New search
Property profile & analytics
OFF-MARKET
Estimated value
$23,165,000
Life science properties
900 Middlesex Tpke, Billerica, MA 01821-3929
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-2177263
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1982
Construction
STEEL FRAME
Total area
87,107 SF
Lot
10.4 ac (453,068 SF)
Zoning code
5
APN
BILL M:0097 B:0087 L:2-1-1
UPID
US38-2177263
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
-
Mettler-Toledo Process Analytics Industrial Manufacturer Production Facility
-
Mettler-Toledo Thornton, Inc. (Bike/Boat/Book/etc) Store
-
Markforged Industrial Manufacturer Production Facility
-
Quanterix Corporation Corporate Office
-
Sparta Inc Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$23.44M
Blend (final)
Blend
$23.17M
Owner & transaction history
Billerica 900 Middlesex · 4 yrs held
Billerica 900 Middlesex
since 2021
Last sale
$23.5M
2 recorded transactions
Zoning & alternative use
5 · Billerica, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$25.3M
+78.1%
Auto repair, garage
$24.5M
+72.7%
Neighborhood: shopping center
$24.1M
+70.0%
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 Billerica submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Billerica 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
$22,225,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
$14,200,000
Current use
RESTAURANT
$25,290,000
Change: +78% · Conversion: Difficult
AUTO REPAIR, GARAGE
$24,515,000
Change: +73% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$24,135,000
Change: +70% · Conversion: Difficult
RETAIL STORES
$23,480,000
Change: +65% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$20,070,000
Change: +41% · Conversion: Difficult
COMMERCIAL (GENERAL)
$15,935,000
Change: +12% · Conversion: Difficult
Blend value · Realmo final
$23.17M
Range $20.85M – $25.48M · ±10% · vs last sale $23.50M (Dec 23 2021)
Last sale anchor
$23.50M
Dec 23 2021
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
$266 / 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
$379,341
Tax year 2024
Assessed value
$15,119,200
Assessed 2024
Previous assessed
$15,119,200
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$2,845,200
Assessed improvement
$12,274,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1982
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
87,107 SF
Lot
10.4 ac (453,068 SF)
Zoning code
5
APN
BILL M:0097 B:0087 L:2-1-1
UPID
US38-2177263
Jurisdiction
BILLERICA
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
5 · Billerica, MA
Zoning 5 · permitted uses
5 · Billerica, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Billerica. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
Est. value
$14.2M
RESTAURANT
Est. value
$25.3M
AUTO REPAIR, GARAGE
Est. value
$24.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$24.1M
RETAIL STORES
Est. value
$23.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$20.1M
COMMERCIAL (GENERAL)
Est. value
$15.9M
R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (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
1982
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
10.4 ac
Current owner
From public records · entity-resolved
Billerica 900 Middlesex
Individual
Mailing address
900 MIDDLESEX TPKE #6, BILLERICA, MA 01821-3929
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2021
$23,500,000
Billerica 900 Middlesex
Mdx 6 Billerica LLC
Quit Claim Arm's Length For Ne States
$8,675,627 · Webster Bank
Sep 13, 2005
$974,000
Gutierrez,arturo J Tr
Middlesex Tech Center RT
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?”
You own 900 Middlesex Tpke?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
