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Property profile & analytics
FOR LEASE
Commercial real estate
90 Middlesex Tpke, Burlington, MA 01803
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-0719259
For Lease
1 / 4
$14,100,000
90 Middlesex Tpke, Burlington, MA 01803
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
12.32 ac (536,659 SF)
Zoning code
PD
APN
BURL M:000052 P:000008
UPID
US38-0719259
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$14.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.10M
Owner & transaction history
Div Middlesex Marketplace · 2 yrs held
Div Middlesex Marketplace
since 2024
Last sale
$14.1M
7 recorded transactions
Zoning & alternative use
PD · 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
$14,100,000
ML approach
$14,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$14.10M
Range $12.69M – $15.51M · ±10% · vs last sale $14.10M (May 16 2024)
Last sale anchor
$14.10M
May 16 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 2020Property tax & assessments
Tax year 2020
Tax billed
$365,258
Tax year 2020
Assessed value
$15,389,800
Assessed 2024
Previous assessed
$15,389,800
+0.0% YoY
Effective rate
2.37%
On assessed value
Assessed land
$4,964,900
Assessed improvement
$10,424,900
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Heating
NONE
Cooling
YES
Buildings
2
Units
24
Lot
12.32 ac (536,659 SF)
Zoning code
PD
APN
BURL M:000052 P:000008
UPID
US38-0719259
Jurisdiction
BURLINGTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
PD · Burlington, MA
Zoning PD · permitted uses
PD · 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
24
Lot
12.32 ac
Current owner
From public records · entity-resolved
Div Middlesex Marketplace
Individual
Mailing address
90 MIDDLESEX TPKE #92, BURLINGTON, MA 01803-4938
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
Nov 18, 2024
—
Div Middlesex Marketplace
—
Deed
related
$10,980,000 · Bank Of New England NA
May 16, 2024
$14,100,000
Div Middlesex Marketplace
Ch Rlty Viii & R Boston M
Quit Claim Arm's Length For Ne States
—
Mar 23, 2018
—
Ch Realty 8r Boston
—
Deed
related
$19,150,000 · Eastern Bank
Dec 18, 2017
$29,000,000
Ch Realty 8 & R Boston Midd
Rc Trust
Quit Claim Deed
—
Apr 22, 2013
—
T Rc
—
Deed Of Trust
related
$9,500,000 · Salem Five Cents Savings Bank
Mar 26, 2012
—
T Rc
—
Deed Of Trust
related
$1,000,000 · Georgetown Savings Bank
May 10, 1995
—
T Rc
—
Deed Of Trust
related
$900,000 · Zeger Corp Pension Trust
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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