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    206 Ballardvale St Wilmington, MA 01887

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    For Lease
    Contact for pricing

    New retail development near Route 125 and a Target store.

    Property size:
    6,000 SF
    Lot size:
    1.86 Acres

    Property Features for 206 Ballardvale St

    General Information

    Size
    6,000 SF
    Lot size
    1.86 Acres

    Source: Boylston Realty Advisors Agent Paul Kneeland

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

    Overview

    Retail Space Near Target Store

    Available for lease is retail space ranging from 1,600 to 6,000 square feet within a new 13,887 square foot retail development. The property is ideally located directly off Route 125 in Wilmington, at exit 41 from I-93. This development is positioned as a pad site to a new 138,500 square foot Target store. Adjacent to the site is a 340,000 square foot office building, which houses Osram Sylvania’s new regional 125,000 square foot headquarters. The development is intended to serve the office and industrial business population in the immediate area, as well as the middle to high income communities of Andover, Wilmington, Reading, North Andover, North Reading, and Tewksbury. The median household income in the area is $99,943, with a current average household income of $121,230. Over 100,000 people reside within a five-mile radius of the site.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dunkin' Coffee Shop New England Dental ... Dentist Subway Sandwich Shop Quick Mart and Krispy ... Fried Chicken Takeaway Pizza Days Pizza Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1582823
    Latitude
    42.589048

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    FAQs

    What type of property is this?
    Retail space - New retail development near Route 125 and a Target store.
    Where is this retail space located?
    The property is located at 206 Ballardvale St Wilmington, MA.
    What are key features of this property?
    This property features: - Located directly off Route 125 at exit 41 from I-93.; - Pad site to a new 138,500 square foot Target store.; - Located next to a 340,000 square foot office building, home to Osram Sylvania's regional headquarters.
    (978) 857-1891
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    206 Ballardvale St Wilmington, MA 01887
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    Wilmington, MA 01887
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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
    206 Ballardvale St Wilmington, MA 01887
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