SF
Lot
5.12 ac (222,844 SF)
Zoning code
IG
APN
BURL M:000042 P:000097
UPID
US38-1800059
Jurisdiction
BURLINGTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
IG · Burlington, MA
Zoning IG · permitted uses
IG · Burlington, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burlington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$13.0M
RESTAURANT
Est. value
$13.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.8M
RETAIL STORES
Est. value
$12.4M
COMMERCIAL (GENERAL)
Est. value
$11.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.6M
AUTO REPAIR, GARAGE Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
2008
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
8
Lot
5.12 ac
Current owner
From public records · entity-resolved
Herb Chambers Camb St LLC
Entity
Mailing address
62 CAMBRIDGE ST, BURLINGTON, MA 01803-4124
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2009
—
Herb Chambers Camb St LLC
—
Deed Of Trust
related
$5,900,000 · Bank Of America
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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