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Property profile & analytics
OFF-MARKET
Estimated value
$1,810,000
Manufacturing properties
9 Blackburn Dr Gloucester, MA 01930-2237
Individually Owned
22-yr Hold
Free & Clear
Property ID
US38-1442589
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1970
Construction
CONCRETE
Total area
51,092 SF
Lot
4.06 ac (176,854 SF)
Zoning code
BP
APN
GLOU M:0262 B:0020 L:0000
UPID
US38-1442589
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
-
AOBIOUS INC Biochemical Supplier
-
Intershell Take-out & Catering Fish Market
-
Angelica Seafoods Buy Fresh Seafood Online - Overnight Delivery Take-out & Catering Fish Market
-
Essex Clambake Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.19M
Blend (final)
Blend
$1.81M
Owner & transaction history
Varian Semiconductor · 22 yrs held
Varian Semiconductor
since 2004
7 recorded transactions
Zoning & alternative use
BP · Gloucester, 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 Gloucester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gloucester 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.81M
Range $1.63M – $1.99M · ±10%
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
$35 / 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
$16,967
Tax year 2024
Assessed value
$1,688,300
Assessed 2024
Previous assessed
$1,688,300
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$1,079,000
Assessed improvement
$609,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1970
Construction
CONCRETE
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
2
Total area
51,092 SF
Lot
4.06 ac (176,854 SF)
Zoning code
BP
APN
GLOU M:0262 B:0020 L:0000
UPID
US38-1442589
Jurisdiction
GLOUCESTER
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
BP · Gloucester, MA
Zoning BP · permitted uses
BP · Gloucester, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gloucester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
2
Lot
4.06 ac
Current owner
From public records · entity-resolved
Varian Semiconductor
Individual
Free & Clear · 22 yrs held
Mailing address
9 BLACKBURN DR, GLOUCESTER, MA 01930-2237
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
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
Oct 16, 2009
—
Nutramax Products INC
—
Deed Of Trust
related
$10,035,855 · David R Bradley JR T
Nov 12, 2008
—
Nutramax Products INC
—
Deed Of Trust
related
$13,000,000 · Bank Of America
Jul 21, 2004
$1,975,000
Varian Semiconductor
Nutramax Products INC
Grant Deed
—
Feb 28, 2001
—
Nutramax Products INC
—
Deed Of Trust
related
$4,000,000 · Fleet National Bank
Jun 23, 1998
$2,584,000
Nutramax Products INC
Aid-pack LP
Grant Deed
$2,800,000 · Gary Needham
Jun 23, 1998
—
Nutramax Products INC
—
Deed Of Trust
related
$60,000 · Bankboston Development Co LLC
Mar 18, 1997
—
Nutramax Products INC
—
Deed Of Trust
related
$60,000 · Unknown Lender
Oct 9, 1991
—
Aid-pack LP
—
Deed Of Trust
related
$190,000 · Alfred Dalessandro
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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