Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    100 Apollo Dr Chelmsford, MA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Three-story office building with brick facade and ribbon windows.

    Type:OFFICE
    Property size:
    13,647 SF
    Lot size:
    9.18 Acres
    Added:
    Feb 10, 2023
    Days on Market:
    1176
    Last Refresh:
    Apr 5 at 9:14 pm

    Property Features for 100 Apollo Dr

    General Information

    Standard status
    Active
    Size
    13,647 SF
    Lot size
    9.18 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 100 Apollo Dr Contact us

    We can help!

    Listing Contact
    Blake Baldwin
    Blake Baldwin

    Listing agent Blake Baldwin

    Listing office Cushman & Wakefield | Boston

    Listing date Feb 10, 2023

    Source Moodyscre

    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 Cushman & Wakefield | Boston

    Overview

    Chelmsford Office Building For Rent

    This is a three-story office building featuring a brick facade with continuous tinted ribbon windows. The property offers 13,647 square feet of office space and is located in Chelmsford, MA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chelmsford
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3297
    Latitude
    42.5985

    Nearby Similar for Lease

    • Contact for pricing

      Bright Corner Office Suite

      Sun-filled office with flexible layout in well-maintained building.
      11 Summer St #2, Chelmsford, MA 01824
      View Details
    • Contact for pricing

      Bright Corner Office Suite

      Sun-filled office suite with flexible layout in Chelmsford, MA.
      11 Summer St 2, Chelmsford, MA 01824
      View Details
    • $1.00 SF/Yr

      Chelmsford Street Retail Space Available

      Retail space for lease in Chelmsford, Massachusetts.
      221 Chelmsford St, Chelmsford, MA 01824
      View Details
    • Contact for pricing

      Turn-Key Lab/Office Space Available

      24,080 SF lab/office space in Chelmsford, MA for lease.
      2 Omni Way, Chelmsford, MA 01824
      View Details
    • $1.00 SF/Yr

      Chelmsford Retail Space For Lease

      Commercial space available for lease on Chelmsford Street.
      221 Chelmsford Street, Chelmsford, MA 01824
      View Details
    • $450/Mo

      Chelmsford Office Space For Rent

      Office space available in Chelmsford, MA with utilities included.
      2 Meeting House Rd, Chelmsford, MA
      View Details
    • $700/Mo

      Furnished Offices in Chelmsford, MA

      Furnished offices for lease with shared conference room access.
      6 Courthouse Ln, Chelmsford, MA
      View Details
    • Contact for pricing

      Chelmsford Industrial Space For Lease

      4,732 SF industrial space in Chelmsford, MA, built in 1986.
      127 Riverneck Rd Ste 1, Chelmsford, MA 01824
      View Details
    • Contact for pricing

      Chelmsford Office Space for Lease

      Second-floor office suites available with utilities included in rent.
      14 Fletcher St, Chelmsford, MA
      View Details
    • Contact for pricing

      Chelmsford Commercial Space For Lease

      Commercial space available on Chelmsford Street in Chelmsford, MA.
      221 Chelmsford St, Chelmsford, MA
      View Details
    • Contact for pricing

      Flex/Light Manufacturing Space Available

      54,000 SF flex/manufacturing building with tailboard loading docks.
      7 Stuart Road, Chelmsford, MA 01824
      View Details
    • Contact for pricing

      Retail Space on Route 110

      Retail space for sublease with high visibility and parking.
      39 Chelmsford Street , chelmsford , MA,
      View Details

    FAQs

    What type of property is this?
    Office building - Three-story office building with brick facade and ribbon windows.
    Where is this office building located?
    The property is located at 100 Apollo Dr Chelmsford, MA.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: Three‑story office building; Eye‑catching brick facade; Continuous tinted ribbon windows
    (617) 330-6966 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Blake Baldwin
    Blake Baldwin
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    100 Apollo Dr, Chelmsford, MA

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!