420 NEWBURYPORT TPKE
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Location
420 NEWBURYPORT TPKE
Mblu
18/ 3/ / /
Acct#
Owner
PPF INDUSTRIAL 420-428 NEWBURYPORT
Assessment
$12,230,600
Appraisal
$12,230,600
PID
1303
Building Count
3
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$7,382,000$4,848,600$12,230,600
Assessment
Valuation YearImprovementsLandTotal
2026$7,382,000$4,848,600$12,230,600

Parcel Addreses
Additional Addresses
AddressCity, State ZipType
420-428 NEWBURYPORT TNPK ROWLEY, MA 01969Secondary

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$1 20670/02731B04/25/2003
TRS 420 NEWBURYPORT TNPK REALTY$0 14914/05981A06/29/1998
TRS MKB REALTY TRUST$425,000 14587/04651R02/12/1998
LEO EDWARD F$0 14490/0225 11/11/1997

Building Information
Building 1 : Section 1
Year Built: 1998
Living Area: 55,946
Building Percent Good: 66
Replacement Cost
Less Depreciation:
$3,382,800
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 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeNone
Struct Class 
Bldg UseFACTORY
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:4000
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height24.00
% Comn Wall0.00
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 48,746 48,746
AOFOffice, (Average) 7,200 7,200
   55,946 55,946
Building 2 : Section 1
Year Built: 2001
Living Area: 24,000
Building Percent Good: 66
Replacement Cost
Less Depreciation:
$1,362,100
Building Attributes : Bldg 2 of 3
FieldDescription
Style:Light Indust
ModelIndustrial
GradeAverage +20
Stories:1
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureFlat
Roof CoverMetal/Tin
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 Bedrms00
Total Baths0
1st Floor Use:4000
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallNONE
Rooms/PrtnsLIGHT
Wall Height24.00
% Comn Wall0.00
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 23,655 23,655
AOFOffice, (Average) 345 345
   24,000 24,000
Building 3 : Section 1
Year Built: 2007
Living Area: 37,800
Building Percent Good: 76
Replacement Cost
Less Depreciation:
$2,412,400
Building Attributes : Bldg 3 of 3
FieldDescription
Style:Light Indust
ModelIndustrial
GradeAverage +20
Stories:1
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureFlat
Roof CoverMetal/Tin
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/WallNONE
Rooms/PrtnsLIGHT
Wall Height24.00
% Comn Wall0.00
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 37,455 37,455
AOFOffice, (Average) 345 345
   37,800 37,800

Extra Features
Extra Features
CodeDescriptionSizeValueAssessed ValueBldg #
SPR1SPRINKLERS-WET37800.00 S.F.$23,000$23,0003
SPR1SPRINKLERS-WET24000.00 S.F.$12,700$12,7002
SPR1SPRINKLERS-WET60626.00 S.F.$32,000$32,0001
MEZ3W/PARTITIONS7200.00 S.F.$85,500$85,5001
LDL2W/MAN FLIP OUT1.00 UNITS$600$6001

Land
Land Use
Use Code4022
DescriptionIND BLDG  
ZoneBLI
Neighborhood200
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)20.5
Frontage0
Depth0
Assessed Value$4,848,600
Appraised Value$4,848,600

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueAssessed ValueBldg #
PAV1PAVING-ASPHALT  10000.00 S.F.$8,100$8,1002
PAV1PAVING-ASPHALT  20000.00 S.F.$16,200$16,2003
PAV1PAVING-ASPHALT  40000.00 S.F.$27,000$27,0001
SGN2DOUBLE SIDED  38.00 S.F.&HGT$1,000$1,0001
LT11W/TRIPLE LIGHT  3.00 UNITS$7,800$7,8001
LT10W/DOUBLE LIGHT  4.00 UNITS$7,600$7,6001
SGN1SIGN-1 SD W/M  24.00 S.F.&HGT$500$5001
FN3FENCE-6' CHAIN  126.00 L.F.$1,000$1,0001
PAT2PATIO-GOOD  386.00 S.F.$1,700$1,7002
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$6,975,600$4,618,100$11,593,700
2024$7,095,200$3,492,900$10,588,100
2023$6,796,400$3,259,400$10,055,800

Assessment
Valuation YearImprovementsLandTotal
2025$6,975,600$4,618,100$11,593,700
2024$7,095,200$3,492,900$10,588,100
2023$6,796,400$3,259,400$10,055,800

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