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    Property profile & analytics
    OFF-MARKET Estimated value $795,000
    Life science properties

    267 Boston Rd, North Billerica, MA 01862-2310

    60,530 SF 4.42 ac lot Built 1984
    Entity Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US38-0255763
    Property summary
    AI-generated overview

    This exceptional 7,700 square foot executive office space is ideally located at 267 Boston Road in Billerica, Massachusetts, zip code 01862. Situated in Middlesex County, this property offers a flexible layout perfect for a variety of businesses. The space is part of a larger 61,795 square foot building with multiple tenants. The unit boasts a generous ceiling height of 12 feet 10 inches clear, providing ample room and a sense of spaciousness. The property is zoned for industrial use, offering versatility for various business operations. Ample parking is available, with a ratio of 2.4 cars per 1,000 square feet. The building's robust electrical system features 2000 amps, 208/120 Volt, 3-phase, 4-wire power, ensuring sufficient capacity for modern business needs. This prime location offers easy access to major transportation routes, making it a convenient and attractive option for businesses seeking a functional and well-equipped workspace. The available space is described as "flex space with tailboard," suggesting adaptability for various configurations and potential loading capabilities. This presents a unique opportunity for businesses requiring a blend of office and warehouse or production space. Inquire today to learn more about this exceptional opportunity.

    Property profile
    Verified
    Property type Life science properties
    Use group R&D FACILITY, LABS, PHARMA
    Year built 1984
    Construction STEEL FRAME
    Total area 60,530 SF
    Lot 4.42 ac (192,535 SF)
    Zoning code 5
    APN BILL M:0031 B:0005 L:1-1
    UPID US38-0255763
    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
    • Static Clean International, Inc. Production Facility Factory
    • Branson Ultrasonics General Contractor
    • Lahey Billerica Medical Clinic
    • Lahey Clinic Inc: Harris Gerald S MD Physician
    • HydroCision, Inc Production Facility Factory
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $780k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $810k
    Blend (final) Blend
    $795k
    Owner & transaction history
    267 Boston Road LLC · 10 yrs held
    267 Boston Road LLC
    since 2016
    5 recorded transactions
    2016
    $8.1M
    2008
    $7.9M
    2003
    $100,000
    2001
    $6.0M
    1995
    $2.0M
    Zoning & alternative use
    5 · North Billerica, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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