254 Massachusetts Ave
Property Information
| Property Class |
HIGH-TECH |
| State Class Code |
406 |
| Zoning (Unofficial) |
SD-7 |
| Map/Lot |
68-47 |
| Land Area (sq. ft) |
143,680 |
Property Value
| Year of Assessment | 2025 |
|---|
| Tax District | C3 |
|---|
| Residential Exemption | No |
|---|
| Building Value | $379,051,400 |
|---|
| Land Value | $119,898,100 |
|---|
| Assessed Value | $498,949,500 |
|---|
| Sale Price | $235,429,000 |
|---|
| Book/Page | 1384/50 |
|---|
| Sale Date | May 19, 2010 |
|---|
| Previous Assessed Value | $512,228,500 |
|---|
Owner Information
| Owner(s) | NOVARTIS INSTITUTES FOR
BIOMEDICAL RESEARCH, INC.
PO BOX 56607
ATLANTA, GA 30343 |
|---|
Building Information
Commercial Building Number 1, Section 1
Exterior
| Style | LIFE SCI HI TECH |
|---|
| Occupancy |
HIGH-TECH |
| Number of Stories | 7 |
|---|
| Exterior Wall Type |
BRICK |
| Roof Material |
RUBBER-MEMBRAN |
| Wall Height |
14 |
| Partititions |
GOOD |
Interior
| Living Area (sq. ft.) | 494,876 |
|---|
| Number of Units |
1 |
Systems
| Heat Type | HOT/CHLD-WTR |
|---|
| Heat Fuel |
Gas |
| Plumbing |
GOOD |
Condition & Grade
| Year Built | 1926 |
|---|
| Overall Condition | Good |
|---|
| Overall Grade | Excellent |
|---|
Subareas
| Code |
Description |
Gross Area |
Living Area |
| BAS |
First Floor |
66,896 |
66,896 |
| F_4 |
Upper Finish 4 Stry |
1,722 |
6,888 |
| F_5 |
Upper Finish 5 Stry |
28,686 |
143,430 |
| F_6 |
Upper Finish 6 Stry |
35,568 |
213,408 |
| FBM |
Basement, Finished |
64,254 |
64,254 |
| FOP |
Porch, Open |
1,722 |
0 |
| Total: |
198,848 |
494,876 |
Extra Features / Outbuildings
| Description | ELEV-FREIGHT |
|---|
| Number of Units | 4.00 |
|---|
| Unit Type | U |
|---|
| Description | ELEV-PSNGR |
|---|
| Number of Units | 1.00 |
|---|
| Unit Type | U |
|---|
Commercial Building Number 2, Section 1
Exterior
| Style | R & D |
|---|
| Occupancy |
RES-&-DEV-FC |
| Number of Stories | 2 |
|---|
| Exterior Wall Type |
BRICK |
| Roof Material |
TAR-GRAVEL |
| Wall Height |
16 |
| Partititions |
GOOD |
Interior
| Living Area (sq. ft.) | 17,903 |
|---|
| Number of Units |
2 |
Systems
| Heat Type | HOT/CHLD-WTR |
|---|
| Heat Fuel |
Gas |
| Plumbing |
GOOD |
Condition & Grade
| Year Built | 1920 |
|---|
| Overall Condition | Excellent |
|---|
| Overall Grade | Good-v-good |
|---|
Subareas
| Code |
Description |
Gross Area |
Living Area |
| BAS |
First Floor |
7,738 |
7,738 |
| FUS |
Upper Story, Finished |
10,165 |
10,165 |
| Total: |
17,903 |
17,903 |
Commercial Building Number 3, Section 1
Exterior
| Style | PARKG-STRUCT |
|---|
| Occupancy |
PARKING-GAR |
| Number of Stories | 5 |
|---|
| Exterior Wall Type |
BRICK |
| Roof Material |
OTHER |
| Wall Height |
12 |
| Partititions |
AVERAGE |
Interior
| Living Area (sq. ft.) | |
|---|
| Number of Units |
383 |
Systems
| Heat Type | NONE |
|---|
| Heat Fuel |
|
| Plumbing |
NONE |
Condition & Grade
| Year Built | 2003 |
|---|
| Overall Condition | Excellent |
|---|
| Overall Grade | Good |
|---|
Subareas
| Code |
Description |
Gross Area |
Living Area |
| PS5 |
Parking Struct 5 Flrs |
17,760 |
0 |
| Total: |
17,760 |
0 |