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5 Lan Dr Westford, MA 01886

FOR LEASE
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Property ID
US38-1694633
35,630 SF Built 2000
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon
5 Lan Dr, Westford, MA 01886 For Lease 1 / 8
Contact for pricing 13,000 SF available
5 Lan Dr, Westford, MA 01886
View Listing

Property summary

AI-generated overview

This exceptional 38,000 square foot flex space, situated on a 0.87-acre lot in Middlesex County, offers a unique opportunity for businesses seeking versatile industrial or office space. The property, constructed in 2000, is a Class B building featuring one three-story structure with a 24-foot ceiling height. Currently, 12,570 square feet is available for lease, offering significant flexibility for various needs. The available space is divided between the second and third floors. The second…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$50k
Tax billed · 2024
Assessed value$3.67M
Assessed improvement$3.67M
Effective rate1.38%

Value estimate

· Nov 2026
$3.28M
$2.95M – $3.61M
Submarket $/SF estimate$3.64M
NOI build-up
Gross scheduled income$106k
Vacancy & credit loss−$7k
Operating expenses−$35k
NOI$64k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$117/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$96 – $147
Qualifying comparables5

Cap rate analysis

How does the asset earn?
$64k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CH
The intent of the zone to promote Commercial Highway District
General categoryCOMMERCIAL
JurisdictionWESTFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.3
Auto Repair Shop10.2
Auto Parts Store9.8

Location

5 Lan Dr Westford, MA 01886
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6 Lyberty Way, Westford, MA 01886-3642 $435,000 Dec 2025 2,984 SF
238 Littleton, Westford, MA 01886-3529 $3,600,000 Jan 2025 49,386 SF
234 Littleton Rd Ste 2a, Westford, MA 01886-3548 $335,000 Jul 2024 2,148 SF
288 Littleton Rd, Westford, MA 01886-3527 $160,000 Nov 2023 1,183 SF
239 Littleton, Westford, MA 01886-3598 $6,000,000 Dec 2022 57,824 SF
323 Littleton, Westford, MA 01886-4140 $610,000 Feb 2019 2,254 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $3,640,000
    52,463 SF
    210 Littleton Rd
    OFFICE BUILDING
    210 Littleton Rd, Westford, MA 01886-3580
    View Details
  • Value Estimation
    $1,130,000
    15,600 SF
    190 Littleton Rd
    OFFICE BUILDING
    190 Littleton Rd, Westford, MA 01886-3553
    View Details
  • Value Estimation
    $940,000
    12,800 SF
    3 Littleton Rd
    OFFICE BUILDING
    3 Littleton Rd, Westford, MA 01886-3158
    View Details
  • Value Estimation
    $460,000
    4,920 SF
    200th Littleton Rd200a
    CONDOMINIUM OFFICES
    200th Littleton Rd200a, Westford, MA 01886-3513
    View Details
  • Value Estimation
    $445,000
    4,684 SF
    70 Broadway St
    OFFICE BUILDING
    70 Broadway St, Westford, MA 01886-2148
    View Details
  • Value Estimation
    $545,000
    4,388 SF
    200 Littleton Rd
    CONDOMINIUM OFFICES
    200 Littleton Rd, Westford, MA 01886-3537
    View Details

Similar Nearby for Sale

  • New
    Contact for pricing
    12,588 SF
    Office Building with Loading Docks
    Accessible office suites offer kitchenette, conference, and open work areas, with options to combine two first-floor spaces.
    238 Littleton Road, Westford, MA 01886
    View Details
  • New
    Contact for pricing
    3,028 SF
    Second-Floor Office Suite
    Elevator service connects this flexible office layout to the building’s second floor.
    235 Littleton Rd #6, Westford, MA 01886
    View Details
  • $229,900
    1,136 SF
    Office Condominium with Balcony
    Professional suite combines private offices, a conference room, reception space, and abundant natural light.
    319 Littleton Rd Unit 306, Westford, MA 01886
    View Details
  • New
    Contact for pricing
    738 SF
    First-Floor Office Unit
    Ground-level office suite positioned by the building entrance with an enclosed office opening toward the reception area.
    3 Lan Dr Unit 103, Westford, MA 01886
    View Details
  • Contact for pricing
    592 SF
    Second-Floor Office Suite
    Second-floor office space with open layout and private restroom, with option to use existing furniture.
    288 Littleton Rd # 28, Westford, MA 01886
    View Details
  • Contact for pricing
    592 SF
    Second-Floor Office Suite
    The suite has two private offices, an open reception area, and a restroom.
    288 Littleton # 23, Westford, MA 01886
    View Details

Similar Nearby for Lease

  • Contact for pricing
    40,092 sqft
    Office Building 2
    Office space is available for sublease within Building 2.
    5 Carlisle Rd, Westford, MA 01886
    View Details
  • New
    Contact for pricing
    25,777 sqft
    Westford Office Sublease Opportunity
    Office space available for sublease in Westford, Massachusetts.
    10 Technology Park Dr, Westford, MA 01886
    View Details
  • New
    Contact for pricing
    97,500 sqft
    Mixed-Use Office Campus
    Mixed-use office setting with three on-site cafes and two fitness centers.
    4 Technology Park Drive, Westford, MA 01886
    View Details
  • New
    $350/Mo
    12,588 sqft
    Office Suites with Loading Dock Access
    First-floor suites include kitchenette, conference, and bullpen areas, with accessible entry throughout.
    238 Littleton Road, Westford, MA 01886
    View Details
  • Contact for pricing
    10,000 sqft
    Office Units at Three Carlisle
    Office accommodation is available for sublease with flexible suite sizing.
    3 Carlisle Rd, Westford, MA 01886
    View Details
  • New
    Contact for pricing
    100,000 sqft
    Single-Story Office R&D Facility
    Single-story office/R&D building with office and open production space, card access, cafeteria, and 150 KWA emergency generator.
    10 Lyberty Way, Westford, MA 01886
    View Details
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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