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Property profile & analytics

60 Codman Hl Rd Boxboro, MA 01719-1737

  • Life science properties
  • 75,163 SF
  • 9.09 lot acres
OFF-MARKET
Value Estimation
$3,860,000
Last Sale
Dec 09, 2021
$4,089,443
Location Intelligence
Property ID
US38-0433765
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.

Current Use by Public Records

  • Life science properties

Property Details for 60 Codman Hl Rd

Year built
1986
Construction
STEEL FRAME
Lot size
9.09 lot acres
Property size
75,163 SF
Zone code
C
Property type
Life science properties
APN
BOXB M:12 B:004 L:000
APU
BOXBM12B004L000

Description

This exceptional 72,500-square-foot flex space property presents a unique investment opportunity in Boxborough, Massachusetts. Situated on a generous 9.09-acre lot, the single-tenant building offers ample space for a variety of industrial and flex uses. The high ceilings, measuring 26 feet, provide significant vertical clearance, ideal for warehousing or manufacturing operations. The property boasts substantial power capacity with a 3,000-amp, 480-volt service, ensuring sufficient energy for demanding businesses. Ample parking is available with 319 spaces provided on-site. The property is zoned for industrial use, offering flexibility for various business types. Located at 60 Codman Hill Rd, Boxborough, MA 01719, in Middlesex County, this property benefits from convenient access to major transportation routes (specific details not provided). The entire 72,500 square feet is currently vacant, presenting a blank canvas for a new tenant to customize the space to their specific needs. This is a rare opportunity to acquire a substantial industrial property in a desirable location with significant potential for growth and return on investment. The property's size, power capacity, and parking make it suitable for a wide range of businesses seeking a modern and efficient workspace.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $3,870,000
  • CAP approach

    CAP return
    Estimation
    6%
    $4,205,000
    6.5%
    $3,860,000
    7%
    $3,980,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $4,245,000
    Geo Method
    $3,985,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $3,570,000
    Retail
    $3,285,000
    Mixed-Use
    $3,525,000
    Hospitality
    $3,945,000
    Educational
    $3,510,000
    Residential Income
    $3,045,000
    Energy
    $2,980,000
    Income-Based Land
    $4,145,000
    Food Service
    $3,900,000

Location Insight

  • Map
  • Local Demand
City
Boxboro
County
Middlesex
State
Massachusetts
Longitude
-71.5484
Latitude
42.4853
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
$63,775
$1,109,500
$3,145,000
$4,254,500
-
$0.00
$0.00
$0.00
More about this property
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