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    Property profile & analytics

    31 Sterling Rd North Billerica, MA 01862-2518

    • Truck terminals
    • 10,000 SF
    • 5.63 lot acres
    OFF-MARKET
    Value Estimation
    $6,905,000
    Last Sale
    Jul 03, 2023
    $7,500,000
    Location Intelligence
    Property ID
    US38-1095561
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Reas Transportation / Transportation Service

    Property Details for 31 Sterling Rd

    Year built
    1981
    Construction
    STEEL FRAME
    Lot size
    5.63 lot acres
    Property size
    10,000 SF
    Zone code
    5
    Property type
    Truck terminals
    APN
    BILL M:0038 B:0030 L:1
    APU
    BILLM0038B0030L1

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,710,000

    • CAP approach

      CAP return
      Estimation
      6%
      $8,240,000
      6.5%
      $7,545,000
      7%
      $7,745,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,965,000
      Geo Method
      $6,500,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $8,110,000
      Retail
      $8,215,000
      Mixed-Use
      $7,425,000
      Hospitality
      $6,690,000
      Educational
      $8,270,000
      Residential Income
      $6,520,000
      Energy
      $8,115,000
      Income-Based Land
      $6,235,000
      Food Service
      $7,705,000

    Location Insight

    • Map
    • Local Demand
    City
    North Billerica
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.308
    Latitude
    42.5705
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $53,462
    $1,574,400
    $556,400
    $2,130,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,005,000
      6,000 SF

      9 Sterling Rd

      TRUCK TERMINAL (MOTOR FREIGHT) • 6,000 SF
      9 Sterling Rd, North Billerica, MA 01862-2518
      View Details
    • Value Estimation by Request
      69,250 SF

      146 Rangeway Rd

      Distribution properties • 69,250 SF
      146 Rangeway Rd, Billerica, MA 01862
      View Details
    • Value Estimation by Request
      40,345 SF

      1400 Iron Horse Park

      Distribution properties • 40,345 SF
      1400 Iron Horse Park, Billerica, MA 01862
      View Details
    • Value Estimation by Request
      22.92 Acres

      14 Sterling Rd

      INDUSTRIAL (GENERAL) • 22.92 Acres
      14 Sterling Rd, North Billerica, MA 01862-2511
      View Details
    • Value Estimation by Request
      22.50 Acres

      331 Treble Cv Rd

      INDUSTRIAL (GENERAL) • 22.50 Acres
      331 Treble Cv Rd, North Billerica, MA 01862-2849
      View Details
    • Value Estimation by Request
      2,888 SF

      38 Sullivan Rd

      WAREHOUSE, STORAGE • 2,888 SF
      38 Sullivan Rd, North Billerica, MA 01862-2001
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      38,900 SF

      Industrial Building For Sale/Lease

      38,900 SF free-standing industrial building available for sale or lease.
      13 Sterling Rd, North Billerica, MA 01862
      View Details
    • $775,000
      3,706 SF

      Industrial Warehouse Condo For Sale

      3706 SF industrial warehouse condo with mezzanine office.
      34 Sullivan Rd, North Billerica, MA 01862
      View Details
    • $1,200,000

      Versatile Retail Units in Billerica

      Adaptable retail property in high-traffic area, suitable for investors.
      295 Boston Rd, Billerica, MA 01862
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale in North Billerica, Massachusetts.
      184 Boston Rd, North Billerica, MA 01862
      View Details
    • $679,900

      Standalone Condo Building Second Floor

      Two office suites totaling 4,608 SF for sale.
      3 Survey Cir, Billerica, MA 01862
      View Details
    • $899,000

      Fully Tenanted Three-Family Property

      Three-family property in Billerica with strong rental income.
      38-40 Talbot Ave, Billerica, MA 01862
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,411 SF

      Flex/R&D/Office Space Available

      450,000 SF flex/R&D/office space for growing companies.
      101 Billerica Ave, North Billerica, MA 01862
      View Details
    • $16 SF/Yr
      4,558 SF

      Flex/Lab Space in Forest Ridge

      Office, flex, and lab space minutes from Route 3.
      85 Rangeway Rd, North Billerica, MA 01862
      View Details
    • $13 SF/Yr
      5,655 SF

      Billerica Flex Park Space Available

      Two-building flex park totaling 69,250 SF for lease.
      144-148 Rangeway Rd, Billerica, MA 01862
      View Details
    • Contact for pricing
      61,795 SF

      Billerica Executive Office Space

      7,700 SF Flex Space Available Now
      267 Boston Rd, Billerica, MA 01862
      View Details
    • $3,200 /Mo

      Renovated Flex Space Available

      Renovated flex space suitable for various business needs.
      71 Faulkner 120, Billerica, MA 01862
      View Details
    • $1,500 /Mo

      Renovated Flex Space Available

      Renovated flex space suitable for various contractors.
      71 Faulkner 110, Billerica, MA 01862
      View Details
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    31 Sterling Rd
    North Billerica, MA 01862-2518
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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