15 Wellman Ave, North Chelmsford, MA 01863-1334
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
IA · North Chelmsford, MANorth Chelmsford. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.