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50 TALBOT LANE
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Location
50 TALBOT LANE
Mblu
60/ 29/ 3/ /
Acct#
88900050
Owner
DOWE REALTY III LLC
Assessed Value
$11,197,800
Appraisal
$15,996,700
PID
10450
Building Count
1
Current Value
Appraisal
Valuation Year
Improvements
Land
Total
2025
$14,720,000
$1,276,700
$15,996,700
Assessment
Valuation Year
Improvements
Land
Total
2025
$10,304,100
$893,700
$11,197,800
Owner of Record
Owner
DOWE REALTY III LLC
Co-Owner
Address
400 1ST AVENUE
NEEDHAM, MA 02494
Sale Price
$31,600,000
Certificate
Book & Page
3058/346
Sale Date
07/05/2024
Instrument
21
Ownership History
Ownership History
Owner
Sale Price
Certificate
Book & Page
Instrument
Sale Date
DOWE REALTY III LLC
$31,600,000
3058/346
21
07/05/2024
NFP REAL ESTATE LLC
$13,000,000
2863/0253
13
05/03/2021
SURI REALTY LLC
$350,000
1218/0211
25
06/01/2001
Building Information
Building 1 : Section 1
Year Built:
2000
Living Area:
82,501
Replacement Cost:
$7,012,371
Building Percent Good:
91
Replacement Cost
Less Depreciation:
$6,381,300
Building Attributes
Field
Description
Style:
Industrial/Office
Model
Ind/Comm
Grade
B+
Stories:
1.00
Occupancy
1.00
Exterior Wall 1
Concr/Cinder
Exterior Wall 2
Pre-finsh Metl
Roof Structure
Flat
Roof Cover
Rolled
Interior Wall 1
Drywall
Interior Wall 2
Interior Floor 1
Concrete
Interior Floor 2
Comp Tile
Heating Fuel
Gas
Heating Type
Floor Furnace
% Central Air
75
Foundation
Poured Conc
Bldg Use
Industrial
Total Rooms
0
Total Bedrms
0
Total Fixtures
% Wet Sprinkler
67
% Dry Sprinkler
1st Floor Use
Heat/AC
HEAT/AC PKGS
Frame Type
STEEL
Baths/Plumbing
AVERAGE
% Finished
100
Class
S
Wall Height
30.00
Building Photo
Building Layout
Building Sub-Areas (sq ft)
Code
Description
Gross
Area
Living
Area
BAS
First Floor
68,956
68,956
AOF
Office
10,185
10,185
FUS
Finished Upper Story
3,360
3,360
82,501
82,501
Building 1 : Section 2
Year Built:
2018
Living Area:
70,746
Replacement Cost:
$7,570,954
Building Percent Good:
96
Replacement Cost
Less Depreciation:
$7,268,100
Building Attributes : Section 2 of 2
Field
Description
Style:
Food Processing
Model
Ind/Comm
Grade
A
Stories:
1.00
Occupancy
1.00
Exterior Wall 1
Pre-finsh Metl
Exterior Wall 2
Pre-finsh Metl
Roof Structure
Flat
Roof Cover
Asphalt
Interior Wall 1
Drywall
Interior Wall 2
Typical
Interior Floor 1
Concrete
Interior Floor 2
Comp Tile
Heating Fuel
Gas
Heating Type
Floor Furnace
% Central Air
75
Foundation
Poured Conc
Bldg Use
Industrial
Total Rooms
0
Total Bedrms
0
Total Fixtures
28
% Wet Sprinkler
100
% Dry Sprinkler
1st Floor Use
Heat/AC
HEAT/AC PKGS
Frame Type
FIREPRF STEEL
Baths/Plumbing
EXTENSIVE
% Finished
100
Class
S
Wall Height
30.00
Building Photo
Building Layout
Building Sub-Areas (sq ft)
Code
Description
Gross
Area
Living
Area
BAS
First Floor
53,150
53,150
AOF
Office
17,596
17,596
70,746
70,746
Extra Features
Extra Features
Code
Description
Size
Value
Bldg #
MEZ2
Finished
1000.00 S.F.
$10,900
1
SPR1
Sprinklers-Wet
54904.00 S.F.
$40,000
1
CLR2
Freezer Temps
11750.00 S.F.
$246,800
1
CLR2
Freezer Temps
17885.00 S.F.
$480,700
1
SPR1
Sprinklers-Wet
70189.00 S.F.
$53,900
1
CLR1
Cooler
5800.00 S.F.
$111,400
1
ELV2
Elevator Frght
2.00 STOPS
$37,900
1
Land
Land Use
Use Code
301
Description
Industrial
Zone
I
Neighborhood
C400
Alt Land Appr
No
Category
Land Line Valuation
Size (Acres)
19.85
Frontage
0
Depth
0
Total Market Land
$893,700
Appraised Value
$1,276,700
Outbuildings
Outbuildings
Code
Description
Sub Code
Sub Description
Size
Value
Bldg #
PAV1
Paving
AS
Asphalt
57000.00 S.F.
$64,100
1
FN1
Fence
4000.00 L.F.
$18,000
1
LT2
W/Double Light
5.00 UNITS
$4,100
1
LT1
Lights
2.00 UNITS
$1,000
1
SHD1
Shed
FR
Frame
240.00 S.F.
$1,800
1
Valuation History
Appraisal
Valuation Year
Improvements
Land
Total
2025
$14,720,000
$1,276,700
$15,996,700
2024
$14,720,000
$1,276,700
$15,996,700
2023
$14,682,100
$1,276,700
$15,958,800
Assessment
Valuation Year
Improvements
Land
Total
2025
$10,304,100
$893,700
$11,197,800
2024
$10,304,100
$893,700
$11,197,800
2023
$10,277,600
$893,700
$11,171,300
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