199 RIVERNECK RD
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Location
199 RIVERNECK RD
Mblu
64/ 275/ 4/ /
Acct#
4822
Owner
199 RIVERNECK OWNER LLC
Total Market Value
$6,057,100
PID
5114
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$4,551,000$1,506,100$6,057,100

Parcel Addresses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
Owner199 RIVERNECK OWNER LLC
Co-Owner
Care OfC/O RHINIO CAPITAL ADVISORS LLC
Address2 INTERNATIONAL PL SUITE 2410

BOSTON, MA 02110
Sale Price$5,280,000
Certificate
Book & Page 39325/160
Sale Date06/18/2025
Instrument1U

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
199 RIVERNECK OWNER LLC$5,280,000 39325/1601U06/18/2025
RIVERNECK OWNER LLC$3,285,000 38928/761U11/27/2024
DIV RIVERNECK LLC$15,000,000 45296/2291V04/02/2021
CHELMSFORD PROPERTIES LLC$5,200,000 LCD 294588/01V12/15/2017
199 & 201 RIVERNECK RD HOLDINGS LLC$4,100,000 31536/00011L10/06/2017

Building Information
Building 1 : Section 1
Year Built: 1985
Living Area: 95,760
Replacement Cost: $11,915,608
Building Percent Good: 37
Replacement Cost
Less Depreciation:

$4,408,800
Building Attributes
FieldDescription
Style:Research/Devel
ModelIndustrial
GradeAverage +10
Stories:2
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel Rubber
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseR-D FACIL MDL-96
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:4040
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingABOVE AVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 47,880 47,880
FUSUpper Story, Finished 47,880 47,880
   95,760 95,760

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR2WET/CONCEALED95760.00 S.F.$27,4001
LDL1LOAD LEVELERS3.00 UNITS$2,3001
ELEVELEVATOR2.00 UNITS$25,6001

Land
Land Use
Use Code4040
DescriptionR-D FACIL MDL-96  
ZoneIA
Neighborhood600
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)6.4
Depth0
Total Market Land$1,506,100

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  97600.00 S.F.$65,9001
SGN1SIGN-1 SD W/M  28.00 S.F.&HGT$5001
LT1LIGHTS-IN W/PL  19.00 UNITS$9,8001
LT2W/DOUBLE LIGHT  12.00 UNITS$9,9001
PAT1PATIO-AVG  644.00 S.F.$8001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$4,551,000$1,506,100$6,057,100
2025$4,529,800$1,420,200$5,950,000
2024$4,529,800$1,420,200$5,950,000

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