Property profile

19 Alpha Rd Chelmsford, MA 01824

OFF-MARKET
Life science properties
Property ID
US38-0221348
64,250 SF 6.36 ac lot Built 1980
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a single-story research and development/light assembly facility located within the 250-acre Altid Industrial Park in Chelmsford. It contains 43,464 square feet of space and is accessible via Route 3 and I-495. The building configuration is suited to R&D and light assembly uses.

Property profile

Verified
Property type Life science properties
Use group R&D FACILITY, LABS, PHARMA
Year built 1980
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 64,250 SF
Lot 6.36 ac (277,042 SF)
Zoning code IA
APN CHEL M:0086 B:0328 L:22
UPID US38-0221348

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Corporate Office
  • Factory Industrial Manufacturer
  • Property Management Company

Location

19 Alpha Rd Chelmsford, MA 01824-4124
Chelmsford metro Census 317102 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$775k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.58M
Blend (final) Blend
$1.18M

Owner & transaction history

since 2019
7 recorded transactions
2019
Price N/A
2019
$7.9M
2018
Price N/A
2016
$2.7M
2015
Price N/A
2010
$1
2007
Price N/A

Zoning & alternative use

IA · Chelmsford, MA
Zoning description

These are areas that are primarily used for office, research development, manufacturing and warehousing.

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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