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    OFF-MARKET
    Commercial real estate

    11 School St, Chelmsford, MA 01863

    13.77 ac lot Built 2012
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 11 School Street in Chelmsford, MA, presents a unique investment opportunity. The entire building underwent a comprehensive renovation in approximately 2012, boasting high-end finishes throughout. Situated in a serene waterside setting, it offers unparalleled tranquility while maintaining convenient access to Route 3, just 1.4 miles away. The building's design maximizes natural light with attractive glass finishes and skylights, complemented by automatic blinds. The layout includes perimeter offices for privacy, an open cubicle area for collaborative work, a well-equipped kitchenette and cafeteria for employee convenience, and ample space for meetings and training with large dedicated rooms. The property also features 84 parking spaces, ensuring convenient parking for employees and visitors. Reliable utilities are readily available, including Verizon and Comcast services, town water and sewer. A state-of-the-art geothermal system provides energy-efficient climate control, and a backup generator ensures business continuity during power outages. The expansive 13.77-acre lot offers significant potential for future development, adding considerable value to this already impressive property. This is a rare opportunity to acquire a meticulously maintained, modern commercial building in a desirable location with significant expansion possibilities. The asking price is $4,700,000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2012
    Lot 13.77 ac (599,821 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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