Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    300 Ballardvale St Wilmington, MA 01887

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    First-class office, flex/R&D space in Wilmington, Massachusetts.

    Property size:
    7,786 SF
    Lot size:
    7,786 SF

    Property Features for 300 Ballardvale St

    General Information

    Standard status
    Active
    Size
    7,786 SF

    We can help!

    Listing Contact
    Brian Mckenzie
    Source: Cbre

    Listing Agent: Brian Mckenzie

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

    Learn more

    Overview

    Wilmington Flex / R&D Space

    Located at 300 Ballardvale Street in Wilmington, Massachusetts, this property offers 7,786 square feet of space for lease. The property features 110,000 square feet of first-class office and flex/R&D space. It includes dramatic two-story atrium lobbies, upgraded common areas, extensive window lines, and efficient floor plates. On-site amenities and plentiful parking are available. A new on-site fitness center with shower and locker facilities, a new on-site grab-and-go food and beverage service, and a dining/collaboration area are present. There is also a new outdoor patio and seating area. The property is centrally located along I-93, providing easy access to a highly skilled labor force stretching from Boston to Southern New Hampshire. Numerous restaurants, retail establishments, and hotels are located nearby.
    Location Intelligence

    Current Use by Public Records

    Quiet Logistics Warehouse & Storage FedEx Drop Box Postal Service AVI Systems IT Consulting Firm BAYADA Home Health Home Health Care Service

    Suggested Use

    Law Firm Building Supply Auto Repair Shop Big Box & Wholesale Store Pharmacy Gym & Fitness Center Department Store Kitchen & Bath Showroom Food Market Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1629581
    Latitude
    42.6034899

    Nearby Similar for Lease

    • Contact for pricing
      56,000 SF

      Wilmington Flex/Manufacturing/Lab Space

      125,597 SF flex/manufacturing/lab space near I-93.
      301 Ballardvale St, Wilmington, MA 01887
      View Details
    • Contact for pricing

      Restaurant Ready Commercial Building

      Freestanding 744 SF commercial building, formerly a fast-food restaurant.
      433 Main St, Wilmington, MA 01867
      View Details
    • $5,250 /Mo
      2,500 SF

      Renovated Office/Light Manufacturing Space

      First floor, renovated space suitable for office or light manufacturing.
      760 Main St, Wilmington, MA 01887
      View Details
    • Contact for pricing
      18,282 SF

      Wilmington Flex/Industrial Space Available

      Flex/Industrial space available for lease in Wilmington, Massachusetts.
      600 Research Dr, Wilmington, MA 01887
      View Details
    • Contact for pricing
      11,815 SF

      Wilmington Flex/Industrial Space Available

      Flex and industrial space available for lease in Wilmington.
      800 Research Dr, Wilmington, MA 01887
      View Details
    • Contact for pricing
      25,314 SF

      Industrial Warehouse Space Available

      25,314 square foot warehouse space for lease.
      234 Ballardvale St, Wilmington, MA 01887
      View Details
    • Contact for pricing
      28,000 SF

      Furnished Flex/Office Space Available

      Fully furnished flex/office space with modern amenities and ample parking.
      205 Lowell St, Wilmington, MA 01887
      View Details
    • Contact for pricing
      50,000 SF

      Single-Story Office/R&D Building For Rent

      Single-story office/R&D building with clean rooms and cafeteria.
      110 Fordham Rd, Wilmington, MA 01887
      View Details
    • Contact for pricing
      3,119 SF

      Office Space in Wilmington, MA

      Office space available for rent in Wilmington, Massachusetts.
      60 Concord St, Wilmington, MA 01887
      View Details
    • Contact for pricing

      Retail Space at Signalized Intersection

      Retail opportunity in new development with high traffic count.
      208 Main St, Wilmington, MA 01887
      View Details
    • Contact for pricing
      40,000 SF

      Wilmington Warehouse/Distribution Space Available

      40,332 SF warehouse/distribution space with 2,000 SF office.
      1 Cornell Pl, Wilmington, MA 01887
      View Details

    FAQs

    What type of property is this?
    Flex space - First-class office, flex/R&D space in Wilmington, Massachusetts.
    Where is this flex space located?
    The property is located at 300 Ballardvale St Wilmington, MA.
    What are key features of this property?
    This property features: - 110,000 SF of **first-class office, flex/R&D space**.; - Centrally located along I-93 with access to a skilled labor force.; - **New on-site fitness center with shower/locker facilities**.
    (617) 439-7813
    Request Owner's contact information
    300 Ballardvale St Wilmington, MA 01887
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    300 Ballardvale St
    Wilmington, MA 01887
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    300 Ballardvale St Wilmington, MA 01887
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Brian Mckenzie
    (617) 439-7813
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!