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    FOR LEASE
    Life science properties

    159 Lorum St, Tewksbury, MA 01876

    20,000 SF 2.3 ac lot Built 1968
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US38-1553040
    Property summary
    AI-generated overview

    This exceptional 20,000-square-foot industrial warehouse, situated on a generous 2.3-acre lot in Tewksbury, Massachusetts, presents a compelling opportunity for businesses seeking expansive space and strategic location. The property boasts a single-tenant occupancy, offering complete control and flexibility. The warehouse features a substantial 14-foot ceiling height, providing ample vertical storage capacity. Two convenient drive-in doors ensure efficient loading and unloading operations. Power is robust, with a 1200-amp, 480-volt service, capable of supporting a wide range of industrial applications. The property is zoned Industrial-1, allowing for a variety of permitted uses. Located in Middlesex County, at 159 Lorum St, Tewksbury, MA 01876, this property offers easy access to major transportation routes, enhancing logistical efficiency. The entire 20,000 square feet is currently vacant, making it ready for immediate occupancy. This property is available for both sale and lease, providing options to suit diverse business needs. The expansive lot size provides ample room for expansion or future development. This is a rare opportunity to acquire a substantial industrial property in a prime location.

    Property profile
    Verified
    Property type Life science properties
    Use group R&D FACILITY, LABS, PHARMA
    Year built 1968
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 20,000 SF
    Lot 2.3 ac (100,188 SF)
    Zoning code IH
    APN TEWK M:0022 L:0074 U:0000
    UPID US38-1553040
    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
    • Marine Polymer Technologies Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    5 Dimensions LLC · 1 yrs held
    5 Dimensions LLC
    since 2024
    Last sale
    $3.4M
    5 recorded transactions
    2025
    2024
    $3.4M
    2002
    $30,000
    1998
    $635,000
    1995
    Zoning & alternative use
    IH · Tewksbury, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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