10 Walnut Hill ParkWoburn, MA 01801

For Lease
$11.90/SF/YR View listing
  • Office buildings
  • 8,913 SF

Property Details for 10 Walnut Hill Park

Year built
1989
Construction
FRAME
Lot size
0.40 AC
Property size (Sq ft)
8,913 SF
Zone code
I-G
Property type
Office buildings
APN
WOBU M:38 B:08 L:05 U:00
APU
WOBUM38B08L05U00

Description

This exceptional office property at 10 Walnut Hill Park in Woburn, Massachusetts, offers a variety of flexible spaces ideal for businesses seeking a convenient and well-equipped location. Situated in the desirable Boston North submarket of Middlesex County, this property provides easy access to major transportation arteries, with Route 93 approximately 1.3 miles away and Route 95/128 just 1.1 miles distant. The building features multiple tenancy options, catering to diverse business needs. Currently available are two distinct office suites. Unit 9, a 883 square foot space located on the third floor, comprises two rooms and is accessible via a walk-up entrance. This unit is immediately available. Alternatively, Unit 5 offers a more substantial 1,550 square foot space on the second floor, featuring five rooms and the unique advantage of a private, direct entrance to an elevated rear parking lot. This unit also boasts direct access from a loading platform with double-door entry. Both units benefit from shared daytime parking and common restrooms within the building. The property is classified as both Traditional and Creative Office space, offering a versatile environment suitable for a range of businesses. The property's address is 10 Walnut Hill Park, Woburn, MA 01801. Inquire today to secure your ideal workspace.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,473,585
    6.5%
    $1,360,232
    7%
    $1,263,073
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,164,573
    Geo Method
    $1,164,573
  • Alternative Use

    Use
    Valuation
    Residential
    $1,686,688
    Hospitality
    $1,544,997
    Educational
    $1,285,420
    Medical
    $1,329,627
    Retail
    $1,999,542
10 Walnut Hill Park, Woburn, Massachusetts

Location Insight

City
Woburn
County
Middlesex
State
Massachusetts
Latitude
42.4881
Longitude
-71.131
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
$21,114
$207,500
$863,200
$1,070,700
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