70 Blanchard RdBurlington, MA 01803
- Office properties
- 105,925 SF
Property Details for 70 Blanchard Rd
- Year built
- 1986
- Construction
- CONCRETE
- Lot size
- 4.93 AC
- Property size (Sq ft)
- 105,925 SF
- Zone code
- IG
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- BURL M:000053 P:000002
- APU
- BURLM000053P000002
Description
70 Blanchard Road in Burlington, Massachusetts offers exceptional Class A executive office space within a five-story, 123,852 square foot building. This prestigious property boasts a striking curved exterior design, featuring a blend of tinted glass and red brick. Currently, there are 64,880 square feet of vacant space available, divisible into units ranging from a minimum of 2,903 square feet to a maximum contiguous space of 23,260 square feet. The building is comprised of five suites in total. Its prime location provides convenient access to the Cambridge Street commercial corridor along Route 3, placing tenants within easy reach of a wide array of dining, shopping, and entertainment options near Burlington Mall. The property's 4.93-acre site is uniquely situated adjacent to the expansive 210-acre Mary Cummings Park, offering a tranquil and amenity-rich environment. This Middlesex County location provides a highly desirable address for businesses seeking a blend of modern workspace and convenient access to local amenities. The building's impressive size and flexible space options make it ideal for a variety of business needs, from small executive offices to larger corporate headquarters. This is a rare opportunity to secure premium office space in a highly sought-after location.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $17,512,566
- 6.5%
- $16,165,446
- 7%
- $15,010,771
-
Comparable approach
- Method
- Valuation
- Relative Method
- $13,840,160
- Geo Method
- $13,840,160
-
Alternative Use
- Use
- Valuation
- Residential
- $20,045,154
- Hospitality
- $18,361,252
- Educational
- $15,276,346
- Medical
- $15,801,723
- Retail
- $23,763,206
Location Insight
- City
- Burlington
- County
- Middlesex
- State
- Massachusetts
- Latitude
- 42.4796
- Longitude
- -71.2033
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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