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490 ARSENAL WAY
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Location
490 ARSENAL WAY
Mblu
1214/ 1F/ 3/ /
Acct#
2809
Owner
OFFICE PROP. LLC COLUMBIA MA
Total Market Value
$131,163,200
PID
2809
Building Count
2
Current Value
Assessment
Valuation Year
Improvements
Land
Total
2026
$131,163,200
$0
$131,163,200
Owner of Record
Owner
OFFICE PROP. LLC COLUMBIA MA
Co-Owner
C/O JLL
Address
21 CUSTOM HOUSE STREET
BOSTON, MA 02110
Sale Price
$157,567,600
Certificate
Book & Page
71544/323
Sale Date
08/29/2018
Instrument
1O
Ownership History
Ownership History
Owner
Sale Price
Certificate
Book & Page
Instrument
Sale Date
OFFICE PROP. LLC COLUMBIA MA
$157,567,600
71544/323
1O
08/29/2018
480 ARSENAL GROUP LLC
$13,475,000
63894/457
1O
07/10/2014
AMB PROPERTY LP
$44,298,600
28380/307
28380/307
1G
03/31/1998
Building Information
Building 1 : Section 1
Year Built:
2015
Living Area:
199,311
Replacement Cost:
$117,645,496
Building Percent Good:
94
Replacement Cost
Less Depreciation:
$107,269,200
Building Attributes
Field
Description
Style
Research/Devel
Model
Commercial
Grade
Very Good
Stories
2
Exterior Wall 1
Rein.Concr
Exterior Wall 2
Rein.Concr
Roof Structure
Flat
Roof Cover
Membrane
Int Wall 1
Drywall
Int Wall 2
Drywall
Int Floor 1
Carpet
Int Floor 2
Heat Fuel
Gas
Heat Type
Forced H/A
AC Percent
100
Full Baths
0
Half Baths
12
Frame
Steel
Plumbing
Wall Height
8.00
Fireplace(s)
0
Fireplace Rating
Average
Kitchen Rating
Good
% Sprinkler
100
Half Bath Rating
Good
Living Units
1
Full Bath Rating
None
Kitchens
5
Bsmt Garage
0
Foundation
Slab
Building Photo
Building Layout
Building Sub-Areas (sq ft)
Code
Description
Gross
Area
Living
Area
FUS
Finished Upper Story
100,938
100,938
BAS
Base Floor
98,373
98,373
CAN
Canopy
2,565
0
201,876
199,311
Building 2 : Section 1
Year Built:
2016
Living Area:
61,976
Replacement Cost:
$1,896,565
Building Percent Good:
95
Replacement Cost
Less Depreciation:
$1,801,700
Building Attributes : Bldg 2 of 2
Field
Description
Style
Parking
Model
Commercial
Grade
Good (+)
Stories
2
Exterior Wall 1
Rein.Concr
Exterior Wall 2
Roof Structure
Other
Roof Cover
Other
Int Wall 1
Minimum
Int Wall 2
Int Floor 1
Int Floor 2
Heat Fuel
None
Heat Type
None
AC Percent
0
Full Baths
0
Half Baths
0
Frame
Concrete
Plumbing
Wall Height
8.00
Fireplace(s)
0
Fireplace Rating
Average
Kitchen Rating
None
% Sprinkler
Half Bath Rating
None
Living Units
1
Full Bath Rating
None
Kitchens
0
Bsmt Garage
0
Foundation
Slab
Building Photo
Building Layout
Building Sub-Areas (sq ft)
Code
Description
Gross
Area
Living
Area
BAS
Base Floor
30,988
30,988
FUS
Finished Upper Story
30,988
30,988
61,976
61,976
Extra Features
Extra Features
Code
Description
Size
Value
Bldg #
XFLAB
Lab Space Fit Out
185000.00 UNITS
$21,737,500
1
Land
Land Use
Use Code
404C
Description
R+D BLD
Zone
Neighborhood
CE
Alt Land Appr
No
Category
Land Line Valuation
Size (Acres)
11.72
Frontage
Depth
Total Market Land
$0
Outbuildings
Outbuildings
Code
Description
Sub Code
Sub Description
Size
Value
Bldg #
LT1
Lights-In W/Pl
1.00 UNITS
$19,800
2
LT2
W/Double Light
1.00 UNITS
$15,000
2
PAV1
Paving-Asphalt
100000.00 S.F
$320,000
2
Valuation History
Assessment
Valuation Year
Improvements
Land
Total
2025
$109,425,700
$20,829,100
$130,254,800
2024
$110,657,300
$18,243,500
$129,028,500
2023
$109,465,200
$17,537,900
$127,130,800
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