40 PEPES FARM RD
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Location
40 PEPES FARM RD
Mblu
68/ 711/ 17A/B /
Acct#
003076
Owner
STAG INDUSTRIAL HOLDINGS LLC
Assessment
$8,879,650
Appraisal
$12,685,210
PID
16008
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$10,618,490$2,066,720$12,685,210
Assessment
Valuation YearImprovementsLandTotal
2025$7,432,950$1,446,700$8,879,650

Owner of Record
OwnerSTAG INDUSTRIAL HOLDINGS LLC
Co-Owner
AddressONE FEDERAL ST 23RD FL
BOSTON, MA 02210
Sale Price$13,250,000
Certificate
Book & Page 03723/0279
Sale Date03/02/2017
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
STAG INDUSTRIAL HOLDINGS LLC$13,250,000 03723/02790003/02/2017
CPI 40 PEPES FARM LLC$6,600,000 03609/02850012/03/2014
SREF PEPE LLC$14,560,000 03122/02820010/20/2006
PEPES FARM LLC$12,400,000 02977/06780004/20/2005
CABOT ACQUISITION LLC$0 02607/0643 08/12/2002

Building Information
Building 1 : Section 1
Year Built: 1981
Living Area: 199,680
Building Attributes
FieldDescription
Style:Warehouse
ModelIndustrial
GradeGOOD
Stories:1
Occupancy1.00
Exterior Wall 1Brick/Stn Vene
Exterior Wall 2Aluminum Sidng
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2Drywall/Sheet
Interior Floor 1Concr-Finished
Interior Floor 2Carpet
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeXF Per Sq Ft
Bldg UseIND WHSES MDL-96
Total Rooms 
Total Bedrms00
Total Baths2
Bath Desc.2-Full
1st Floor Use:4010
Heat/ACHEAT/AC SPLIT
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallCEILING ONLY
Rooms/PrtnsAVERAGE
Wall Height30.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 190,563 190,563
AOFOffice, (Average) 9,117 9,117
   199,680 199,680

Extra Features
Extra Features
CodeDescriptionSizeValueAssessed Value
LDL1LOAD LEVELERS18.00 UNITS$106,070$74,250
SPR1SPRINKLERS-WET199680.00 S.F.$298,320$208,820
A/CAIR CONDITION9117.00 UNITS$22,700$15,890

Land
Land Use
Use Code4010
DescriptionIND WHSES MDL-96  
ZoneLI
Land Line Valuation
Size (Acres)14.56
Total Market Land$1,446,700
Appraised Value$2,066,720

Outbuildings
Outbuildings
CodeDescriptionSizeValueAssessed Value
PAV1PAVING-ASPHALT134500.00 S.F.$201,750$141,230
FN3FENCE-6' CHAIN340.00 L.F.$2,830$1,980
LT1LIGHTS-IN W/PL15.00 UNITS$14,250$9,980
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$10,618,490$2,066,720$12,685,210
2024$10,618,490$2,066,720$12,685,210
2024$10,618,490$2,066,720$12,685,210

Assessment
Valuation YearImprovementsLandTotal
2025$7,432,950$1,446,700$8,879,650
2024$7,432,950$1,446,700$8,879,650
2024$7,432,950$1,446,700$8,879,650

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