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Property profile & analytics
FOR LEASE
Office buildings
77 S Bedford St, Burlington, MA 01803
Individually Owned
6-yr Hold
Free & Clear
Property ID
US38-1413059
For Lease
1 / 2
$18,525,000
77 S Bedford St, Burlington, MA 01803
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Construction
STEEL FRAME
Total area
144,700 SF
Lot
6.56 ac (285,754 SF)
Zoning code
IG
APN
BURL M:000047 P:0011-6
UPID
US38-1413059
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
-
RIFT.io (Bike/Boat/Book/etc) Store Corporate Office
-
Paul Elkins Gordon Dental Office
-
Burlington Oral & Facial Surgery Center Dental Office
-
Dr. Christopher Pace Dental Office
-
Dr. Paul Gordon Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$17.88M
Blend (final)
Blend
$18.53M
Owner & transaction history
Rjk 77 S Bedford Nc · 6 yrs held
Rjk 77 S Bedford Nc
since 2020
Last sale
$18.4M
7 recorded transactions
Zoning & alternative use
IG · Burlington, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$19,520,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$26,545,000
Current use
INDUSTRIAL (GENERAL)
$22,210,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$18.53M
Range $16.67M – $20.38M · ±10% · vs last sale $18.35M (Feb 12 2020)
Last sale anchor
$18.35M
Feb 12 2020
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
$128 / 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
$708,404
Tax year 2024
Assessed value
$27,446,900
Assessed 2024
Previous assessed
$27,446,900
+0.0% YoY
Effective rate
2.58%
On assessed value
Assessed land
$6,858,400
Assessed improvement
$20,588,500
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1986
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
5
Bathrooms
50
Total area
144,700 SF
Lot
6.56 ac (285,754 SF)
Zoning code
IG
APN
BURL M:000047 P:0011-6
UPID
US38-1413059
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
OFFICE BUILDING Current
Est. value
$26.5M
INDUSTRIAL (GENERAL)
Est. value
$22.2M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
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
CENTRAL
Cooling
Yes
Stories
5
Buildings
1
Bathrooms
50
Lot
6.56 ac
Current owner
From public records · entity-resolved
Rjk 77 S Bedford Nc
Individual
Free & Clear · 6 yrs held
Mailing address
55 CAMBRIDGE ST STE #300, BURLINGTON, MA 01803-4612
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2020
$14,183,522
Rjk 77 S Bedford Nc
W Rjk 77 S Bedford LLC
Quit Claim Deed
—
Feb 12, 2020
$35,000,000
Rjk 77 S Bedford Nc
W Rjk 77 S Bedford LLC
Quit Claim Deed
—
Nov 27, 2013
$30,000,000
W Rjk 77 S Bedford LLC
Ma 77 S Bedford St LLC
Quit Claim Deed
$21,900,000 · Belmont Savings Bank
Mar 15, 2007
—
Ma 77 South Bedford LLC
—
Deed Of Trust
related
$999,999,999 · Bank Of America
Jun 5, 2006
$23,500,000
Ma 77 South Bedfor St LLC
77 South Bedford LLC
Grant Deed
—
Jun 5, 2006
$1
Ma 77 South Bedfor St LLC
77 South Bedford LLC
Grant Deed
—
Apr 21, 2006
$18,350,000
77 South Bedford LLC
Aramantil INC
Grant Deed
$15,000,000 · Sovereign Bank
Apr 21, 2006
—
77 South Bedford LLC
—
Deed Of Trust
related
$5,350,000 · Sovereign Bank
Jun 3, 1993
$9,930,000
Aramantil INC
Bedford Rd INC
Grant Deed
—
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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