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Property profile & analytics
OFF-MARKET
Estimated value
$2,500,000
Manufacturing properties
7 Executive Park Dr, North Billerica, MA 01862-1318
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-1762922
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1980
Construction
STEEL FRAME
Total area
13,924 SF
Lot
1.03 ac (45,006 SF)
Zoning code
5
APN
BILL M:0013 B:0018 L:0
UPID
US38-1762922
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
-
Laminated Plastics Co Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.50M
CAP Approach
CAP
$2.28M
Comparable Approach
Comparable
$1.56M
Blend (final)
Blend
$2.50M
Owner & transaction history
Roda Sochen LLC · 1 yrs held
Roda Sochen LLC
since 2024
Last sale
$2.5M
5 recorded transactions
Zoning & alternative use
5 · North Billerica, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.0M
+109.4%
Auto repair, garage
$3.9M
+103.0%
Neighborhood: shopping center
$3.9M
+99.8%
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 North Billerica submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Billerica 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
$2,500,000
ML approach
$2,500,000
CAP Approach
CAP Return
Estimation
6%
$2,470,000
6.5%
$2,280,000
7%
$2,115,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,930,000
Current use
RESTAURANT
$4,040,000
Change: +109% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,920,000
Change: +103% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,860,000
Change: +100% · Conversion: Difficult
RETAIL STORES
$3,755,000
Change: +94% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$3,210,000
Change: +66% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,545,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$2,070,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$2.50M
Range $2.25M – $2.75M · ±10% · vs last sale $2.50M (Oct 3 2024)
Last sale anchor
$2.50M
Oct 3 2024
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
$180 / 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
$29,338
Tax year 2024
Assessed value
$1,169,300
Assessed 2024
Previous assessed
$1,169,300
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$410,000
Assessed improvement
$759,300
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
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Stories
1
Units
1
Total area
13,924 SF
Lot
1.03 ac (45,006 SF)
Zoning code
5
APN
BILL M:0013 B:0018 L:0
UPID
US38-1762922
Jurisdiction
BILLERICA
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
5 · North Billerica, MA
Zoning 5 · permitted uses
5 · North Billerica, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Billerica. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.9M
RESTAURANT
Est. value
$4.0M
AUTO REPAIR, GARAGE
Est. value
$3.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.9M
RETAIL STORES
Est. value
$3.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.2M
COMMERCIAL (GENERAL)
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.1M
INDUSTRIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
OFFICE 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
1980
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
1
Units
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
Roda Sochen LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1776 MONUMENT ST, CONCORD, MA 01742-5310
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Oct 10, 2024
$2,500,000
Roda Sochen LLC
Jg Partners LLC
Correction Deed
related
—
Oct 3, 2024
$2,500,000
Roda Sochen LLC
Jg Partners LLC
Quit Claim Arm's Length For Ne States
$2,000,000 · Us Bank NA
Nov 4, 2008
$1
Jg Partners LLC
Jg Assoc
Grant Deed
—
Dec 18, 1992
—
James F Gieber
—
Deed Of Trust
related
$180,000 · Zions First National Bank
May 4, 1987
—
J G Assoc
—
Deed Of Trust
related
$275,000 · Shawmut Arlington Tr
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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