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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    760 Boston Rd Billerica, MA 01821-5677

    • Gas stations
    • 2,382 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimations
    $335,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-0574003
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Theskiinboutique / Spa
    • 3A BROS LLC/GULF / Auto Repair Shop / Car Inspection Station
    • ATM / Atm
    • GlowUp / Photographer
    • Flair Hair Salon / Waxing Hair Removal Service / Hair Salon

    Property Details for 760 Boston Rd

    Year built
    1970
    Construction
    FRAME
    Lot size
    0.43 lot acres
    Property size
    2,382 SF
    Zone code
    4
    Property type
    Gas stations
    APN
    BILL M:0090 B:0221 L:0
    APU
    BILLM0090B0221L0

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $330,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $333,000
      Market price range: $334k - $599k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Billerica
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2372
    Latitude
    42.5354
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $17,550
    $316,200
    $383,300
    $699,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $280,000
      308 SF

      581 Boston Rd

      GAS STATION • 308 SF
      581 Boston Rd, Billerica, MA 01821-3714
      View Details
    • Value Estimation
      $365,000
      5,414 SF

      612 Middlesex Tpke

      GAS STATION • 5,414 SF
      612 Middlesex Tpke, Billerica, MA 01821-4312
      View Details
    • Value Estimation
      $355,000
      1,708 SF

      441 Boston Rd

      GAS STATION • 1,708 SF
      441 Boston Rd, Billerica, MA 01821-2704
      View Details
    • Value Estimation
      $1,600,000
      2,506 SF

      653 Boston Rd

      SERVICE STATION (FULL SERVICE) • 2,506 SF
      653 Boston Rd, Billerica, MA 01821-5320
      View Details
    • Value Estimation
      $325,000
      2,430 SF

      221 Andover Rd

      SERVICE STATION (FULL SERVICE) • 2,430 SF
      221 Andover Rd, Billerica, MA 01821-1946
      View Details
    • Value Estimation
      $310,000
      2,049 SF

      320 Salem Rd

      SERVICE STATION (FULL SERVICE) • 2,049 SF
      320 Salem Rd, Billerica, MA 01821-2121
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      40,000 SF

      Billerica Flex, R&D, Office Building

      Two-story, 40,000 SF flex/R&D/office building in established park setting.
      4 Federal St, Billerica, MA 01821
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    • Contact for pricing
      12,000 SF

      Executive Office Suites, Billerica, MA

      Six units, 12,000 SF total, prime location.
      574 Boston Rd, Billerica, MA 01821
      View Details
    • $550,000

      Industrial Condo For Sale

      Industrial condo convenient to routes 129, 3, and 3A.
      83 Alexander Rd, Billerica, MA 01821
      View Details
    • $950,000
      2.98 Acres

      Land with Colonial Home

      2.98 acres with a well-maintained Georgian Colonial home.
      51 Whipple Rd, Billerica, MA 01821
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      243,434 SF

      Billerica Retail Center - For Lease

      High-traffic retail space, multiple units available.
      480 Boston Rd, Billerica, MA 01821
      View Details
    • Contact for pricing

      Sublease Opportunity with Modern Upgrades

      Available for sublease, featuring new roof, facade, and HVAC.
      Billerica, MA 01821
      View Details
    • $14 SF/Yr

      Billerica Center Office/Retail Space

      Elevatored building suitable for business, professional, school & religious uses.
      5 Andover Rd, Billerica, MA 01821
      View Details
    • Contact for pricing
      33,923 SF

      Boston Road Retail Space For Lease

      New Retail Development, Flexible Space Available
      279 Boston Rd, Billerica, MA 01821
      View Details
    • Contact for pricing
      12,000 SF

      Executive Office Suites, Billerica, MA

      Prime Billerica Office Space - Available Now
      574 Boston Rd, Billerica, MA 01821
      View Details
    • Contact for pricing
      13,630 SF

      Billerica Flex Space Available

      Flex space with open floor plan and convenient highway access.
      3 Federal St, Billerica, MA 01821
      View Details

    Property Visit Statistics

    • Visits by month
      1.3k
    • Visitors by month
      1.0k
    • Avg Time on site
      15 min
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    760 Boston Rd
    Billerica, MA 01821-5677
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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