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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Life science properties
34 Commerce Way, Woburn, MA 01801-1294
Individually Owned
28-yr Hold
Free & Clear
Property ID
US38-0661083
Property summary
AI-generated overview
This Middlesex County property at 34 Commerce Way offers 58,500 square feet of versatile industrial space, ideal for manufacturing, flex, R&D, commercial, lab, or office uses. The Class B building, constructed in 1976 and renovated in 1998, currently has 1,530 square feet of vacant space available. Multiple tenancy options exist, with spaces ranging from a minimum of 237 square feet to a maximum contiguous space of 933 square feet. This presents a unique opportunity for businesses seeking flexible and adaptable workspaces in a well-maintained building. The property's location in Middlesex County provides convenient access to major transportation routes and amenities. The building's adaptable layout and recent renovations make it suitable for a variety of businesses. Whether you need a small, efficient workspace or a larger, contiguous area, this property offers the flexibility to meet your specific needs. Contact us today to learn more about the available spaces and schedule a viewing. Don't miss this chance to secure your ideal workspace in this prime Middlesex County location.
Property profile
Verified
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
56,254 SF
Lot
1.8 ac (78,408 SF)
Zoning code
I-P
APN
WOBU M:20 B:01 L:04 U:00
UPID
US38-0661083
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
-
Cytrellis Biosystems, Inc. Production Facility Factory
-
SamsLivExpress,LLC- Limousines and Airport Car Service Airport Shuttle Service Chauffeur Service
-
EVPassport Charging Station Electric Vehicle Charging Station
-
QSM Diagnostics Laboratory
-
Active Surfaces Inc. Research And Product Development
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$630k
Owner & transaction history
Sudbury Research Ctr · 28 yrs held
Sudbury Research Ctr
since 1998
1 recorded transaction
Zoning & alternative use
I-P · Woburn, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Woburn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woburn submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$11 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$101,925
Tax year 2024
Assessed value
$5,168,600
Assessed 2024
Previous assessed
$11,061,700
-53.3% YoY
Effective rate
1.97%
On assessed value
Assessed land
$870,500
Assessed improvement
$4,298,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Life science properties
Use group
R&D FACILITY, LABS, PHARMA
Status
Off-Market
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Total area
56,254 SF
Lot
1.8 ac (78,408 SF)
Zoning code
I-P
APN
WOBU M:20 B:01 L:04 U:00
UPID
US38-0661083
Jurisdiction
WOBURN
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
I-P · Woburn, MA
Zoning I-P · permitted uses
I-P · Woburn, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woburn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Lot
1.8 ac
Current owner
From public records · entity-resolved
Sudbury Research Ctr
Individual
Free & Clear · 28 yrs held
Mailing address
200 W CUMMINGS PARK, WOBURN, MA 01801-6333
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 1998
$2,000,000
Sudbury Research Ctr
Destefano RT
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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