Financial
Distress signals
Property profile

61 Parkhurst Rd Chelmsford, MA 01824

FOR LEASE
Super regional malls
Property ID
US38-1831332
11,495 SF 0.95 ac lot Built 1974
Last sale Feb 2025 · $1,995,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 61 Parkhurst Road in Chelmsford, Massachusetts, the property consists of an 11,495-square-foot building configured for retail or flex use. The building was previously used as a rental facility and a dance studio and includes two drive-in doors, open floor plates, and flexible interior layouts that can support a range of retail, industrial, or flex configurations. The property is positioned approximately 0.25 miles from MA-3 and within about two miles of I-495, providing convenient

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$24k
Tax billed · 2024
Assessed value$1.41M
Assessed land$339k
Assessed improvement$1.07M
Effective rate1.72%

Value estimate

· Sep 2026
$1.73M
$1.56M – $1.90M
Submarket $/SF estimate$2.40M
NOI build-up
Gross scheduled income$253k
Vacancy & credit loss−$16k
Operating expenses−$71k
NOI · 919,861.11% cap applied$166k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$277/SF
County average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$70 – $457

Cap rate analysis

How does the asset earn?
919,861.11%
$166k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CB
These are general commercial districts which are high traffic generators. Included are such uses as automotive repair, open lot sales, wh...
General categoryCOMMERCIAL
JurisdictionCHELMSFORD

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 agency16.3
Storage Facility14.8
Garden Center13.7

Location

61 Parkhurst Rd Chelmsford, MA 01824
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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

3 recorded sales · 13 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21 Drum Hl, Chelmsford, MA 01824-1503 $6,711,000 Oct 2021 7,640 SF
278 Ml, Chelmsford, MA 01824-4106 $295,000 Nov 2019 5,940 SF
210 Boston, Chelmsford, MA 01824-4849 $1,300,000 Aug 2019 10,000 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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