Property profile

59 Central Sq 61 Chelmsford, MA 01824

OFF-MARKET
Retail properties & Spaces
Property ID
US38-1383423
6,289 SF 0.28 ac lot Built 1930
Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1930
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,289 SF
Lot 0.28 ac (12,197 SF)
Zoning code CV
APN CHEL M:0073 B:0322 L:11
UPID US38-1383423

Cap rate & NOI

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

Location

59 Central Sq, Unit 61 Chelmsford, MA 01824-3055
Chelmsford metro Census 317101 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
$925k

Owner & transaction history

since 2019
4 recorded transactions
2019
$1.0M
2017
Price N/A
2010
Price N/A
1989
Price N/A

Zoning & alternative use

CV · Chelmsford, MA
Zoning description

This district is for maintaining downtown village character.

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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