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    116 Chelmsford St Chelmsford, MA 01824

    For Lease
    Contact for pricing

    Retail space available in a busy shopping center.

    Property size:
    2,689 SF
    Lot size:
    1.24 Acres

    Property Features for 116 Chelmsford St

    General Information

    Size
    2,689 SF
    Lot size
    1.24 Acres

    Source: American Commercial Real Estate Agent Dusty Burke

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

    Overview

    Retail Space in Primrose Plaza

    This 2,689 square foot retail space is located within Primrose Plaza, a 24,000 square foot shopping center. The property benefits from its location next to 110 Grill, White Nails Salon, and Berkshire Federal Bank, and is situated opposite a high-volume Dunkin Donuts. The shopping center has 96 parking spaces available. The location benefits from a traffic volume of over 25,000 average daily traffic.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Summer Street Crossing

    Location Insight

    • Map
    • Local Demand
    City
    Chelmsford
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3467734
    Latitude
    42.603005

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in a busy shopping center.
    Where is this shopping center located?
    The property is located at 116 Chelmsford St Chelmsford, MA.
    What are key features of this property?
    This property features: - High-traffic location with 25,000+ ADT; - Located in Primrose Plaza, a 24,000 SF shopping center; - Ample parking with 96 spaces
    (508) 735-6378
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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
    116 Chelmsford St Chelmsford, MA 01824
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