Golden Opportunity to acquire 41.24 acres of undeveloped land located in Boston’s heavily traveled Technology Corridor at I-93/
Route 125.
The offering consists of five parcels of land located east of Interstate 93 Northbound, Exit 41 off-ramp and south of Ballardvale Street
(Route 125) in Wilmington, Massachusetts and has ample frontage to I-93.
Property features 16.3 acres of developable upland and a contiguous 9 acres of developable upland along I-93 and Rte 125 frontage.
Property is ideally situated between residential and commercial zones. The size and location make it ideal for many uses such as:
• Residential subdivision
• Mixed-use development
• Multifamily
• Education
• Last-mile distribution facility
The land is adjacent to several million square feet of office, industrial, R&D, and residential space. It is right across the street from a new 138,500 SF Target and retail center in the Ballardvale Street Business District and the 550,000 SF Ballardvale Office Park home to Osram Sylvania’s 125,000 SF new, regional headquarters.
15 miles north of Boston, Wilmington is known as a hub for industry-leading tech and manufacturing companies. The town of Wilmington is a strong Demographic Area with an Average HH Income of $122,813, median age of 41.4, and Median Home value of $473,800.
The development will service the office and industrial business population and residents in the immediate area as well as the strong middle-to-high income communities of Andover, Wilmington, Reading, North Andover, North Reading, and Tewksbury.
Alex Stevenson
Surlamer Investments
