Second-Floor Office
New
For Sale
Contact for pricing
10 Cedar St #24, Woburn, MA 01801
The suite has reception, two private rooms, open work area, and elevator access.
Property Size733 SF
Price / SF$2.39
Days on Market4
Property Features for 10 Cedar St #24
General Information
Standard status
Active
Size
733 SF
Elevators
Yes
Property subtype
Commercial
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Floor
Second Floor
Property Use
Office
Building Details
Year Built
1989
Listing Agency:
Brad Hutchinson Real Estate
Listed By:
John Bulman
(781) 665-2222
Source:
Lockandkeyre
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 1 at 3:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brad Hutchinson Real Estate
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Investment Insights
Based on property information with market context.
This 733-square-foot office unit occupies the second floor and has a front-facing position with large windows. Its layout includes a sitting area, reception, two treatment rooms or private offices, storage, and an open work area. The building dates to 1989 and offers elevator access and on-site parking.
The property is near I-93, I-95/Route 128, public transportation, the Woburn post office, shops, and restaurants.
The property is near I-93, I-95/Route 128, public transportation, the Woburn post office, shops, and restaurants.
Key Highlights
- 733‑square‑foot second‑floor office unit
- Front‑facing suite with large windows
- Layout includes a sitting area, reception, two treatment rooms or private offices, storage, and open workspace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,258
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,160
$465.2K
Cap Rate 7%
$332,257
$332.3K
Cap Rate 9%
$258,422
$258.4K
Market Conditions
NOI Build-Up for 733 SF
Gross rent
$39.8K $54.24/SF
− Vacancy
−$8.7K −$11.93/SF
EGI
$31.0K $42.31/SF
− OpEx
−$7.8K −$10.58/SF
NOI
$23.3K $31.73/SF
Area
Middlesex County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,160
Cap Rate 7%
$332,257
Cap Rate 9%
$258,422
Alternative Uses
Best Use
Office B
$332.3K
$290.7K – $387.6K
NOI $23,258 @ 7.0% cap · market cap 1,329.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$433.9K
$379.7K – $506.3K
NOI $30,375 @ 7.0% cap · market cap 1,735.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,784
Businesses Nearby
Explore this area
Business Placement
Demographics for 01801, MA
40,891
Population
16,982
Households
2.4
Avg Household Size
41
Median Age
47%
College-Educated
94%
High-School Grad
12.7 sq mi
ZIP Area
3,220
Density / Sq Mi
$107,754
Median Household Income
$60,637
Median Earnings
$2,190
Median Rent
$641,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The suite has reception, two private rooms, open work area, and elevator access.
Where is this office unit located?
The property is located at 10 Cedar St #24 Woburn, MA.
What are key features of this property?
This property features: 733‑square‑foot second‑floor office unit; Front‑facing suite with large windows; Layout includes a sitting area, reception, two treatment rooms or private offices, storage, and open workspace
