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    500 Innovation Dr Tewksbury, MA

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    For Lease
    Contact for pricing

    Spacious warehouse with high ceilings and modern workplace amenities.

    Property size:
    142,359 SF
    Lot size:
    70.92 Acres

    Property Features for 500 Innovation Dr

    General Information

    Size
    142,359 SF
    Lot size
    70.92 Acres

    Source: Newmark | Boston Agent Torin Taylor

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tewksbury Warehouse with Modern Amenities

    This industrial property in Tewksbury, Massachusetts, offers 142,359 square feet of warehouse and distribution space. The property features ceiling heights of 33 to 35 feet and column spacing of 30 feet by 30 feet. Electrical capacity includes 3000 amps at 480 volts, with 3-phase power. Loading and access are facilitated by six tailboard loading docks equipped with levelers, along with one drive-in door. The property also includes a fitness center, café, meeting rooms, grab-and-go options, a coffee bar, and outdoor dining areas.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Devon Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Tewksbury
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.234722
    Latitude
    42.610556

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    FAQs

    What type of property is this?
    Warehouse - Spacious warehouse with high ceilings and modern workplace amenities.
    Where is this warehouse located?
    The property is located at 500 Innovation Dr Tewksbury, MA.
    What are key features of this property?
    This property features: - 33'-35' clear height offers ample vertical storage space.; - 3000 amps, 480v, 3Phase power.; - Six tailboard loading docks with levelers for efficient operations.
    (617) 863-8090
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    500 Innovation Dr Tewksbury, MA
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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
    500 Innovation Dr Tewksbury, MA
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