Financial
Distress signals
Property profile

23 Esquire Rd North Billerica, MA 01862

FOR LEASE
Manufacturing properties
Property ID
US38-1894826
148,890 SF 6.99 ac lot Built 1975
Last sale Jun 2022 · $20,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a portion of a high-tech manufacturing and research & development facility located in Billerica, Massachusetts, with the available portion totaling approximately 39,062 square feet out of a larger 136,421 square foot building. The space includes dedicated electrical capacity rated at 5,000 AMPs. The facility is positioned for access to Route 3 and other major highways.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$461k
Tax billed · 2024
Assessed value$18.36M
Assessed land$2.18M
Assessed improvement$16.18M
Effective rate2.51%

Value estimate

· Sep 2026
$20.24M
$18.22M – $22.26M
CAP approach$24.37M
Sales comparison$22.73M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$139/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$112 – $180
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
5
JurisdictionBILLERICA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.9
Restaurant18.4
Law Firm15.5

Location

23 Esquire Rd North Billerica, MA 01862
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7 Executive Park, North Billerica, MA 01862-1318 $2,500,000 Oct 2024 13,924 SF
100 Rangeway, North Billerica, MA 01862-2133 $4,500,000 Jul 2023 33,560 SF
95 Billerica, North Billerica, MA 01862-1231 $9,450,000 Jun 2021 75,070 SF
13 Sterling, North Billerica, MA 01862-2518 $3,000,000 Feb 2021 38,556 SF
6 Executive Park, North Billerica, MA 01862-1319 $1,800,000 Jan 2021 12,342 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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