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Property profile & analytics
FOR LEASE
Manufacturing properties
67 Pacella Park Dr, Randolph, MA 02368
Individually Owned
8-yr Hold
Free & Clear
Property ID
US38-1665311
For Lease
1 / 2
$21,435,000
67 Pacella Park Dr, Randolph, MA 02368
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Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1986
Construction
STEEL FRAME
Total area
163,655 SF
Lot
11.98 ac (521,849 SF)
Zoning code
I
APN
RAND M:04 B:G L:001LOT-2
UPID
US38-1665311
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
-
Brewster Home Fashions Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$26.78M
Comparable Approach
Comparable
$23.78M
Blend (final)
Blend
$21.44M
Owner & transaction history
Ppf We 67 Pacella Pk Dr · 8 yrs held
Ppf We 67 Pacella Pk Dr
since 2018
5 recorded transactions
Zoning & alternative use
I · Randolph, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$28.3M
+5.4%
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 Randolph submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Randolph 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%
$29,015,000
6.5%
$26,780,000
7%
$24,870,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$26,830,000
Current use
WAREHOUSE, STORAGE
$28,285,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$21.44M
Range $19.29M – $23.58M · ±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
$131 / 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
$333,370
Tax year 2024
Assessed value
$15,037,000
Assessed 2024
Previous assessed
$13,977,800
+7.6% YoY
Effective rate
2.22%
On assessed value
Assessed land
$5,084,100
Assessed improvement
$9,952,900
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1986
Construction
STEEL FRAME
Heating
SPACE
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
15
Total area
163,655 SF
Lot
11.98 ac (521,849 SF)
Zoning code
I
APN
RAND M:04 B:G L:001LOT-2
UPID
US38-1665311
Jurisdiction
RANDOLPH
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
I · Randolph, MA
Zoning I · permitted uses
I · Randolph, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Randolph. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$26.8M
WAREHOUSE, STORAGE
Est. value
$28.3M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
SPACE
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
15
Lot
11.98 ac
Current owner
From public records · entity-resolved
Ppf We 67 Pacella Pk Dr
Individual
Free & Clear · 8 yrs held
Mailing address
150 BAKER AVE #303, CONCORD, MA 01742-2117
Ownership since
2018
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
Jul 5, 2018
$15,250,000
Ppf We 67 Pacella Pk Dr
We 67 Pacella LLC
Quit Claim Deed
related
—
Nov 21, 2017
$11,050,000
We 67 Pacella LLC
67 Pacella Park Drive INC
Quit Claim Deed
related
—
Feb 1, 2006
$8,050,000
67 Pacella Park Drive INC
Pacella Park Building LLC
Grant Deed
related
—
Oct 2, 2001
—
Pacella Park Bldg LLC
—
Deed Of Trust
related
$7,000,000 · Citizens Bank Of Ma
Sep 25, 1991
$600,000
Grandberg,kenneth Tr
Pacella Bros INC
Grant Deed
$3,250,000 · Zuckerman Family Nomi
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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