91 Middlesex TpkeBurlington, MA 01803

  • Retail properties
  • 28,905 SF
For Lease

Property Details for 91 Middlesex Tpke

Year built
1992
Construction
STEEL FRAME
Lot size
2.29 AC
Property size (Sq ft)
28,905 SF
Zone code
BG
Property type
Retail properties
Property subtype
Super regional malls
APN
BURL M:000045 P:000029
APU
BURLM000045P000029

Description

This exceptional retail space, located at 91 Middlesex Turnpike in Burlington, Massachusetts, offers 1,255 square feet of versatile commercial space currently available for lease. The property is situated in Middlesex County, zip code 01803, and boasts a prime location with excellent visibility and accessibility. The building itself is a multi-tenant property, providing a vibrant and collaborative environment. The ample parking available to tenants and their customers is a significant advantage, with a total of 271 parking spaces readily accessible. This presents a unique opportunity for businesses seeking a well-located, spacious retail space in a thriving community. The entire 1,255 square feet is currently vacant, allowing for complete customization to suit the needs of a new tenant. The property's classification is retail commercial, making it ideal for a wide range of businesses. Its location in Burlington, MA offers easy access to major transportation routes and a strong customer base. The property is ready for immediate occupancy, providing a seamless transition for businesses looking to establish or expand their operations. Interested parties are encouraged to inquire further to explore this exciting leasing opportunity. The property's address is 91 Middlesex Turnpike, Burlington, MA 01803.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,024,924
    6.5%
    $6,484,546
    7%
    $6,021,364
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,517,353
    Geo Method
    $9,517,353
  • Alternative Use

    Use
    Valuation
    Residential
    $5,469,956
    Hospitality
    $5,010,451
    Educational
    $4,168,636
    Medical
    $4,312,002
    Retail
    $6,484,546
91 Middlesex Tpke, Burlington, Massachusetts

Location Insight

City
Burlington
County
Middlesex
State
Massachusetts
Latitude
42.485
Longitude
-71.2192
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
$269,614
$2,150,900
$8,295,200
$10,446,100
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