40 ROBBIE RD
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Location
40 ROBBIE RD
Mblu
B6/ 1/ 9/ /
Acct#
0B6001009
Owner
NBPIII ROBBIE LLC
Assessment
$12,402,700
Appraisal
$12,402,700
PID
101441
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$9,928,100$2,474,600$12,402,700
Assessment
Valuation YearImprovementsLandTotal
2026$9,928,100$2,474,600$12,402,700

Owner of Record
OwnerNBPIII ROBBIE LLC
Co-Owner
Address401 EDGEWATER PL., STE 265
WAKEFIELD, MA 01880
Sale Price$16,300,000
Certificate
Book & Page 39590/0406
Sale Date07/02/2021
Instrument1O

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
NBPIII ROBBIE LLC$16,300,000 39590/04061O07/02/2021
JUMBO CAPITAL MANAGEMENT LLC - TR.$9,230,000 36605/01020002/11/2019
NEW AVON LIMITED PARTNERSHIP$0 10732/610-3 11/18/1994
MIF I ODYSSEY LIMITED PARTNERSHIP$5,380,000 7304/365-7 10/31/1986
HOUSING ORGANIZATIONAL TRUST$0 6195/0308 06/30/1983

Building Information
Building 1 : Section 1
Year Built: 1980
Living Area: 144,252
Replacement Cost: $13,150,524
Building Percent Good: 72
Replacement Cost
Less Depreciation:
$9,468,400
Building Attributes
FieldDescription
Style:Pre-Eng Mfg
ModelInd/Comm
GradeAvg/Good
Stories:1
Occupancy9.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2Concr/Cinder
Roof StructureFlat
Roof CoverMetal/Tin
Interior Wall 1Minim/Masonry
Interior Wall 2Drywall/Sheet
Interior Floor 1Concr-Finished
Interior Floor 2Carpet
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeNone
Struct Class 
Bldg UseINDUSTRIAL
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL/MN WL
Rooms/PrtnsAVERAGE
Wall Height28.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 126,550 126,550
AOFOffice, (Average) 17,702 17,702
CANCanopy 891 0
   145,143 144,252

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
MEZ1MEZZANINE-UNF2400.00 S.F.$17,3001
SPR1SPRINKLERS-WET144335.00 S.F.$103,9001
MEZ3PRTND OFFICE7720.00 S.F.$111,2001
A/CAIR CONDITION23442.00 UNITS$42,2001
LDL1LOAD LEVELERS15.00 UNITS$38,9001

Land
Land Use
Use Code4000
DescriptionINDUSTRIAL  
ZoneIND
NeighborhoodG
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)8.7
Frontage
Depth
Assessed Value$2,474,600
Appraised Value$2,474,600

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  120000.00 S.F.$144,0001
SGN1SIGN-1 SD W/M  72.00 S.F.&HGT$2,2001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$11,487,300$2,340,800$13,828,100
2024$10,226,500$2,340,800$12,567,300
2023$10,226,400$2,340,800$12,567,200

Assessment
Valuation YearImprovementsLandTotal
2025$11,487,300$2,340,800$13,828,100
2024$10,226,500$2,340,800$12,567,300
2023$10,226,400$2,340,800$12,567,200

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