40 Brick Kiln Rd Chelmsford, MA 01824

Property Details for 40 Brick Kiln Rd

Year built

2002

Construction

FRAME

Lot size

4.80 lot acres

Property size

18,801 SF

Zone code

RB

Property type

Office buildings

APN

CHEL M:0077 B:0307 L:10

APU

CHELM0077B0307L10

Description

This exceptional 19,946 square foot executive office building, situated on a generous 4.8-acre lot in Chelmsford, Massachusetts, presents a compelling investment opportunity. Constructed in 2002, the single-story building boasts a strong financial performance, with a current Net Operating Income (NOI) of $195,776. The property is strategically located near the intersection of Route 3 and Route 495, providing convenient access to major transportation arteries. Currently, the building is 100% leased to the Middlesex Sheriff's Department under a lease agreement extending through January 2027, ensuring a stable income stream for the foreseeable future. The property is zoned for single-family residential use, offering potential for future development or redevelopment (subject to local regulations). Detailed financial information is available upon execution of a non-disclosure agreement. This property presents an excellent opportunity for a 1031 exchange, allowing investors to defer capital gains taxes. The building's size, location, and current lease agreement make it an attractive investment for discerning buyers seeking a stable, high-return asset in a desirable Massachusetts market. The property's address is 40 Brick Kiln Rd, Chelmsford, MA 01824, within Middlesex County.

Location Insight

City

Chelmsford

County

Middlesex

State

Massachusetts

Longitude

-71.3027

Latitude

42.6008

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments