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    Property profile & analytics
    OFF-MARKET Estimated value $8,375,000
    Manufacturing properties

    15 Wellman Ave, North Chelmsford, MA 01863-1334

    68,097 SF 11.96 ac lot Built 1974
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US38-1050636
    Property summary
    AI-generated overview

    This exceptional 69,885-square-foot flex space at 15 Wellman Avenue in Chelmsford, Massachusetts, presents a unique opportunity for businesses seeking a substantial industrial footprint. Located in Middlesex County, this single-tenant property sits on an expansive 11.96-acre lot, offering ample room for expansion or outdoor storage. Built in 1974, the building boasts impressive features including ceiling heights ranging from 17 to 21 feet, providing significant vertical space for various operational needs. The property includes five loading docks and one drive-in door, ensuring efficient loading and unloading of goods. Ample parking is available with 116 spaces to accommodate employees and visitors. The property is zoned IA (Limited Industrial), and its robust power supply of 3,000 amps at 480 volts is ideal for energy-intensive operations. The entire 69,885 square feet is currently vacant, providing immediate occupancy for a new tenant. This prime location in Chelmsford, MA, zip code 01863, offers easy access to major transportation routes, making it an attractive option for businesses needing convenient logistics. The property's size, features, and location make it an ideal choice for a wide range of industrial and flex-use businesses.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1974
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 68,097 SF
    Lot 11.96 ac (520,978 SF)
    Zoning code IA
    APN CHEL M:0008 B:0006 L:1
    UPID US38-1050636
    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
    $8.38M
    CAP Approach CAP
    $11.15M
    Comparable Approach Comparable
    $6.80M
    Blend (final) Blend
    $8.38M
    Owner & transaction history
    Eip Bsc Owner LLC · 1 yrs held
    Eip Bsc Owner LLC
    since 2024
    Last sale
    $8.4M
    4 recorded transactions
    2025
    2024
    $8.4M
    2022
    2020
    $1.7M
    Zoning & alternative use
    IA · North Chelmsford, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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