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Financial
Distress signals
Property profile

248 Ml Rd Chelmsford, MA 01824

OFF-MARKET
Industrial properties
Property ID
US38-0846443
4.08 ac lot
Last sale Jul 1995 · $75,000
Trust Owned Owner of record is a trust. 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 2,810-square-foot commercial property at 248 Mill Road in Chelmsford, Massachusetts, offers a versatile blend of office and flex space, ideal for a single tenant. Situated in Middlesex County, this conveniently located space boasts easy access to Route 3 and I-129, ensuring seamless commutes for employees and clients. The property features recently updated interiors, including two restrooms, a kitchenette, and five individual offices, providing a comfortable and functional…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$77k
Tax billed · 2020
Assessed value · 2024$4.51M
Assessed land$1.28M
Assessed improvement$3.23M
Effective rate1.71%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$154/SF
County average, outlier-cleaned · 345 recorded sales of this use type
Observed band · Q1–Q3$86 – $254

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IA
These are areas that are primarily used for office, research development, manufacturing and warehousing.
General categoryINDUSTRIAL
JurisdictionCHELMSFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop12.9
Spa & Massage11.6
HVAC Service11.2

Location

248 Ml Rd Chelmsford, MA 01824-4146
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
80 Tpke, Chelmsford, MA 01824-3526 $2,450,000 Jan 2026 10,610 SF
201 Riverneck, Chelmsford, MA 01824-2820 $4,012,875 Oct 2024 89,606 SF
11 Elizabeth, Chelmsford, MA 01824-4111 $5,679,587 Sep 2024 70,960 SF
199 Riverneck, Chelmsford, MA 01824-2820 $3,285,000 Aug 2024 95,760 SF
2 Executive, Chelmsford, MA 01824-2565 $14,500,000 Aug 2024 112,838 SF
4 Kidder Rd, Chelmsford, MA 01824-6301 $500,000 Aug 2024 2,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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