Commercial Real Estate Market in Pepperell, MA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
10 active listings and 219 off-market properties in Pepperell, MA.
Market Trends
Pepperell, MA spans 22.6 square miles in Middlesex County, Massachusetts. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Pepperell, 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 Pepperell, 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 Pepperell, 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 Pepperell, 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 96.5%
- Industrial 2.9%
- Commercial 0.7%
Largest Zones share of zoned land by district
Rural Residential
Town Residential
Recreation Residential
Suburban Residential
Industrial
Pepperell, MA zones 14,700 acres across 7 districts. Commercial zoning covers 0.7% of zoned land, residential 96.5% and industrial 2.9%. The largest single district is Rural Residential at 48.3%. For commercial buyers the practical constraint is that only 3.5% of land carries a commercial or industrial designation.
Rural Residential (RR)
The intent of the zone to promote Rural Residence District
Market overview
Demographics & Economy
Pepperell, MA has 11,621 residents in 4,516 households. Density runs 515 people per square mile. Median household income here is $126,824 and median gross rent $1,303 a month.
11,621
Population
4,516
Households
2.6
Avg Household Size
44
Median Age
44%
College-Educated
97%
High-School Grad
22.6 sq mi
ZIP Area
515
Density / Sq Mi
$126,824
Median Household Income
$62,658
Median Earnings
$1,303
Median Rent
$459,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Groton | — | $16.00 |
| Townsend | — | $21.86 |
| Hollis | — | — |
| Dunstable | — | — |
Commercial property in Pepperell, MA asks $1,091/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Pepperell?
Commercial property in Pepperell, MA asks an average of $1,091 per square foot. The 7 most recent recorded sales traded at a median of $306/SF, so asking sits 256% above the achieved median. Multifamily carries the highest asking price at $318/SF.
What zoning applies to commercial property in Pepperell?
Pepperell, MA zones 14,700 acres across 7 districts, of which 0.7% is commercial and 2.9% industrial. The largest single district is Rural Residential at 48.3% of zoned land. The intent of the zone to promote Rural Residence District Residential zoning covers 96.5% and open space 0%.
Where does Realmo's Pepperell market data come from?
Realmo compiles Pepperell, MA figures from 7 recent recorded sales, 6 active sale listings, 4 active lease listings, 219 tracked off-market properties, the current Pepperell zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 4 active for-lease listings in Pepperell, 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: 14,700 zoned acres across 7 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
