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    2 Executive Dr Chelmsford, MA 01824-2565
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    Property profile & analytics

    2 Executive Dr, Chelmsford, MA 01824-2565

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    • Life science properties
    • 112,838 SF
    • 8.57 lot acres
    Off-Market
    Last Sale Aug 20, 2024
    $14,500,000
    Property ID
    US38-1648868
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $13,070,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Life science properties

    Property Details for 2 Executive Dr

    Year built
    1987
    Construction
    STEEL FRAME
    Lot size
    8.57 lot acres
    Zone code
    IA
    Property type
    Life science properties
    APN
    CHEL M:0054 B:0179 L:2
    APU
    CHELM0054B0179L2

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 20, 2024 $14,500,000 Rc 2 Executive RT Nv 2 Executive Drive LLC Deed $9.3M · Banknewport
    Dec 28, 2012 $11,725,000 Nv 2 Executive Drive LLC Rreef America Reit 3 Zi Grant Deed $17.2M · Gary Needham
    Apr 18, 2006 $1 Rreef America Reit 3 LLC Rreef America Reit Corp Grant Deed —
    Dec 22, 2005 $11,050,000 Rreef America Reit Corp C New Boston Chelmsford LP Grant Deed —
    Aug 15, 2002 — New Boston Fund INC — Deed Of Trust · related $5.1M · Gary Needham
    Sep 1, 1995 — New Boston Chelms LP — Deed Of Trust · related $370k · Penn Insurance Annuit
    Dec 21, 1994 $5,150,000 New Boston Chelms Ltd Metropolitan Life Ins Grant Deed —
    May 17, 1993 $4,040,000 Metropolitan Life Insu Interstate Exec RT II Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      R&D FACILITY, LABORATORY, RESEARCH FACILITY, COSMETICS, PHARMACEUTICAL
      $18,395,000
      Current use
      INDUSTRIAL (GENERAL)
      $17,320,000
      Change: -6% Conversion: Difficult

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    Location Insight

    • Map
    • Local Demand
    City
    Chelmsford
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.318
    Latitude
    42.6114
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $210,945
    $2,694,300
    $9,555,700
    $12,250,000
    -
    $0.00
    $0.00
    $0.00
    More about this property
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