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    Property profile & analytics
    OFF-MARKET Estimated value $3,555,000
    Life science properties

    155 Middlesex Tpke, Burlington, MA 01803-4426

    12,300 SF 1.1 ac lot Built 1968
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US38-0640065
    Property summary
    AI-generated overview

    This well-located Burlington, MA office building at 155 Middlesex Turnpike offers multiple leasing opportunities in a Class B, two-story building totaling 12,300 square feet. Built in 1968, the property features a thoughtfully designed layout with abundant natural light thanks to expansive windows. Currently, 6,074 square feet of space is available, divisible into units ranging from a minimum of 1,447 square feet to a maximum contiguous space of 3,071 square feet. The building is ideally suited for a variety of businesses seeking flexible and functional office space. Ample parking is provided with 55 surface spots. The property's location in Middlesex County, MA, offers easy access to major transportation routes and amenities, making it a convenient and attractive option for employees and clients alike. This is a fantastic opportunity to secure prime office space in a desirable Burlington location. The building's traditional office design provides a professional and comfortable work environment. The available space is perfect for businesses seeking a well-maintained and conveniently located office in a thriving community. The flexible space options allow for customization to meet specific business needs. Don't miss this chance to establish your business in this attractive and functional office building.

    Property profile
    Verified
    Property type Life science properties
    Use group R&D FACILITY, LABS, PHARMA
    Year built 1968
    Construction STEEL FRAME
    Total area 12,300 SF
    Lot 1.1 ac (47,916 SF)
    Zoning code IG
    APN BURL M:000039 P:000014
    UPID US38-0640065
    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
    • Volunteer Insurance Insurance Agency
    • Beacon Insurance Group Inc Insurance Agency
    • A2E Technologies IT Consulting Firm (Bike/Boat/Book/etc) Store
    • Online Math Center Tutoring Service
    • Ovitas (Bike/Boat/Book/etc) Store Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.51M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.45M
    Blend (final) Blend
    $3.56M
    Owner & transaction history
    155 Middlesex LLC · 2 yrs held
    155 Middlesex LLC
    since 2023
    Last sale
    $3.7M
    7 recorded transactions
    2024
    2023
    $3.7M
    2019
    2017
    $2.2M
    2004
    2002
    $100,000
    1999
    $810,000
    Zoning & alternative use
    IG · Burlington, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $3.6M +78.1%
    Auto repair, garage $3.5M +72.7%
    Neighborhood: shopping center $3.4M +70.0%
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