Property profile

Research Pl Chelmsford, MA 01824

OFF-MARKET
Hotels
Property ID
US38-0105296
69,619 SF 2.85 ac lot Built 1998
Entity Owned 16-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1998
Construction FRAME
Total area 69,619 SF
Lot 2.85 ac (124,146 SF)
Zoning code CB
APN CHEL M:0032 B:0101 L:2
UPID US38-0105296

Cap rate & NOI

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

Location

Research Pl Chelmsford, MA 01824
Chelmsford metro Census 317301 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$680k
CAP Approach CAP
by Request
Comparable Approach Comparable
$480k
Blend (final) Blend
$580k

Owner & transaction history

since 2009
4 recorded transactions
2009
$4.4M
2009
Price N/A
1999
Price N/A
1998
$450,000

Zoning & alternative use

CB · Chelmsford, MA
Zoning description

These are general commercial districts which are high traffic generators. Included are such uses as automotive repair, open lot sales, wholesale business, retail and offices and so on.

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Research Pl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message