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Property profile & analytics
FOR LEASE
Warehouses

1 Cornell Pl Wilmington, MA 01887

80,472 SF 4.5 ac lot Built 1970
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US38-0671219
Property summary
AI-generated overview

This exceptional industrial property at 1 Cornell Place, Wilmington, offers a significant opportunity for businesses seeking warehouse and distribution space. The property boasts a total building area of 80,452 square feet, with 40,332 square feet currently available for lease. This includes a substantial 40,332 square foot warehouse space and a 2,000 square foot office area. Situated on a generous 4.5-acre lot in Middlesex County, the building features a Class B rating and offers excellent accessibility. The warehouse space benefits from a high ceiling clearance, ranging from 21 feet to the joist to 23 feet to the deck, and a column spacing of 30' x 40', maximizing storage and operational efficiency. Loading is facilitated by six docks, including five tailboard docks and one van-height door. Ample parking is provided with 20 spaces available on-site. The property's sprinkler system ensures a safe and secure environment. This is an ideal location for businesses requiring significant warehouse space and convenient access to major transportation routes. Don't miss this chance to secure a prime industrial property in a thriving market.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1970
Construction STEEL FRAME
Total area 80,472 SF
Lot 4.5 ac (196,020 SF)
APN WILM M:0099 L:0000 P:0141
UPID US38-0671219
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Interstate Office Partitions, Inc Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.81M
Owner & transaction history
Osc 1 Cornell LLC · 10 yrs held
Osc 1 Cornell LLC
since 2016
3 recorded transactions
2021
Price N/A
2016
$6.5M
2005
$2.7M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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