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    229 Billerica Rd Chelmsford, MA 01824

    Sponsored
    For Sale
    $2,900,000

    Large Office & Garage Space - Excellent Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 229 Billerica Road in Chelmsford, Massachusetts, presents a significant investment opportunity. The property encompasses a substantial 3.2-acre lot, offering ample space and potential for future development or expansion. The main structure is a 15,000 square foot office building, providing generous space for a variety of business needs. In addition to the office space, the property includes a significant 7,400 square foot garage, ideal for storage, vehicle parking, or potential conversion to additional workspace. The building's layout and features are well-suited for a range of commercial uses, making it an attractive option for businesses seeking a prominent presence in Chelmsford. The property's location offers excellent accessibility and visibility, providing convenient access to major transportation routes and a thriving local community. The asking price for this substantial property is $2,900,000. This represents a compelling opportunity to acquire a well-situated, versatile commercial property with significant potential for return on investment. Serious inquiries are encouraged to explore this unique opportunity further. The property is offered as-is.

    Property Features for 229 Billerica Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    139,392 SF

    Building Details

    Year Built
    1986
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Clothing Store Building Supply Skin Care Clinic Pharmacy Accounting Firm Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chelmsford
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3252
    Latitude
    42.59657

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    FAQs

    What type of property is this?
    Commercial real estate - Large Office & Garage Space - Excellent Location
    Where is this commercial real estate located?
    The property is located at 229 Billerica Rd Chelmsford, MA.
    What is the asking price?
    The asking price for this property is $2,900,000.
    (508) 925-7477
    Request Owner's contact information
    229 Billerica Rd Chelmsford, MA 01824
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    Chelmsford, MA 01824
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    Realmo Value Estimation

    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.

    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.

    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
    229 Billerica Rd Chelmsford, MA 01824
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