10 Fortune Dr Billerica, MA 01821
- Manufacturing properties
- 16,440 SF
- 1.54 lot acres
Current Use by Public Records
- Nienstedt Inc / Food Products Supplier
- Wilevco / Equipment Supplier
Property Details for 10 Fortune Dr
- Year built
- 1974
- Construction
- STEEL FRAME
- Lot size
- 1.54 lot acres
- Property size
- 16,440 SF
- Zone code
- 5
- Property type
- Manufacturing properties
- APN
- BILL M:0096 B:0151 L:0
- APU
- BILLM0096B0151L0
Description
This single-tenant flex industrial building, located at 10 Fortune Drive in Billerica, Massachusetts, offers 16,440 square feet of space on a 1.54-acre lot. Built in 1974, the one-story building features a 16-foot ceiling height, ideal for various industrial uses. The property boasts two tailboard loading docks and one drive-in door, ensuring efficient loading and unloading. Heavy power (1000 amps) is available, along with HVAC throughout the office and warehouse areas. The interior layout is approximately 20% office space and 80% flex warehouse space, providing versatility for a range of businesses. The building also includes an outdoor laydown area and a dedicated management parking lot. Situated just off Middlesex Turnpike, this location offers exceptional access to major transportation arteries, including Route 95 (within 5-10 minutes) and Route 3 (two miles away), providing convenient access to Northern New Hampshire and Southern Burlington/Waltham. The property's proximity to these key roadways makes it an attractive option for manufacturing, technology, and other businesses seeking flexible space in the Greater Boston area. The property is served by municipal sewer and water. The clear height is 14 feet at the joist and 16 feet to the deck. Middlesex County location and 01821 zip code.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $680,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $630,000
- 6.5%
- $690,000
- 7%
- $680,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $640,000
- Geo Method
- $725,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $580,000
- Retail
- $530,000
- Mixed-Use
- $680,000
- Hospitality
- $520,000
- Educational
- $605,000
- Residential Income
- $485,000
- Energy
- $530,000
- Income-Based Land
- $660,000
- Food Service
- $515,000
Location Insight
- Map
- Local Demand
- City
- Billerica
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.2622
- Latitude
- 42.5269
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
