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
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$131,163,200$0$131,163,200

Owner of Record
OwnerOFFICE PROP. LLC COLUMBIA MA
Co-OwnerC/O JLL
Address21 CUSTOM HOUSE STREET
BOSTON, MA 02110
Sale Price$157,567,600
Certificate
Book & Page 71544/0323
Sale Date08/29/2018
Instrument1O

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
OFFICE PROP. LLC COLUMBIA MA$157,567,600 71544/03231O08/29/2018
480 ARSENAL GROUP LLC $13,475,000 63894/04571O07/10/2014
AMB PROPERTY LP $44,298,60028380/30728380/03071G03/31/1998

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
FieldDescription
StyleResearch/Devel
ModelCommercial
GradeVery Good
Stories2
Exterior Wall 1Rein.Concr
Exterior Wall 2Rein.Concr
Roof StructureFlat
Roof CoverMembrane
Int Wall 1Drywall
Int Wall 2Drywall
Int Floor 1Carpet
Int Floor 2 
Heat FuelGas
Heat TypeForced H/A
AC Percent100
Full Baths0
Half Baths12
FrameSteel
Plumbing 
Wall Height8.00
Fireplace(s)0
Fireplace RatingAverage
Kitchen RatingGood
% Sprinkler100
Half Bath RatingGood
Living Units1
Full Bath RatingNone
Kitchens5
Bsmt Garage0
FoundationSlab
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 100,938 100,938
BASBase Floor 98,373 98,373
CANCanopy 2,565 0
   201,876 199,311

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
XFLABLab Space Fit Out 185000.00 UNITS$21,737,5001

Land
Land Use
Use Code404C
DescriptionR+D BLD  
Zone
NeighborhoodCE
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)11.72
Frontage
Depth
Total Market Land$0

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
LT1Lights-In W/Pl  1.00 UNITS$19,8002
LT2W/Double Light  1.00 UNITS$15,0002
PAV1Paving-Asphalt  100000.00 S.F$320,0002
Valuation History
Assessment
Valuation YearImprovementsLandTotal
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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