Property profile

91 Middlesex Tpke Burlington, MA 01803

OFF-MARKET
Super regional malls
Property ID
US38-0548534
28,905 SF 2.29 ac lot Built 1992
Individually Owned 29-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

A 3,007-square-foot retail space is situated across from the Burlington Mall. The property is positioned along Burlington Mall Road and Middlesex Turnpike with reported traffic counts exceeding 21,500 vehicles per day on Burlington Mall Road and exceeding 23,000 vehicles per day on Middlesex Turnpike. The immediate trade area is described as having an average household income exceeding $172,000 within a 3-mile radius and a daytime population exceeding 100,000 within the same radius.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1992
Construction STEEL FRAME
Total area 28,905 SF
Lot 2.29 ac (99,752 SF)
Zoning code BG
APN BURL M:000045 P:000029
UPID US38-0548534

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Mobile Phone Store Electronics & Wireless Store
  • Restaurant
  • Restaurant
  • Golf Course (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Pharmacy

Location

91 Middlesex Tpke Burlington, MA 01803-4933
Burlington metro Census 332401 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.81M

Owner & transaction history

since 1997
6 recorded transactions
2011
Price N/A
1997
$14,664
1992
$300.0M
1992
Price N/A
1990
$550,000
1988
Price N/A

Zoning & alternative use

BG · Burlington, MA
Zoning description

4.2.5 AUTOMOTIVE SALES AND SERVICE USES RO RG RC BN BL BG BT IG IH IR OS A WR CC CBD 4.2.5.9 Outdoor storage of motor vehicles intended for sale to the general public, incidental and subordinate to an Automobile Dealersh…

General category COMMERCIAL
Top alternative use upside
Restaurant $8.4M +4.8%
Auto repair, garage $8.1M +1.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 91 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.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message