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    114 Turnpike Rd Chelmsford, MA 01824

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    For Lease
    $16 SF/Yr ($9,866 /Mo)

    Subdividable office space with gym, convenient location, easy highway access.

    Property size:
    7,400 SF
    Lot size:
    1.89 Acres

    Property Features for 114 Turnpike Rd

    General Information

    Size
    7,400 SF
    Lot size
    1.89 Acres

    Source: Moore Real Estate Agent Derek Cotoni

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

    Overview

    Furnished Office Space with Gym

    Subdividable ground floor furnished office space is available for lease in Chelmsford, MA. The property benefits from easy highway access to Rte. 3 and I-495. It is located in close proximity to restaurants, banks, gyms and other amenities in Chelmsford Center. Suite 3 offers 5,600 square feet of space, featuring 9 private offices, a conference room, a break area with a kitchenette, and a large room currently set up as a gym. The total property size is 7,400 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chelmsford
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3304091
    Latitude
    42.5922102

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    FAQs

    What type of property is this?
    Office space - Subdividable office space with gym, convenient location, easy highway access.
    Where is this office space located?
    The property is located at 114 Turnpike Rd Chelmsford, MA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Subdividable ground floor office space.; - Furnished office space.; - **5,600 +/- SF Suite featuring 9 private offices, conference room, break area with kitchenette, and gym.**
    (978) 955-0624
    Request Owner's contact information
    114 Turnpike 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
    114 Turnpike Rd Chelmsford, MA 01824
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