1 NICHOLAS RD
 Sales  Print  Map It


Location
1 NICHOLAS RD
Mblu
040/ 24/ 5216/ /
Acct#
8265
Owner
PINEFIELD PLAZA LLC
PBN
Total Market Value
$4,633,400
Appraisal
$4,633,400
PID
8265
Building Count
2
Current Value
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$3,217,400$48,400$417,200$950,400$4,633,400
Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$3,217,400$48,400$417,200$950,400$4,633,400

Owner of Record
OwnerPINEFIELD PLAZA LLC
Co-Owner
Address110 HARTWELL AVE, SUITE 300
LEXINGTON , MA 02421
Sale Price$6,450,000
Certificate285681
Book & Page 01620/0191
Sale Date11/07/2024
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
PINEFIELD PLAZA LLC$6,450,00028568101620/01911V11/07/2024
ARONOVITZ, RICHARD $800,000201952201952/00021Y04/20/1995

Building Information
Building 1 : Section 1
Year Built: 1955
Living Area: 40,500
Replacement Cost: $5,330,593
Building Percent Good: 51
Replacement Cost
Less Depreciation:
$2,718,600
Building Attributes
FieldDescription
TypeStrip Plaza
ModelCommercial
GradeFair
Stories1
Exterior Wall 1Conc Block
Exterior Wall 2Brick
Roof StructureFlat
Roof CoverMembrane
Int Wall 1Drywall
Int Wall 2 
Int Floor 1Asphl Tile
Int Floor 2Commercial Carpet
Heat FuelGas
Heat TypeForced H/A
AC Percent100
Total Rooms0
Bedrooms0
Full Baths0
Half Baths14
FrameSteel
Plumbing 
PartitionTypical
Wall Height12.00
% Comn Wall0.00
Fireplace(s)0
Add Kit RatingNone
Fireplace RatingAverage
Kitchen RatingAverage
WS Flue RatingAverage
% Sprinkler100
ElectricTypical
WS Flues0
Heat Type 2 
Half Bath RatingAverage
Living Units11
Total # Units12
InsulationTypical
Full Bath RatingNone
Kitchens1
Extra Kitchens0
Bsmt Garage0
FoundationSlab
Color 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASBase Floor 40,500 40,500
CANCanopy 4,478 0
   44,978 40,500
Building 2 : Section 1
Year Built: 2019
Living Area: 1,800
Replacement Cost: $525,043
Building Percent Good: 95
Replacement Cost
Less Depreciation:
$498,800
Building Attributes : Bldg 2 of 2
FieldDescription
TypeRestaurant
ModelCommercial
GradeAverage
Stories1
Exterior Wall 1Brick Venr
Exterior Wall 2Fibcembrd
Roof StructureFlat
Roof CoverMembrane
Int Wall 1Drywall
Int Wall 2 
Int Floor 1Ceramic Tl
Int Floor 2Finished Concrete
Heat FuelGas
Heat TypeForced H/A
AC Percent100
Total Rooms0
Bedrooms0
Full Baths0
Half Baths2
FrameWood
Plumbing 
PartitionTypical
Wall Height12.00
% Comn Wall0.00
Fireplace(s)0
Add Kit RatingNone
Fireplace RatingAverage
Kitchen RatingGood
WS Flue RatingAverage
% Sprinkler100
ElectricTypical
WS Flues0
Heat Type 2 
Half Bath RatingVery Good
Living Units1
Total # Units12
InsulationTypical
Full Bath RatingNone
Kitchens1
Extra Kitchens0
Bsmt Garage0
FoundationSlab
Color 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASBase Floor 1,800 1,800
PTOPatio 600 0
USTUnfinished Storage 240 0
   2,640 1,800

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
CLR2COMM FREEZER64.00 S.F.$20,1002
FZFreezer64.00 S.F.$20,1002
CLR1COMM COOLER64.00 S.F.$8,2001
SLRSolar 844.00 UNITS$01

Land
Land Use
Use Code323C
DescriptionSH-CNTR/MALL  
ZoneB2
Neighborhood200
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)2.26
Frontage
Depth
Total Market Land$950,400
Appraised Value$950,400

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
LT5MERC VAPOR LIGHTS  1.00 UNITS$3,0001
PAV1PAVEMENT-ASPHALT  200000.00 S.F.$390,0001
SG1Sign Interior Lighting  28.00 S.F.$3,0002
SGN3SIGN W/INT LIGHTS  48.00 S.F.$4,3001
LT1Light Single  2.00 UNITS$8,1002
LT2Light Double  1.00 UNITS$4,5002
LT3Triple Light  2.00 UNITS$2,6001
BNStg Bunker  240.00 S.F.$1,7002
Valuation History
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$3,086,100$48,400$417,200$908,400$4,460,100
2024$2,601,000$0$198,200$943,900$3,743,100
2023$2,550,400$0$198,200$867,900$3,616,500
2022$2,423,100$0$177,700$798,900$3,399,700

Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$3,086,100$48,400$417,200$908,400$4,460,100
2024$2,601,000$0$198,200$943,900$3,743,100
2023$2,550,400$0$198,200$867,900$3,616,500
2022$2,423,100$0$177,700$798,900$3,399,700

All locations identified on Google, Yahoo, and Bing maps are approximate and may not be exact


Go To Google Maps

Go To Microsoft Bing Maps