Property profile

3 Courthouse Ln Ste 12 Chelmsford, MA 01824

OFF-MARKET
Office Spaces
Property ID
US38-0891699
1,250 SF Built 1981
Individually Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1981
Total area 1,250 SF
Zoning code CB
APN CHEL M:0032 B:0110 L:6 U:12
UPID US38-0891699

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3 Courthouse Ln Ste, Unit 12 Chelmsford, MA 01824-1745
Chelmsford metro Census 317203 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2015
2 recorded transactions
2015
$123,000
1987
$275,000

Zoning & alternative use

CB · Chelmsford, MA
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.

General category COMMERCIAL

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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