Property profile

11 State St Woburn, MA 01801

OFF-MARKET
Warehouses
Property ID
US38-1295258
62,000 SF 3.21 ac lot Built 1988
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1988
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 62,000 SF
Lot 3.21 ac (139,828 SF)
Zoning code I-P
APN WOBU M:31 B:01 L:09 U:00
UPID US38-1295258

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Industrial Manufacturer Production Facility
  • Ambulance Service
  • Construction Company General Contractor

Location

11 State St Woburn, MA 01801-2172
Woburn metro Census 333601 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.52M
CAP Approach CAP
$12.32M
Comparable Approach Comparable
$11.46M
Blend (final) Blend
$10.45M

Owner & transaction history

since 2025
Last sale
$14.5M
7 recorded transactions
2025
$14.5M
2021
$11.1M
2018
Price N/A
2013
$6.0M
2008
$3.9M
1994
Price N/A
1993
$1.3M

Zoning & alternative use

I-P · Woburn, MA
Zoning description

(I-P), Industrial Park 2 (I-P2), and the Interstate Business (B-1) Zoning District as shown on the City of Woburn zoning map as CWCOD dated December 23, 2009 and as may be amended from time to time. (amended 12/23/2009)…

General category INDUSTRIAL
Top alternative use upside
Restaurant $18.0M +63.4%
Auto repair, garage $17.5M +58.4%
Neighborhood: shopping center $17.2M +55.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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