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    Property profile & analytics

    7 Technology Dr North Chelmsford, MA 01863-2457

    • Office buildings
    • 17,460 SF
    • 2.31 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Last Sale
    Apr 02, 2020
    $270,000
    Location Intelligence
    Property ID
    US38-0367291
    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

    • Office buildings

    Property Details for 7 Technology Dr

    Year built
    1999
    Construction
    STEEL FRAME
    Lot size
    2.31 lot acres
    Property size
    17,460 SF
    Zone code
    IA
    Property type
    Office buildings
    APN
    CHEL M:0027 B:0101 L:2
    APU
    CHELM0027B0101L2

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $340,000
      6.5%
      $330,000
      7%
      $305,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $290,000
      Geo Method
      $315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $295,000
      Retail
      $270,000
      Mixed-Use
      $370,000
      Hospitality
      $335,000
      Educational
      $335,000
      Residential Income
      $325,000
      Energy
      $355,000
      Income-Based Land
      $280,000
      Food Service
      $355,000

    Location Insight

    • Map
    • Local Demand
    City
    North Chelmsford
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3646
    Latitude
    42.6267
    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
    $49,669
    $438,900
    $2,445,500
    $2,884,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,824 SF

      109 Tyngsboro Rd

      OFFICE BUILDING • 5,824 SF
      109 Tyngsboro Rd, North Chelmsford, MA 01863-1323
      View Details
    • Value Estimation
      $3,615,000
      25,829 SF

      11 School St

      OFFICE BUILDING • 25,829 SF
      11 School St, North Chelmsford, MA 01863-2129
      View Details
    • Value Estimation by Request
      8,800 SF

      10-12 Adams St

      OFFICE BUILDING • 8,800 SF
      10-12 Adams St, North Chelmsford, MA 01863
      View Details
    • Value Estimation
      $235,000
      1,263 SF

      91 Tyngsboro Rd

      OFFICE BUILDING • 1,263 SF
      91 Tyngsboro Rd, North Chelmsford, MA 01863-1322
      View Details
    • Value Estimation by Request
      3,952 SF

      106 Tyngsboro Rd

      OFFICE BUILDING • 3,952 SF
      106 Tyngsboro Rd, North Chelmsford, MA 01863-1301
      View Details
    • Value Estimation
      $250,000
      2,976 SF

      20 Dunstable Rd

      OFFICE BUILDING • 2,976 SF
      20 Dunstable Rd, North Chelmsford, MA 01863-1413
      View Details

    Similar Nearby for Lease

    • Contact for pricing
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      Chelmsford, MA retail opportunity.
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      View Details
    • $12 SF/Yr

      7,500 SF Warehouse Available

      Warehouse space for rent featuring tailboard loading.
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      View Details
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    7 Technology Dr
    North Chelmsford, MA 01863-2457
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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