428 NEWBURYPORT TPKE
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Location
428 NEWBURYPORT TPKE
Mblu
18/ 3/ 1/ /
Acct#
Owner
PPF INDUSTRIAL 420-428 NEWBURYPORT
Assessment
$19,064,800
Appraisal
$19,064,800
PID
102078
Building Count
4
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$16,154,400$2,910,400$19,064,800
Assessment
Valuation YearImprovementsLandTotal
2026$16,154,400$2,910,400$19,064,800

Parcel Addreses
Additional Addresses

No Additional Addresses available for this parcel


Owner of Record
OwnerPPF INDUSTRIAL 420-428 NEWBURYPORT
Co-OwnerC/O SEYON MANAGEMENT
Address535 BOYLSTON ST FLOOR 11
BOSTON, MA 02116
Sale Price$54,000,000
Certificate
Book & Page 41204/4
Sale Date09/21/2022
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
PPF INDUSTRIAL 420-428 NEWBURYPORT$54,000,000 41204/41V09/21/2022
420 NEWBURYPORT TNPK LLC$355,000 21834/01211B09/26/2003
420 NEWBURYPORT TNPK LLC$1 20670/02731B04/25/2003
TRS 460 NEWBURYPORT TNPK REALTY$295,000 19839/01061G12/18/2002
TRS 420 NEWBURYPORT TNPK REALTY$0 14914/05981A06/29/1998

Building Information
Building 1 : Section 1
Year Built: 2008
Living Area: 86,812
Building Percent Good: 76
Replacement Cost
Less Depreciation:
$6,771,000
Building Attributes
FieldDescription
Style:Light Indust
ModelIndustrial
GradeAverage +20
Stories:1
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2Glass/Thermo.
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 TypeNone
Struct Class 
Bldg UseFACTORY
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use: 
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsLIGHT
Wall Height24.00
% Comn Wall0.00
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 58,300 58,300
AOFOffice, (Average) 28,512 28,512
FOPPorch, Open, Finished 144 0
   86,956 86,812
Building 2 : Section 1
Year Built: 2010
Living Area: 31,745
Building Percent Good: 80
Replacement Cost
Less Depreciation:
$2,648,700
Building Attributes : Bldg 2 of 4
FieldDescription
Style:Light Indust
ModelIndustrial
GradeAverage +20
Stories:1
Occupancy2.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2Glass/Thermo.
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 TypeNone
Struct Class 
Bldg UseFACTORY
Total Rooms00
Total Bedrms00
Total Baths00
1st Floor Use: 
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsLIGHT
Wall Height24.00
% Comn Wall0.00
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 21,658 21,658
AOFOffice, (Average) 10,087 10,087
   31,745 31,745
Building 3 : Section 1
Year Built: 2013
Living Area: 29,908
Building Percent Good: 82
Replacement Cost
Less Depreciation:
$2,737,100
Building Attributes : Bldg 3 of 4
FieldDescription
Style:Light Indust
ModelIndustrial
GradeAverage +20
Stories:1
Occupancy2.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2Glass/Thermo.
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2Minim/Masonry
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeNone
Struct Class 
Bldg UseFACTORY
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsABOVE AVERAGE
Wall Height24.00
% Comn Wall0.00
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 17,500 17,500
AOFOffice, (Average) 12,408 12,408
CLPLoading Platform, Finished 714 0
   30,622 29,908
Building 4 : Section 1
Year Built: 2019
Living Area: 40,533
Building Percent Good: 88
Replacement Cost
Less Depreciation:
$3,041,000
Building Attributes : Bldg 4 of 4
FieldDescription
Style:Light Indust
ModelIndustrial
GradeAverage +20
Stories:1
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2Glass/Thermo.
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeNone
Struct Class 
Bldg UseFACTORY
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsLIGHT
Wall Height24.00
% Comn Wall 
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 40,533 40,533
   40,533 40,533

Extra Features
Extra Features
CodeDescriptionSizeValueAssessed ValueBldg #
MEZ3W/PARTITIONS6247.00 S.F.$90,000$90,0002
SPR1SPRINKLERS-WET29908.00 S.F.$19,600$19,6003
SPR1SPRINKLERS-WET31745.00 S.F.$20,300$20,3002
SPR1SPRINKLERS-WET86812.00 S.F.$52,800$52,8001
LDL2W/MAN FLIP OUT2.00 UNITS$1,400$1,4001
MEZ1MEZZANINE-UNF6247.00 S.F.$40,000$40,0002
A/CAIR CONDITIONING28800.00 S.F.$43,800$43,8001
A/CAIR CONDITIONING29908.00 S.F.$49,000$49,0003
MSC8ELEVATOR 2 STOPS2.00 UNIT$232,000$232,0002
A/CAIR CONDITIONING18742.00 S.F.$30,000$30,0002
LDL2W/MAN FLIP OUT3.00 UNITS$2,200$2,2002
SPR1SPRINKLERS-WET40533.00 S.F.$28,500$28,5004
A/CAIR CONDITIONING40533.00 S.F.$71,300$71,3004
LDL1LOAD LEVELERS2.00 UNITS$4,800$4,8003
MEZ1MEZZANINE-UNF15218.00 S.F.$107,100$107,1004

Land
Land Use
Use Code4022
DescriptionIND BLDG  
ZoneBLI
Neighborhood200
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)27.8
Frontage
Depth
Assessed Value$2,910,400
Appraised Value$2,910,400

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueAssessed ValueBldg #
PAV1PAVING-ASPHALT  20000.00 S.F.$13,500$13,5003
PAV1PAVING-ASPHALT  72000.00 S.F.$48,600$48,6001
LT11W/TRIPLE LIGHT  3.00 UNITS$6,500$6,5003
LT1LIGHTS-IN W/PL  6.00 UNITS$3,100$3,1001
MSC18LARGE GENERATOR  1.00 UNIT$27,000$27,0003
LT11W/TRIPLE LIGHT  6.00 UNITS$13,100$13,1001
PAV1PAVING-ASPHALT  25000.00 S.F.$16,900$16,9002
SGN2DOUBLE SIDED  40.00 S.F.&HGT$1,300$1,3001
LT10W/DOUBLE LIGHT  6.00 UNITS$9,500$9,5001
PAV1PAVING-ASPHALT  30000.00 S.F.$24,300$24,3004
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$15,534,400$2,772,500$18,306,900
2024$15,603,500$2,187,900$17,791,400
2023$14,987,800$1,989,100$16,976,900

Assessment
Valuation YearImprovementsLandTotal
2025$15,534,400$2,772,500$18,306,900
2024$15,603,500$2,187,900$17,791,400
2023$14,987,800$1,989,100$16,976,900

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