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Office Building

155 Middlesex Turnpike, Burlington, MA 01803

For Sale
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Contact for pricing

The building supports office and educational functions.

Property Size6,122 SF
Price / SF$0.01
Days on Market5

Property Features for 155 Middlesex Turnpike

General Information

Standard status Active
Size 6,122 SF

Additional Details

Property Use Office/Education

Building Details

Year Built 1968
Listing Agency: 128 CRE
Listed By: Jeremy Freid · License #9089542-RE-B
Source: Lockandkeyre
Added: Nov 4 Changed: Nov 7 Last Checked: Nov 6 at 3:03PM

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 128 CRE

Rey
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Investment Insights

Based on property information with market context.

At 6,122 square feet, this office building dates to 1968 and is identified for office and educational use. It is located at 155 Middlesex Turnpike in Burlington, Massachusetts.

Key Highlights

  • 6,122‑square‑foot office building
  • Constructed in 1968
  • Located at 155 Middlesex Turnpike, Burlington, MA 01803

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$194,254
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,885,080 $3.9M
Cap Rate 7%
$2,775,057 $2.8M
Cap Rate 9%
$2,158,378 $2.2M
Market Conditions
NOI Build-Up for 6,122 SF
Gross rent
$332.1K $54.24/SF
− Vacancy
−$73.1K −$11.93/SF
EGI
$259.0K $42.31/SF
− OpEx
−$64.8K −$10.58/SF
NOI
$194.3K $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%
$3,885,080
Cap Rate 7%
$2,775,057
Cap Rate 9%
$2,158,378

Alternative Uses

Best Use
Office B
$2.78M
$2.43M – $3.24M (±1% cap)
NOI $194,254 @ 7.0% cap · market cap 607,043.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.62M
$3.17M – $4.23M (±1% cap)
NOI $253,694 @ 7.0% cap · market cap 792,793.75%
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

Volunteer Insurance Insurance Agency Beacon Insurance Group ... Insurance Agency A2E Technologies IT Consulting Firm Online Math Center Tutoring Service Ovitas (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Dental Office Garden Center Kitchen & Bath Showroom 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.

Location Intelligence

Trade Area within ½ mile

709
Businesses Nearby

Demographics for 01803, MA

26,074
Population
10,468
Households
2.5
Avg Household Size
42
Median Age
58%
College-Educated
96%
High-School Grad
11.3 sq mi
ZIP Area
2,307
Density / Sq Mi
$142,421
Median Household Income
$75,829
Median Earnings
$2,615
Median Rent
$679,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Middlesex County, MA

$290 Jul
$302 Aug
$327 Sep
$345 Oct

Properties on Market for Office buildings in Middlesex County

Jul
Aug
Sep
Oct

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?
Office building - The building supports office and educational functions.
Where is this office building located?
The property is located at 155 Middlesex Turnpike Burlington, MA.
What are key features of this property?
This property features: 6,122‑square‑foot office building; Constructed in 1968; Located at 155 Middlesex Turnpike, Burlington, MA 01803
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