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Windowed Coworking Offices
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121 Brick Kiln Road # 207, Chelmsford, MA 01824

Private windowed offices with elevator access, shared conference rooms, and a first-floor break area.

Property Size132 SF
Price / SF$4.73
Days on Market53

Property Features for 121 Brick Kiln Road # 207

General Information

Standard status Active
Size 132 SF
Elevators Yes
Property subtype Commercial
Zoning IA

Additional Details

Floor 2
Highway Access Yes

Taxes and HOA fees

Annual Taxes $1.00

Amenities

shared conference rooms
break area

Building Details

Building Size 132 SF
Year Built 1988
Listing Agency: Moore Real Estate
Listed By: Derek Cotoni
Source: Churchillprop
Added: Sep 7 Changed: Oct 25 Last Checked: Oct 28 at 5:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Moore Real Estate

Rey
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Investment Insights

Based on property information with market context.

This coworking property offers individual private offices with windows on the second floor of a 1988 commercial building. Elevator service provides access to the office level, while shared conference rooms are located on the same floor and a break area is available on the first floor. The property carries IA zoning.

Located at 121 Brick Kiln Road in Chelmsford, the building is approximately 0.5 miles from Route 3 and 2 miles from I-495. The office setting includes shared amenities and building-related expenses are included with the rent; occupants are responsible for their own phone and internet service.

Key Highlights

  • Individual private offices with windows
  • Second‑floor offices with elevator access
  • Shared conference rooms on the second floor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$4,188
Suggested Prices Based on Cap Rates
Cap Rate 5%
$83,760 $83.8K
Cap Rate 7%
$59,829 $59.8K
Cap Rate 9%
$46,533 $46.5K
Market Conditions
NOI Build-Up for 132 SF
Gross rent
$7.2K $54.24/SF
− Vacancy
−$1.6K −$11.93/SF
EGI
$5.6K $42.31/SF
− OpEx
−$1.4K −$10.58/SF
NOI
$4.2K $31.73/SF
Area
Middlesex County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$83,760
Cap Rate 7%
$59,829
Cap Rate 9%
$46,533

Alternative Uses

Best Use
Office B
$59.8K
$52.4K – $69.8K (±1% cap)
NOI $4,188 @ 7.0% cap · market cap 670.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$78.1K
$68.4K – $91.2K (±1% cap)
NOI $5,470 @ 7.0% cap · market cap 875.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Coworking space

Suggested Use

Top Pick Auto Repair Shop Dental Office Hair Salon Spa & Massage Center Storage Facility Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby

Demographics for 01824, MA

26,881
Population
10,301
Households
2.6
Avg Household Size
44
Median Age
57%
College-Educated
96%
High-School Grad
18.1 sq mi
ZIP Area
1,485
Density / Sq Mi
$141,337
Median Household Income
$75,753
Median Earnings
$2,076
Median Rent
$590,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Coworking space - Private windowed offices with elevator access, shared conference rooms, and a first-floor break area.
Where is this coworking space located?
The property is located at 121 Brick Kiln Road # 207 Chelmsford, MA.
What are key features of this property?
This property features: Individual private offices with windows; Second‑floor offices with elevator access; Shared conference rooms on the second floor
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Includes: Price & PSF · Cap rate · Location · Zoning

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