Elevator-Served Flex
14 Fordham Road, Boston, MA 02134
For Sale
New
Contact for pricing
The second-floor suite offers a mix of private offices, conference rooms, and a kitchenette.
Property Size4,500 SF
Price / SF$0.00
Days on Market5
Property Features for 14 Fordham Road
General Information
Standard status
Size
Total Parking Spaces
Elevators
Site & Location
Neighborhood
Public Transit
Additional Details
Floor
Property Use
Amenities
conference rooms
kitchenette
elevator
ADA compliant
high ceilings
Building Details
Year Built
Listing Agency:
Lock and Key Realty
Listed By:
Jordan Healy
(413) 717-0635
Source:
Lockandkeyre
Added: Nov 6
Changed: Nov 9
Last Checked: Nov 9 at 2:07PM
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 Lock and Key Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,500-square-foot flex space occupies the second floor of an elevator-served building. Its layout includes a reception area, multiple windowed offices, two large conference rooms, and a kitchenette. High ceilings add to the suite’s adaptable interior, and the space has previously housed a health care tenant. Passenger and freight elevator access serves the floor; the building is ADA compliant and provides indoor parking for four cars.
The property is at 14 Fordham Road in Boston, near Boston University and within walking distance of the MBTA. Commonwealth Avenue and Brighton Avenue are also nearby.
The property is at 14 Fordham Road in Boston, near Boston University and within walking distance of the MBTA. Commonwealth Avenue and Brighton Avenue are also nearby.
Key Highlights
- 4,500‑square‑foot second‑floor flex space
- Reception area, multiple windowed offices, and two large conference rooms
- Passenger and freight elevator access; ADA compliant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,360
Suggested Prices Based on Cap Rates
Cap Rate 5%
$947,200
$947.2K
Cap Rate 7%
$676,571
$676.6K
Cap Rate 9%
$526,222
$526.2K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$72.4K $16.08/SF
− Vacancy
−$4.7K −$1.05/SF
EGI
$67.7K $15.03/SF
− OpEx
−$20.3K −$4.51/SF
NOI
$47.4K $10.52/SF
Area
Boston, MA
Vacancy
6.50%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$947,200
Cap Rate 7%
$676,571
Cap Rate 9%
$526,222
Alternative Uses
Best Use
Office B
$1.90M
$1.66M – $2.21M
NOI $132,678 @ 7.0% cap
Second Best
Healthcare Medical
$1.31M
$1.14M – $1.52M
NOI $91,368 @ 7.0% cap
Theoretical Best
Office A
$3.37M
$2.95M – $3.93M
NOI $235,872 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,944
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02134, MA
21,707
Population
9,027
Households
2.4
Avg Household Size
27
Median Age
76%
College-Educated
96%
High-School Grad
1.2 sq mi
ZIP Area
18,089
Density / Sq Mi
$75,317
Median Household Income
$49,275
Median Earnings
$2,269
Median Rent
$586,700
Median Home Value
Market
Vacancy Rate% for Office in Boston, MA
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Frequently Asked Questions
What type of property is this?
Flex space - The second-floor suite offers a mix of private offices, conference rooms, and a kitchenette.
Where is this flex space located?
The property is located at 14 Fordham Road Boston, MA.
What are key features of this property?
This property features: 4,500‑square‑foot second‑floor flex space; Reception area, multiple windowed offices, and two large conference rooms; Passenger and freight elevator access; ADA compliant
