Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Multi-Tenant Flex Space Investment Title is generated by Realmo AI

    4 Preston Court, Bedford, MA 01730

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Two-story flex space near Lexington's Hartwell Avenue.

    Type:Office
    Property size:
    24,751 SF
    Added:
    Mar 5, 2026
    Days on Market:
    73
    Last Refresh:
    Apr 5 at 10:15 pm

    Property Features for 4 Preston Court

    General Information

    Standard status
    Active
    Size
    24,751 SF
    Property subtype
    Office

    Building Details

    Year Built
    1974

    We can help!

    Listing Contact
    Jeremy Cyrier, CCIM
    Jeremy Cyrier, CCIM

    Listing agent Jeremy Cyrier, CCIM License #MA #9048314

    Listing office Jeremy Cyrier

    Listing date Mar 5, 2026

    Source Masscommercialproperties

    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 Jeremy Cyrier

    HighLights

    • Strategic location in Lexington's IND‑B zone, ideal for office, R&D, lab, biotech, and light manufacturing.
    • Proximity to a large skilled employee pool (16,053 white‑collar employees within a 3‑mile radius).
    • Multi‑tenant flex space featuring a 4,500 lb capacity passenger/freight elevator.
    • Located near major companies such as Thermo Fisher Scientific and UCB.
    • 90 on‑site surface parking spaces.
    • Easy access to Routes 3, 128, and 225.

    Overview

    This 24,751 +/- SF property is located in the IND-B section, near Hartwell Avenue in Lexington. The two-story building features multi-tenant flex space, suitable for office, R&D, lab, biotech, and light manufacturing uses. A 4,500 lb capacity passenger/freight elevator services both floors. The property is located on Preston Court, near lab, biotech, and service companies. Nearby neighbors include Thermo Fisher Scientific, Stoke, Diversified Technologies, Cubic PV, and UCB. The location benefits from a skilled talent pool, with 16,053 white-collar employees within a 3-mile radius. The property is near the Minuteman Bike Path and Hanscom Air Force Base, with access to Routes 3, 128, and 225. Nearby amenities include Wholefoods, Bruegger's, CVS, and Starbucks. There are 90 on-site surface parking spaces. It is a 35 minute drive to Boston. The property is surrounded by conservation land. It is zoned IND-B and presents a value-add or owner-user opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cutting Edge Texstyles Textile Engineer A2Z Garage Door ... Building Supply Forrest Behavioral Health Medical Clinic Data Dynamics Inc Electronics & Wireless Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Bedford
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.2639
    Latitude
    42.4828

    Nearby Similar for Sale

    • $825,000
      1,496 SF

      Bedford Duplex: Income and Residence

      Rare duplex in Bedford offering income and residence flexibility.
      18-20 Genetti Cir, Bedford, MA 01730
      View Details
    • $825,000
      1,496 SF

      Renovated Duplex in Bedford

      Side-by-side duplex with rental income and residence flexibility.
      18-20 Genetti Circle, Bedford, MA 01730
      View Details
    • Contact for pricing

      Medical Office Building Near Routes

      Stabilized medical office building near Routes 3 and 128.
      41-55 North Road, Bedford, MA 01730
      View Details
    • Contact for pricing

      Bedford Professional Center Investment Opportunity

      Value-add investment opportunity in Bedford's professional services market.
      41 North Road, Bedford, MA 01730
      View Details
    • Contact for pricing
      30,000 SF

      Bedford Office Space For Sale

      30,000 SF office space on 2.75 AC in Bedford, MA.
      13 15 Deangelo Dr, Bedford, MA 01730
      View Details
    • $6,300,000
      31,000 SF

      Bedford Life Science Opportunity

      Thriving suburban lab cluster near major life science tenants.
      13-15 Deangelo Dr, Bedford, MA 01730
      View Details

    FAQs

    What type of property is this?
    Flex space - Two-story flex space near Lexington's Hartwell Avenue.
    Where is this flex space located?
    The property is located at 4 Preston Court Bedford, MA.
    What are key features of this property?
    This property features: Strategic location in Lexington's IND‑B zone, ideal for office, R&D, lab, biotech, and light manufacturing.; Proximity to a large skilled employee pool (16,053 white‑collar employees within a 3‑mile radius).; Multi‑tenant flex space featuring a 4,500 lb capacity passenger/freight elevator.
    (617) 674-2043
    We can help!
    Listing Contact
    Jeremy Cyrier, CCIM
    Jeremy Cyrier, CCIM
    Real Estate License ID: MA #9048314
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    4 Preston Court, Bedford, MA 01730
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!