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Commercial > Industrial
Sold
06/30/2010
Sold Price
$165,000,000$2,312/ft²

500 Shire Way
Lexington, MA 02421

  • -
    Bed
  • -
    Bath
  • 71,382
    ft²
    Living Area
  • 45
    ac
    Lot Size
  • -
    Pool
  • -
    Car
  • 1975
    Year Built
  • -
    DOM
  • 14
    Permits
500 Shire Way, Lexington, MA 02421 is a 71,382 ft² commercial industrial property property built in 1975 on a 44.980 acre lot with 14 construction permits. This commercial industrial property is currently off market, and it was last sold in 2010 for $165,000,000.

    Permits

    500 Shire Way has 14 permit records of total value of $2,005,509.

    Permit History
    14
    Permits
    $2,005,509
    Total Permit Value
    January 13, 2021
    Description: Remove existing single ply roofing to deck. Furnish and install r-30 polyisocyanurate insulation and adhered pvc membrane per manufacturers specifications. Flash existing roof penetrations and replace edge metalJob Value: $571,655Status: completeType: RoofingSub Type: Strip and re-roofEffective Date: 2021-01-13Permit Number: B-21-65
    October 19, 2020
    Description: Preaction systemJob Value: $5,000Status: issuedType: ElectricalSub Type: Fire detection system (new)Effective Date: 2020-10-19Permit Number: E-20-906
    September 2, 2020
    Description: Low voltage building management controls for (4) vav boxes (1) mau (2) efJob Value: $12,500Status: issuedType: ElectricalSub Type: Central air conditioning electrical permitEffective Date: 2020-09-02Permit Number: E-20-735
    August 31, 2020
    Description: Run 40 cat 6 cables for the low voltage contractor no devices or terminations on our end just the runsJob Value: $15,000Status: issuedType: ElectricalSub Type: Audio/video/data/phone systemsEffective Date: 2020-08-31Permit Number: E-20-728
    August 28, 2020
    Description: Installation of:Job Value: $30,000Status: issuedType: MechanicalSub Type: Other - mechanicalEffective Date: 2020-08-28Permit Number: M-20-80
    August 28, 2020
    Description: Installation of: galvanized ductwork distribution insulation & rgd's (4) vav's (1) in-line fan located on the 3rd floor. Installation of (1) in-take hood located on the lower roofJob Value: $25,000Status: completeType: Sheet metalSub Type: Sheet metalBusiness Name: John J AnnarelliEffective Date: 2020-08-28Permit Number: B-20-855
    August 4, 2020
    Description: Wiring for 2 access controlled doors on the 3rd floor gppf labJob Value: $2,700Status: issuedType: ElectricalSub Type: Miscellaneous electricEffective Date: 2020-08-04Permit Number: E-20-641
    July 30, 2020
    Description: Electrical renovations to existing buildingJob Value: $37,000Status: completeType: ElectricalSub Type: Miscellaneous electricEffective Date: 2020-07-30Permit Number: E-20-622
    July 13, 2020
    Description: Demolish selective ductwork. Install new galvanized supply return exhaust and fresh air ductwork. Install (1) fume hood supply/exhaust air valves (5) sound attenuators (1) vav box (1) make up air unit (2) exhaust fans (6) rgd's. Project: takeda gpplJob Value: $90,000Status: completeType: Sheet metalSub Type: Sheet metalBusiness Name: John J AnnarelliEffective Date: 2020-07-13Permit Number: B-20-640
    July 13, 2020
    Description: Demolish selective ductwork. Install new galvanized supply return exhaust and fresh air ductwork. Install (1) fume hood supply/exhaust air valves (5) sound attenuators (1) vav box (1) make up air unit (2) exhaust fans (6) rgd'sJob Value: $51,000Status: completeType: MechanicalSub Type: Other - mechanicalEffective Date: 2020-07-13Permit Number: M-20-52
    May 22, 2020
    Description: Gsoc permit:Job Value: $591,685Status: completeType: Interior alterationsSub Type: Interior alterationsBusiness Name: SmmaEffective Date: 2020-05-22Permit Number: B-20-482
    May 22, 2020
    Description: Interior selective demolish of office space to convert to lab space includes new architectural finishes and new mep's gppl lab 3rd floor labJob Value: $573,969Status: completeType: Interior alterationsSub Type: Interior alterationsBusiness Name: SmmaEffective Date: 2020-05-22Permit Number: B-20-483
    January 2, 2020
    Description: Water heater replacementStatus: issuedType: GasSub Type: ReplacementBusiness Name: Total Temperature Control INCEffective Date: 2020-01-02Permit Number: G-20-1
    January 2, 2020
    Description: Water heater replacementStatus: issuedType: plumbingSub Type: ReplacementBusiness Name: Total Temperature Control INCEffective Date: 2020-01-02Permit Number: P-20-1

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2023$901,383.00
      From latest Total Assessed Value2.57%
      Total Assessed Value$35,046,000
      =
      Land
      Assessed Value      $6,983,000
      +
      Additions
      Assessed Value      $28,063,000

      • In 2023, taxes billed for 500 Shire Way were $901,383, which is 2.57% from latest Total Assessed Value of $35,046,000.

    Property History

    500 Shire Way has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 500 Shire Way

    • Hazard Risks

      Hurricane
      123
      Wind
      117
      Lead
      110
      Air Pollution
      105
      Ozone
      104
      Nat'l Avg
      100
      Hail
      100
      Carb Mono
      99
      Weather
      98
      Particulates
      88
      Earthquake
      80
      Tornado
      61

      • 12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 500 Shire Way.

      Walkability Index

      11 /20

      Somewhat Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      500 Shire Way has a walkability score of 11 out of 20, which means that it is in a somewhat walkable area.

      Temperature

      Seasonal temperature sampled over multiple years

      Winter
      Average

      28 °F

      Low

      19°F

      High

      37°F

      Summer
      Average

      69 °F

      Low

      59°F

      High

      80°F

      In the winter at 500 Shire Way, temperatures range from 19.17°F to 37.01°F with an average of 28.09°F. In the summer, the temperature ranges from 58.71°F to 79.89°F with and average of 69.3°F.

    School Information

    Public/private schools serving 500 Shire Way

      Public Schools

      Bridge
      Grades: KG-5
      0.78  mi
      A-
      Lexington High School
      Grades: 9-12
      1.44  mi
      A-
      Jonas Clarke Middle School
      Grades: 6-8
      1.40  mi
      A
      * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

      Nearby public schools serving 500 Shire Way have ratings undefined, undefined, and undefined.

    Neighborhood

    This property is located in 02421.

    • Region

      • Boundary map of 02421.

      Crime Index for 02421

      40

      Very safe neighborhood
      40

      The crime index in 02421 is 40, which is 0.4 times lower than national average.

    • Seasonal Housing units 02421

      8%

      of housing is for seasonal rent.

      Daytime Population for 02421

      +53%

      of people during work hours.

    Market Trends

    Historical market data near 500 Shire Way over selected time period.

    Nearby Properties on Shire Way

    USAMAMiddlesex CountyLexingtonShire Way