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    321 Commonwealth Rd Wayland, MA 01778

    Sponsored
    For Lease
    $24 SF/Yr ($13,480 /Mo)

    Class A Office Suites, 1,582-5,148 SF Available

    Lot size:
    6,536 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional Class A executive office property, located at 321 Commonwealth Road in Wayland, Massachusetts, offers a rare opportunity for businesses seeking premium space in Middlesex County. The building totals 6,536 square feet and features two suites, with 5,148 square feet currently vacant and immediately available for lease. Individual suites range from a minimum of 1,582 square feet to a maximum contiguous space of 5,148 square feet, providing flexibility for various business needs. The building boasts impressive 8'6" ceilings and ample parking, with a ratio of 3.2 spaces per 1,000 square feet. The property is well-equipped with robust power infrastructure, including a 1,600 AMP, 480/270-volt system, ensuring reliable power for even the most demanding operations. Its convenient location in Wayland, MA, offers easy access to major transportation routes and amenities. This is an ideal opportunity for businesses seeking a modern, efficient, and well-located executive office space. The property is classified as Office and Industrial, specifically catering to executive office tenants. Contact us today to schedule a viewing and explore the possibilities of establishing your business in this exceptional location. The zip code is 01778.

    Property Features for 321 Commonwealth Rd

    General Information

    Property type
    Industrial properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,536 SF
    Class
    A
    Total Rate
    13480.5

    Unit(s) available at that property

    Space
    3rd Floor
    Size
    5,148 SF
    Rate per SF
    $24
    Space
    2nd Floor
    Size
    1,582 SF
    Rate per SF
    $24

    HighLights

    • 1,465 SF available on the 2nd floor.
    • 5,071 SF available on the 3rd floor.
    • 8'6" finished ceilings.
    • Energy‑efficient HVAC heat pump system.
    • 1,600 AMP, 480/270‑volt electrical service.
    • Keypad entry system.
    Property Profile Location Intelligence

    Current Use by Public Records

    Stanmar, Inc. Construction Company C2 Premium Marketing Marketing Agency Celebration Travel Travel Agency MembersFirst Health & Fitness ... Physical Fitness Program The Clifford Group LLC Financial Planner

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Wayland
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.353768
    Latitude
    42.3222183

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    FAQs

    What type of property is this?
    Industrial property - Class A Office Suites, 1,582-5,148 SF Available
    Where is this industrial property located?
    The property is located at 321 Commonwealth Rd Wayland, MA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 1,465 SF available on the 2nd floor.; 5,071 SF available on the 3rd floor.; 8'6" finished ceilings.
    Request Owner's contact information
    321 Commonwealth Rd Wayland, MA 01778
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    Wayland, MA 01778
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    Realmo Value Estimation

    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.

    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.

    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
    321 Commonwealth Rd Wayland, MA 01778
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