Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    10 Gill St Woburn, MA 01801

    • Commercial real estate
    • 14.06 lot acres
    For Lease
    View listing
    Value Estimations
    $350,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-1520615
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Astound Broadband Internet by RCN / Cable Company
    • Dawn M. Macdonald, MA / Psychologist
    • Innovations In Optics Inc / Optical Products Manufacturer
    • KaZaK Composites, Inc / Aerospace Company / Transportation Service
    • Thom Mystic Valley Early Intervention Program / Occupational Therapist / Family Service Center

    Property Details for 10 Gill St

    Lot size
    14.06 lot acres
    Zone code
    I-P
    Property type
    Commercial real estate
    APN
    WOBU M:19 B:01 L:06 U:00
    APU
    WOBUM19B01L06U00

    Description

    This exceptional 105,490 square foot Class B industrial building, located in Middlesex County, presents a fantastic opportunity. Currently, 12,257 square feet of flexible space is immediately available for lease. The property, originally constructed in 1968, underwent significant renovations in 1998, ensuring modern functionality within a well-established structure. The building's classification as a flex space caters to a variety of uses, including office, warehouse, and research & development needs. The multiple tenancy structure offers flexibility for businesses of varying sizes. The available space provides ample room for expansion or consolidation, making it ideal for companies seeking to optimize their operations. Its location in Middlesex County offers convenient access to major transportation routes and a robust workforce. This property is perfect for businesses seeking a blend of modern amenities and a proven location. The 12,257 square foot space is ready for immediate occupancy, providing a turnkey solution for your business needs. Don't miss this chance to secure prime industrial space in a thriving location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $350,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Woburn
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1491
    Latitude
    42.5078
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $434,302
    $6,601,200
    $15,121,200
    $21,722,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4.50 Acres

      1071 Main St

      Land • 4.50 Acres
      1071 Main St, Woburn, MA 01801
      View Details
    • Value Estimation
      $270,000
      12.93 Acres

      10 Commerce Way

      COMMERCIAL (GENERAL) • 12.93 Acres
      10 Commerce Way, Woburn, MA 01801-1028
      View Details
    • Value Estimation by Request
      5.91 Acres

      225 Presidential Way

      COMMERCIAL (GENERAL) • 5.91 Acres
      225 Presidential Way, Woburn, MA 01801-1060
      View Details
    • Value Estimation by Request
      17.65 Acres

      300 Mishawum Rd

      COMMERCIAL (GENERAL) • 17.65 Acres
      300 Mishawum Rd, Woburn, MA 01801-6816
      View Details
    • Value Estimation
      $265,000
      1,380 SF

      192 Lexington St

      SHOW ROOM, WAREHOUSE • 1,380 SF
      192 Lexington St, Woburn, MA 01801-4741
      View Details
    • Value Estimation
      $230,000
      1,380 SF

      405 Main St Ste 2a

      COMMERCIAL CONDOMINUIM • 1,380 SF
      405 Main St Ste 2a, Woburn, MA 01801-5466
      View Details

    Similar Nearby for Sale

    • $975,000
      4.50 Acres

      Woburn Commercial Land - 4.5 Acres

      Prime Woburn location, R-2 zoned, development opportunity.
      1071 Main St, Woburn, MA 01801
      View Details
    • Contact for pricing
      4,828 SF

      Woburn Office Suites - Sublease Opportunity

      Modern Woburn office space, sublease available.
      800 Cummings Park, Woburn, MA 01801
      View Details
    • $779,900

      Mansard Colonial Home with Income

      Colonial home with income potential from a renovated apartment.
      18 Central St, Woburn, MA 01801
      View Details
    • Contact for pricing
      55,000 SF

      Woburn Industrial/Warehouse Space Available

      12,500 SF industrial/warehouse space with convenient highway access.
      55 6Th Rd, Woburn, MA 01801
      View Details
    • $779,000

      Approved Development Site, Downtown Woburn

      Approved 7-unit mixed-use development site in downtown Woburn.
      477 Main St, Woburn, MA 01801
      View Details
    • $975,000

      Woburn Land with Development Potential

      Land with R-2 zoning, development potential in Woburn, Massachusetts.
      1071 Main St, Woburn, MA 01801
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,022 SF

      Woburn Office Space Available

      Office space available for rent in Woburn, Massachusetts.
      18 Commerce Way, Woburn, MA 01801
      View Details
    • Contact for pricing
      4,276 SF

      Woburn Flex/Industrial Space Available

      Single-story Woburn flex/industrial space with highway access.
      200-280 W Cummings Park, Woburn, MA 01801
      View Details
    • Contact for pricing
      52,340 SF

      Woburn Industrial/Flex Building For Rent

      52,340 SF industrial/flex building on 2.997 acres.
      64 Holton St, Woburn, MA 01801
      View Details
    • $2,000 /Mo

      Modern Office Space in Woburn

      Furnished office space in Woburn Center near transportation.
      4 Montvale Ave, Woburn, MA 01801
      View Details
    • Contact for pricing
      3,295 SF

      Woburn Flex / Industrial Space

      Flex / Industrial space available for lease in Woburn, MA.
      300-395 W Cummings Park, Woburn, MA 01801
      View Details
    • Contact for pricing
      4,400 SF

      Woburn Office/Medical Space For Rent

      Office or medical space in downtown Woburn with great accessibility.
      19 Pleasant St, Woburn, MA 01801
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10 Gill St
    Woburn, MA 01801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.