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    40 Speen St Framingham, MA 01701
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    Property profile & analytics

    40 Speen St Framingham, MA 01701


    • Office buildings
    • 33,438 SF
    • 1.37 lot acres
    Framingham Office Space For Rent For Lease
    $28 SF/Yr
    3,400 SF

    Framingham Office Space For Rent

    Office space in prime Metrowest corporate area with superb access.

    40 Speen St, Framingham, MA
    View Listing
    Property ID
    US38-1773370
    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.

    Value Estimations
    $3,875,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Drouilhet Ann E / Medical Clinic
    • Northeast Investment Advisors / Financial Advisor
    • Vickers Michael I / Physician / Medical Clinic
    • Samantha White / Foster Care Service / Social Service Agency
    • peaceful soul counseling / Counselor

    Property Details for 40 Speen St

    Year built
    1980
    Construction
    STEEL FRAME
    Lot size
    1.37 lot acres
    Property size
    33,438 SF
    Zone code
    M
    Property type
    Office buildings
    APN
    FRAM M:072 B:68 L:0704 U:000
    APU
    FRAMM072B68L0704U000

    Description

    40 Speen Street in Framingham, MA offers exceptional executive office space in a highly desirable location. This four-story building totals 32,673 square feet, with 13,184 square feet currently vacant and available for lease. Multiple tenancy options exist, accommodating spaces ranging from a minimum of 1,536 square feet to a maximum contiguous space of 9,311 square feet. The building features ample natural light thanks to a good window line, and tenant improvements are possible, allowing for customization to meet specific business needs. Conveniently located in the Natick/Framingham submarket of Middlesex County, this property boasts superb access to major transportation arteries, including Route 9, Route 30, and the Mass Pike (Exit 117). The building includes elevators for easy access to all floors. Parking is available at a ratio of 4 spaces per 1,000 square feet. Enjoy the benefit of proximity to the Natick Mall, offering a wide array of dining, shopping, and entertainment options for employees and clients. This is an outstanding opportunity to establish a presence in a thriving MetroWest corporate office area. The property's address is 40 Speen Street, Framingham, MA 01701.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,705,000
      ML approach
      $3,765,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,896,000
      Market price range: $3.70M - $6.95M
      AI Estimate
      $2,818,000
      Market price range: $600k - $6.14M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $5,260,000
      Current use
      COMMERCIAL (GENERAL)
      $5,780,000
      Change: +10% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $5,135,000
      Change: -2% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Framingham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3897
    Latitude
    42.312
    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
    $104,598
    $793,700
    $3,322,700
    $4,116,400
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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