Property profile

647 Boston Rd Billerica, MA 01821

OFF-MARKET
Turn key restaurants
Property ID
US38-1716722
1,428 SF 0.31 ac lot Built 1973
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1973
Construction STEEL FRAME
Total area 1,428 SF
Lot 0.31 ac (13,573 SF)
Zoning code 4
APN BILL M:0080 B:0150 L:0
UPID US38-1716722

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

647 Boston Rd Billerica, MA 01821-5320
Billerica metro Census 316201 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$815k
CAP Approach CAP
by Request
Comparable Approach Comparable
$539k
Blend (final) Blend
$815k

Owner & transaction history

since 2024
Last sale
$815,000
2 recorded transactions
2024
$815,000
2011
$450,000

Zoning & alternative use

4 · Billerica, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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