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    10 Fortune Dr Billerica, MA 01821

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    For Lease
    Contact for pricing

    Single-tenant industrial flex space in Billerica, MA.

    Lot size:
    16,440 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 16,440-square-foot single-tenant industrial flex space is situated on 1.54 acres in Billerica, Massachusetts, within Middlesex County. Built in 1974, this one-story building features a 16-foot ceiling height, two loading docks, and one drive-in door, catering to efficient material handling. The property boasts heavy power capabilities and a flexible design adaptable for office, flex industrial, or R&D uses. The building's construction includes a steel frame and concrete block, topped with a Carlisle ballasted membrane roof. Interior features include fluorescent lighting in office areas and metal halide lighting in manufacturing spaces, carpet and tile flooring in offices, and concrete flooring in the manufacturing area. Additional amenities include compressed air lines in the shop area, full heating and air conditioning via gas/electric rooftop units maintained by Bedford Mechanical, a fully sprinklered wet system with a backflow preventer, and parking for 35+ vehicles. The property is attractively landscaped and located in a wooded setting near Route 128 in Manning Park, accessible from Fortune Drive. The zip code is 01821.

    Property Features for 10 Fortune Dr

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,440 SF

    Building Details

    Year Built
    1974
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    16,440 SF

    HighLights

    • 16,440 SF single‑tenant industrial flex space on 1.54 acres in Billerica, MA.
    • 1‑story building (1974 construction) with 16' ceilings, two loading docks, and one drive‑in door.
    • Heavy power, adaptable for office, flex industrial, or R&D uses.
    • Steel frame, concrete block construction, Carlisle ballasted membrane roof.
    • 35+ parking spaces, landscaped setting near Route 128 in Manning Park, 01821 zip code.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nienstedt Inc Food Products Supplier Wilevco Equipment Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Billerica
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.262122061186
    Latitude
    42.526454828198

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    FAQs

    What type of property is this?
    Flex space - Single-tenant industrial flex space in Billerica, MA.
    Where is this flex space located?
    The property is located at 10 Fortune Dr Billerica, MA.
    What are key features of this property?
    This property features: 16,440 SF single-tenant industrial flex space on 1.54 acres in Billerica, MA.; 1-story building (1974 construction) with 16' ceilings, two loading docks, and one drive-in door.; Heavy power, adaptable for office, flex industrial, or R&D uses.
    Request Owner's contact information
    10 Fortune Dr Billerica, MA 01821
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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
    10 Fortune Dr Billerica, MA 01821
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