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Property profile & analytics
OFF-MARKET Estimated value $1,290,000
Office Spaces

290 Littleton Rd A Chelmsford, MA 01824-3406

17,372 SF Built 2008
Entity Owned Absentee Owner Free & Clear
Property ID
US38-1905850
Property summary
AI-generated overview

This exceptional 23,641 square foot multi-tenant office building, situated at 290 Littleton Road in Chelmsford, Massachusetts (zip code 01824), presents a compelling investment opportunity. Classified as a traditional office space within a retail/office property, this fully built-out space offers a versatile layout ideal for a variety of professional uses. The property boasts ample office space, complemented by conveniently located bathrooms and expansive open areas, providing flexibility for tenant customization. Its prime location on Route 110, strategically positioned between Westford and Chelmsford centers, ensures excellent visibility and accessibility. The property benefits from a strong demographic profile, with a substantial population exceeding 112,000 and average household incomes surpassing $140,000 within a 5-mile radius. This translates to a robust and affluent market for businesses seeking a well-located and functional office space. The building's prominent presence on Littleton Road further enhances its appeal and potential for attracting high-quality tenants. This is a rare opportunity to acquire a well-established and strategically located commercial property in a thriving Massachusetts market.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 2008
Total area 17,372 SF
Zoning code CB
APN CHEL M:0099 B:0405 L:1 U:A
UPID US38-1905850
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.51M
Blend (final) Blend
$1.29M
Owner & transaction history
HAWTHORNE REALTY LLC
HAWTHORNE REALTY LLC
Zoning & alternative use
CB · Chelmsford, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

These are general commercial districts which are high traffic generators. Included are such uses as automotive repair, open lot sales, wholesale business, retail and offices and so on.

Zone name Roadside
General category COMMERCIAL
Zone area 222.47 ac
Source Realmo
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