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    FOR LEASE
    Industrial properties

    121 Brick Kiln Rd, Chelmsford, MA 01824

    13,872 SF 4.18 ac lot Built 1988
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US38-0231372
    Property summary
    AI-generated overview

    This exceptional Chelmsford, MA office property at 121 Brick Kiln Rd offers versatile space ideal for various business needs. The 13,872 square foot, two-story Class B building, constructed in 1988, features one elevator and sits on 4.18 acres of land in the Chelmsford submarket cluster of Middlesex County. Multiple tenancy options are available, with individual office spaces ranging from 132 to 200 square feet. Currently, two furnished private offices are available for lease, both with windows and offering excellent natural light. One corner unit (200+ sq ft) is listed at $900 per month, while another (150+ sq ft) is priced at $700 per month. Both include access to shared second-floor conference rooms and a newly renovated first-floor break area. Conveniently located near Route 3 and I-495, this property offers easy access to major transportation arteries. Utilities, including gas, electric, water, and a portion of common area maintenance (CAM/NNN charges), are included in the base rent. Tenants are responsible for their own phone and internet services. The minimum leasable space is 132 square feet. This property is perfect for businesses seeking flexible, well-appointed office space in a prime location.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1988
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 13,872 SF
    Lot 4.18 ac (182,081 SF)
    Zoning code IA
    APN CHEL M:0088 B:0271 L:8
    UPID US38-0231372
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $2.27M
    Comparable Approach Comparable
    $1.91M
    Blend (final) Blend
    $1.87M
    Owner & transaction history
    160-161 At Properties LLC · 6 yrs held
    160-161 At Properties LLC
    since 2019
    7 recorded transactions
    2025
    2025
    2019
    $1.3M
    2019
    2009
    $1.4M
    2001
    1969
    Zoning & alternative use
    IA · Chelmsford, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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