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Property profile & analytics
OFF-MARKET Estimated value $7,670,000
Office buildings

10 State St Woburn, MA 01801-6804

49,368 SF 3.72 ac lot Built 1989
Entity Owned 5-yr Hold Free & Clear
Property ID
US38-0847220
Property summary
AI-generated overview

This exceptional 49,368-square-foot, two-story office and flex building at 10 State Street in Woburn, Massachusetts, offers a unique opportunity. Currently, 5,781 square feet of space is available for lease within this multi-tenant building. The property boasts a convenient location, a short distance from the intersection of Routes 93 and 95, ensuring easy commuting for employees. The building's attractive red brick exterior complements its functional interior. Situated near the vibrant commercial areas of Woburn Village, Woburn Landing, and Washington Street, employees will enjoy a wealth of nearby shops and restaurants. Under new ownership, 10 State Street has undergone significant improvements, including updated restrooms and common areas, as well as upgraded interior and exterior lighting. The property sits on a 3.79-acre lot and includes 178 parking spaces and one loading dock, providing ample convenience for tenants and visitors. The building also features elevators for easy access to both floors. This Middlesex County property presents a compelling opportunity for businesses seeking a well-maintained, conveniently located office or flex space in a thriving community. The building is comprised of a single suite.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Construction STEEL FRAME
Total area 49,368 SF
Lot 3.72 ac (162,043 SF)
Zoning code I-P
APN WOBU M:25 B:17 L:01 U:00
UPID US38-0847220
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
  • Aflac - Boston Insurance Agency
  • Ellen J Glew - Aflac Insurance Agent Insurance Agency
  • John S Tavares - Aflac Insurance Agent Insurance Agency
  • Environmental Compliance Services, Inc. Environmental Consultant Asbestos Testing Service
  • By All Accounts Co Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.80M
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.87M
Blend (final) Blend
$7.67M
Owner & transaction history
State St Realty LLC · 5 yrs held
State St Realty LLC
since 2020
Last sale
$7.4M
5 recorded transactions
2021
Price N/A
2020
$7.4M
2006
$3.9M
2000
$3.5M
1997
$3.0M
Zoning & alternative use
I-P · Woburn, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $11.4M +9.2%
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