Property profile

41 Drum Hl Rd 65 Chelmsford, MA 01824

OFF-MARKET
Super regional malls
Property ID
US38-0718371
28,058 SF 3.1 ac lot Built 1964
Entity Owned 25-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1964
Construction STEEL FRAME
Total area 28,058 SF
Lot 3.1 ac (135,036 SF)
Zoning code CB
APN CHEL M:0027 B:0101 L:6
UPID US38-0718371

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bank Loan Service
  • Financial Advisor

Location

41 Drum Hl Rd, Unit 65 Chelmsford, MA 01824-1503
Chelmsford metro Census 317301 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.36M

Owner & transaction history

since 2001
1 recorded transaction
2001
Price N/A

Zoning & alternative use

CB · Chelmsford, MA
Zoning description

These are general commercial districts which are high traffic generators. Included are such uses as automotive repair, open lot sales, wholesale business, retail and offices and so on.

General category COMMERCIAL

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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