Commercial Real Estate Market in Billerica, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
85 active listings and 909 off-market properties in Billerica, MA. Commercial property asks $68/SF to buy and $16.28/SF/Yr to lease.
Market Trends
Billerica, MA spans 16.6 square miles in Middlesex County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Billerica, MA runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Billerica, MA runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Billerica, MA runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Billerica, MA asks $318/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 76.7%
- Industrial 20.2%
- Commercial 3.1%
Largest Zones share of zoned land by district
Rural Residence
Industrial
Village Residence
Neighborhood Residence
General Business
Billerica, MA zones 16,276 acres across 9 districts. Commercial zoning covers 3.1% of zoned land, residential 76.7% and industrial 20.2%. The largest single district is Rural Residence at 40.3%. For commercial buyers the practical constraint is that only 23.3% of land carries a commercial or industrial designation.
Rural Residence (RR)
The intent of this to promote Rural Residence uses.
Market overview
Demographics & Economy
Billerica, MA has 30,909 residents in 11,666 households. Density runs 1,863 people per square mile. Median household income here is $142,564 and median gross rent $2,211 a month.
30,909
Population
11,666
Households
2.6
Avg Household Size
43
Median Age
42%
College-Educated
95%
High-School Grad
16.6 sq mi
ZIP Area
1,863
Density / Sq Mi
$142,564
Median Household Income
$65,056
Median Earnings
$2,211
Median Rent
$581,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Wilmington | — | — |
| Bedford | — | — |
| Burlington | — | $20.07 |
| Tewksbury | — | $19.68 |
Commercial property in Billerica, MA asks $68/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Billerica?
Commercial property in Billerica, MA asks an average of $68 per square foot. The 6 most recent recorded sales traded at a median of $244/SF. Multifamily carries the highest asking price at $318/SF.
How much does it cost to lease commercial space in Billerica?
Asking lease rates in Billerica, MA average $16.28 per square foot per year.
What zoning applies to commercial property in Billerica?
Billerica, MA zones 16,276 acres across 9 districts, of which 3.1% is commercial and 20.2% industrial. The largest single district is Rural Residence at 40.3% of zoned land. The intent of this to promote Rural Residence uses. Residential zoning covers 76.7% and open space 0%.
Where does Realmo's Billerica market data come from?
Realmo compiles Billerica, MA figures from 6 recent recorded sales, 22 active sale listings, 63 active lease listings, 909 tracked off-market properties, the current Billerica zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 22 active for-sale and 63 active for-lease listings in Billerica, MA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 16,276 zoned acres across 9 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
