Property profile

25 Olympia Ave Woburn, MA 01801

OFF-MARKET
Warehouses
Property ID
US38-1517540
43,200 SF 3.18 ac lot Built 1984
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This Woburn, MA property at 25 Olympia Ave offers 43,200 square feet of Class B industrial space, ideal for flex, R&D, or lab uses. The building, constructed in 1984, is situated in Middlesex County and boasts a convenient location with easy access to major transportation routes (specific details not provided). Currently, there are 18,682 square feet of vacant space available, divisible into units ranging from a minimum of 778 square feet to a maximum contiguous space of 16,104 square feet. This presents a unique opportunity for businesses seeking flexible and adaptable workspaces. The multiple tenancy structure allows for a diverse range of occupants, fostering a collaborative and dynamic environment. The property's 01801 zip code ensures easy access to local amenities and services. This is a prime opportunity to secure space in a well-maintained building with a proven track record in a desirable location. The available space is adaptable to various needs, making it suitable for a wide range of businesses. Interested parties should inquire about specific lease terms and conditions. The building's existing infrastructure and layout provide a solid foundation for immediate occupancy.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 43,200 SF
Lot 3.18 ac (138,521 SF)
Zoning code I-P
APN WOBU M:26 B:02 L:05 U:00
UPID US38-1517540

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
  • Electronics & Wireless Store Big Box & Wholesale Store
  • Material Handling Equipment Supplier
  • Factory Production Facility
  • General Contractor
  • Medical Clinic

Location

25 Olympia Ave Woburn, MA 01801-6307
Woburn metro Census 333601 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.65M
Blend (final) Blend
$3.61M

Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2003
Price N/A

Zoning & alternative use

I-P · Woburn, MA
Zoning description

(I-P), Industrial Park 2 (I-P2), and the Interstate Business (B-1) Zoning District as shown on the City of Woburn zoning map as CWCOD dated December 23, 2009 and as may be amended from time to time. (amended 12/23/2009)…

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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