24 Maple RdChelmsford, MA 01824

Property Details for 24 Maple Rd

Year built

1957

Construction

FRAME

Lot size

1.87 AC

Property size (Sq ft)

5,750 SF

Zone code

CB

Property type

Showrooms

APN

CHEL M:0116 B:0463 L:1

APU

CHELM0116B0463L1

Description

This exceptional 9,000+ square foot retail storefront, situated on a generous 1.87-acre lot at 24 Maple Road in Chelmsford, Massachusetts, presents a compelling investment opportunity. Currently operating as a thriving garden center and pet supply store, the property offers significant potential for a variety of uses. Its strategic location provides convenient access to major roadways, including Route 27/Acton Road, and enjoys proximity to local amenities such as Byam School and Hart Pond. A key advantage is its direct abutment to the Bruce Freeman Rail Trail, a 25-mile recreational path attracting significant foot traffic. The property's CB zoning allows for diverse commercial applications, including but not limited to retail, office, medical facilities (animal clinic or hospital), restaurants, banking, and indoor contractor shops. The asking price is $1,700,000, translating to $188.89 per square foot. This property offers a unique blend of established business potential and versatile zoning, making it an ideal investment in a desirable Massachusetts location. The expansive lot size provides ample space for expansion or future development. Serious inquiries are encouraged. The property is located in Middlesex County, MA, zip code 01824.

• CAP approach

  CAP return

  Valuation

  6%

  $1,397,451

  6.5%

  $1,289,954

  7%

  $1,197,815

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,893,263

  Geo Method

  $1,893,263

• Alternative Use

  Use

  Valuation

  Residential

  $1,088,125

  Hospitality

  $996,717

  Educational

  $829,256

  Medical

  $857,776

  Retail

  $1,289,954

Location Insight

City

Chelmsford

County

Middlesex

State

Massachusetts

Latitude

42.5706

Longitude

-71.3809

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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