Property profile

487-489 Groton Rd Westford, MA 01886

OFF-MARKET
Industrial properties
Property ID
US38-0524741
11,744 SF 0.98 ac lot Built 1986
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1986
Construction STEEL FRAME
Total area 11,744 SF
Lot 0.98 ac (42,584 SF)
Zoning code IA
APN WFOR M:0046.0 P:0021 S:0000
UPID US38-0524741

Cap rate & NOI

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

Location

487-489 Groton Rd Westford, MA 01886
Westford metro Census 318100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.70M
CAP Approach CAP
$1.92M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.70M

Owner & transaction history

since 2024
Last sale
$1.7M
7 recorded transactions
2024
$1.7M
2014
Price N/A
2008
$1.2M
2004
Price N/A
2000
Price N/A
1999
Price N/A
1994
Price N/A

Zoning & alternative use

IA · Westford, MA
Zoning description

The intent of the zone to promote Industrial District

General category INDUSTRIAL
Top alternative use upside
Apartment house (5+ units) $2.7M +50.1%

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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