365 Codman Hl Rd Boxboro, MA 01719
This exceptional 5.77-acre industrial land parcel presents a unique investment opportunity in Boxborough, Massachusetts. Located in Middlesex County, at 365 Codman Hill Road, zip code 01719, this property boasts a commercially zoned lot, offering significant potential for various industrial uses. The land is situated conveniently near Route 111 and I-495, providing easy access to major transportation arteries. While the total acreage is 5.77 acres, approximately 1 acre is currently considered usable, with potential for future expansion on the remaining land. The property features an existing concrete slab and approximately 464 feet of frontage. The current lease on the property expires June 5th, 2025, leaving a remaining lease term of approximately 0.5 years. This property spans two parcels, extending into Harvard, MA. Its strategic location and ample space make it an ideal site for a contractor's yard, landscaper's depot, or similar industrial operations. The commercial zoning ensures flexibility for a range of development possibilities. This is a rare opportunity to acquire a well-positioned industrial land parcel with significant growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Boxboro, MABoxboro. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.