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    Flex Office and Cold Storage Facility Title is generated by Realmo AI

    7 State St, Woburn, MA 01801

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    Freestanding flex building with 20' clear warehouse, freezer space, and tailboard docks plus 1,000 amps.

    Type:Industrial/Flex/Warehouse/Cold Storage
    Property size:
    27,500 SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 2:01 am

    Property Features for 7 State St

    General Information

    Standard status
    Active
    Size
    27,500 SF
    Property subtype
    Industrial/Flex/Warehouse/Cold Storage

    Spaces For Lease

    at 7 State St Contact us

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    Listing Contact
    Rob Cronin

    Listing agent Rob Cronin

    Listing office Lincoln Property Company | Boston

    Listing date Jun 2, 2026

    Source Lpc

    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 Lincoln Property Company | Boston

    HighLights

    • 27,500 total SF available now (approx. 5,000 RSF available for sale and/or lease)
    • Freestanding flex building with approx. 12,500 RSF flex/office space
    • Warehouse space with 20' clear height (approx. 10,000 RSF)
    • Refrigerated/freezer and cold storage areas with 20' and 32' freezer space
    • Two (2) tailboard loading docks
    • 1,000 amps electrical service; I‑P zoning

    Overview

    This flex and warehouse facility offers a combination of office and cold storage capabilities within approximately 27,500 total square feet. The space includes flex/office area of approximately 12,500 RSF, along with about 10,000 RSF of 20' clear warehouse. Refrigerated/freezer space is available in both 20' and 32' configurations, supporting cold storage operations. Material handling is supported by two tailboard loading docks. Electrical service is listed at 1,000 amps, providing capacity for refrigerated equipment and associated operations. Availability is described as for sale and/or lease, with approximately 5,000 RSF available now and the balance available within the overall total.

    Located at 7 State St in Woburn, Massachusetts, the property is designated under I-P zoning, which supports industrial-oriented uses. With dedicated cold storage features and loading capability, it is positioned for users seeking an integrated warehouse and temperature-controlled environment at one facility.

    This building should appeal to logistics and distribution teams, cold storage operators, and other tenants needing both working warehouse space and functional flex/office space for day-to-day operations. The mix of 20' clear warehouse height, cold storage configurations, and tailboard docks can help streamline receiving, staging, and fulfillment from the same location.
    Location Intelligence

    Current Use by Public Records

    Mama Rosies Warehouse & Storage

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • The Kiddush Caterer — 30 Commerce Way, Woburn, MA 01801
    • Boston Cocktail — Fairview Rd, Woburn, MA 01801
    • Eurest Dining Services — 9 Normac Rd, Woburn, MA 01801

    Location Insight

    • Map
    • Local Demand
    City
    Woburn
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1417862
    Latitude
    42.4991134

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    FAQs

    What type of property is this?
    Flex space - Freestanding flex building with 20' clear warehouse, freezer space, and tailboard docks plus 1,000 amps.
    Where is this flex space located?
    The property is located at 7 State St Woburn, MA.
    What are key features of this property?
    This property features: 27,500 total SF available now (approx. 5,000 RSF available for sale and/or lease); Freestanding flex building with approx. 12,500 RSF flex/office space; Warehouse space with 20' clear height (approx. 10,000 RSF)
    (781) 929-4699
    We can help!
    Listing Contact
    Rob Cronin
    Learn More
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    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.

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