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Property profile & analytics
OFF-MARKET
Estimated value
$4,200,000
Investment properties
85 Wilmington Rd, Burlington, MA 01803-1499
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-0218879
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
3.53 ac (153,762 SF)
Zoning code
BG
APN
BURL M:000007 P:000012
UPID
US38-0218879
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
-
Kay Pee Jewelers (Bike/Boat/Book/etc) Store
-
Michele Forester, Realtor EXIT Premier Real Estate Real Estate Agency
-
Sonia Rollins Real Estate Agency
-
Dunkin' Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.20M
Owner & transaction history
Lalitkumar Gandhi · 2 yrs held
Lalitkumar Gandhi
since 2024
Last sale
$4.2M
7 recorded transactions
Zoning & alternative use
BG · 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
$4,200,000
ML approach
$4,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.20M
Range $3.78M – $4.62M · ±10% · vs last sale $4.20M (Jan 31 2024)
Last sale anchor
$4.20M
Jan 31 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
—
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
Assessed value
$3,851,900
Assessed 2024
Previous assessed
$3,851,900
+0.0% YoY
Assessed land
$1,600,400
Assessed improvement
$2,251,500
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
2
Units
2
Lot
3.53 ac (153,762 SF)
Zoning code
BG
APN
BURL M:000007 P:000012
UPID
US38-0218879
Jurisdiction
BURLINGTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
BG · Burlington, MA
Zoning BG · permitted uses
BG · 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.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
2
Units
2
Lot
3.53 ac
Current owner
From public records · entity-resolved
Lalitkumar Gandhi
Individual
Mailing address
85 WILMINGTON RD, BURLINGTON, MA 01803-1499
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2024
$4,200,000
Lalitkumar Gandhi
M & H RT
Quit Claim Arm's Length For Ne States
$1,350,000 · Td Bank NA
Jul 16, 2019
—
James D Sherburne
Strati,paul S
Quit Claim Deed
related
—
Aug 18, 2003
—
M RT
—
Deed Of Trust
related
$110,000 · Reading Cp Bank
Dec 12, 1994
—
M RT
—
Deed Of Trust
related
$845,000 · Reading Cp Bank
Dec 29, 1989
$1,735,000
M RT
Plaza 62 RT
Grant Deed
$900,000 · Bankboston Development Co LLC
Nov 3, 1989
—
62 RT Plaza
—
Deed Of Trust
related
$5,000,000 · Malden Trust Co
Jun 26, 1989
—
62 RT Plaza
—
Deed Of Trust
related
$700,000 · Malden Trust Co
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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