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Financial
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Property profile

1 Federal St Billerica, MA 01821

FOR LEASE
Industrial properties
Property ID
US38-0234536
59,720 SF 3.5 ac lot Built 1985
Last sale Mar 2015 · $26,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
1 Federal St, Billerica, MA 01821 For Lease
$5,860,000 60,400 SF available
1 Federal St, Billerica, MA 01821
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Property summary

AI-generated overview

This exceptional ±60,000 square foot, two-story mixed-use building presents a unique owner-user opportunity in Billerica, Massachusetts. Situated on a spacious ±3.59-acre lot within The Fields business park, this Class B property, built in 1985, offers a flexible layout ideal for a variety of uses, including office, research & development, and flex space. Currently 100% improved with modern office fit-outs, the property benefits from ample parking (172 spaces) and unparalleled access to major…

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.

Debts

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?
$185k
Tax billed · 2024
Assessed value$7.36M
Assessed land$1.39M
Assessed improvement$5.97M
Effective rate2.51%

Value estimate

· Oct 2026
$5.86M
$5.27M – $6.45M
Submarket $/SF estimate$6.67M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$111/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$64 – $159
Qualifying comparables6

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 agency29.2
Restaurant26.2
Law Firm22.0

Location

1 Federal St Billerica, MA 01821
County assessor Recorded deeds · 5 transfers 6 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
37 Manning, Billerica, MA 01821-3950 $13,445,294 Dec 2024 60,040 SF
33 Manning, Billerica, MA 01821-3925 $10,276,537 Dec 2024 58,324 SF
900 Middlesex, Billerica, MA 01821-3929 $42,500,000 Feb 2023 49,808 SF
8 Federal, Billerica, MA 01821-3570 $8,000,000 May 2022 79,104 SF
140 Pond, Billerica, MA 01821-1329 $1,000,000 Apr 2022 86,670 SF
14 Fortune, Billerica, MA 01821-3922 $4,000,000 Aug 2021 40,764 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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