Property profile

321 Billerica Rd Chelmsford, MA 01824

OFF-MARKET
Life science properties
Property ID
US38-2176222
70,498 SF 4.93 ac lot Built 1985
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Chelmsford, MA property offers a prime opportunity for medical or office users. Located off Route 3, the Chelmsford Medical and Surgical Center is a two-story, 72,050 square foot building providing convenient access to dining and shopping, including the nearby Pressed Cafe. Currently, two flexible spaces are available on the second floor, ranging from 6,392 to 6,570 square feet. This space is part of a larger 12,962 square foot area, easily subdividable to accommodate various business needs. The second floor is serviced by both freight and passenger elevators, ensuring efficient operations. The building's location in Middlesex County offers excellent accessibility and visibility. The property is professionally managed, providing peace of mind for tenants. This is an ideal location for businesses seeking a modern, well-maintained space in a thriving community. The flexible layout and convenient amenities make this property a truly attractive option for a variety of medical and office users. The building's size and layout offer significant potential for expansion or customization. This is a rare opportunity to secure high-quality space in a desirable location. Interested parties should inquire for further details and availability.

Property profile

Verified
Property type Life science properties
Use group R&D FACILITY, LABS, PHARMA
Year built 1985
Construction STEEL FRAME
Total area 70,498 SF
Lot 4.93 ac (214,751 SF)
Zoning code IA
APN CHEL M:0087 B:0328 L:4
UPID US38-2176222

Cap rate & NOI

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

Location

321 Billerica Rd Chelmsford, MA 01824-4169
Chelmsford metro Census 317102 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.25M

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2025
$9.0M
2021
Price N/A
2015
$6.3M
2005
$9.0M
1999
$5.9M
1994
$1.9M

Zoning & alternative use

IA · Chelmsford, MA
Zoning description

These are areas that are primarily used for office, research development, manufacturing and warehousing.

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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