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Property profile & analytics
OFF-MARKET
Estimated value
$2,600,000
Warehouses
867 Woburn St, Wilmington, MA 01887-3490
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-0826172
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1967
Construction
STEEL FRAME
Total area
18,201 SF
Lot
1.56 ac (67,954 SF)
APN
WILM M:0037 L:0000 P:0005
UPID
US38-0826172
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
-
NER Construction Management, Inc. Construction Company
-
Border Corporation Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.60M
CAP Approach
CAP
$3.62M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.60M
Owner & transaction history
867 Holdings LLC · 1 yrs held
867 Holdings LLC
since 2024
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$4.2M
+58.4%
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 Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmington 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
$2,600,000
ML approach
$2,600,000
CAP Approach
CAP Return
Estimation
6%
$3,920,000
6.5%
$3,615,000
7%
$3,360,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,645,000
Current use
APARTMENT HOUSE (5+ UNITS)
$4,195,000
Change: +58% · Conversion: Difficult
Blend value · Realmo final
$2.60M
Range $2.34M – $2.86M · ±10% · vs last sale $2.60M (Sep 18 2024)
Last sale anchor
$2.60M
Sep 18 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
$143 / 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
$63,028
Tax year 2024
Assessed value
$2,402,900
Assessed 2024
Previous assessed
$2,402,900
+0.0% YoY
Effective rate
2.62%
On assessed value
Assessed land
$490,700
Assessed improvement
$1,912,200
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1967
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
1
Units
1
Total area
18,201 SF
Lot
1.56 ac (67,954 SF)
APN
WILM M:0037 L:0000 P:0005
UPID
US38-0826172
Jurisdiction
WILMINGTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.2M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
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
1967
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Units
1
Lot
1.56 ac
Current owner
From public records · entity-resolved
867 Holdings LLC
Entity
Mailing address
867 WOBURN ST, WILMINGTON, MA 01887-3490
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2024
$2,600,000
867 Holdings LLC
867 Woburn Street LLC
Quit Claim Arm's Length For Ne States
—
Feb 10, 2022
$3,000,000
887 Woburn LLC
867 Woburn Street LLC
Quit Claim Arm's Length For Ne States
—
Aug 23, 2021
—
867 Woburn St LLC
—
Deed
related
$2,200,000 · 887 Woburn LLC
Jun 2, 2016
$1,800,000
867 Woburn Street LLC
Ncj T
Quit Claim Arm's Length For Ne States
$1,500,000 · Eastern Bank
Oct 15, 2013
—
T Ncj
—
Deed Of Trust
related
$1,000,000 · Mass Growth Cap Corp
Jan 17, 2003
—
T Ncj
—
Deed Of Trust
related
$1,600,000 · Sovereign Bank
Dec 12, 1997
—
Ncj Trust
—
Deed Of Trust
related
$600,000 · Fleet National Bank
Jan 15, 1997
$835,000
Ncj Trust
G&w RT
Grant Deed
$300,000 · Zenon Grzybowski
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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