Office Units with Flexible
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1 Maple St # 1A, Milford, MA 01757
Professional workspace includes private offices, open work areas, conference rooms, and a reception area.
Property Size3,850 SF
Price / SF$0.01
Days on Market608
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Property Features for 1 Maple St # 1A
General Information
Standard status
Active
Size
3,850 SF
Property subtype
Commercial
Zoning
IB
Lease Type
Net
Taxes and HOA fees
Annual Taxes
$67,511
Amenities
high-speed internet capability
energy-efficient lighting
advanced climate control
ample storage
Eco Friendly
Building Details
Building Size
3,850 SF
Year Built
2005
Listing Agency:
Afonso Real Estate
(508) 478-7286
Listed By:
Marc F. Schaen · License #449546141
(508) 904-1942
Source:
Churchillprop
Added: Feb 14, 2025
Changed: Oct 6
Last Checked: Oct 14 at 9:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Afonso Real Estate
Investment Insights
Based on property information with market context.
This 3,850-square-foot office property at 1 Maple St # 1A in Milford, Massachusetts, was built in 2005 and is zoned IB. The interior combines private offices, open work areas, conference rooms, a reception area, storage, and shared break and lounge spaces. Expansive windows, high ceilings, neutral finishes, and energy-efficient lighting provide a clean, functional setting for day-to-day operations.
Additional features include high-speed internet capability, climate control, secure access, and on-site parking. The layout supports a mix of individual workspaces and collaborative areas within a professional office environment.
Additional features include high-speed internet capability, climate control, secure access, and on-site parking. The layout supports a mix of individual workspaces and collaborative areas within a professional office environment.
Key Highlights
- 3,850‑square‑foot office property at 1 Maple St # 1A, Milford, MA 01757
- IB zoning
- Built in 2005
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,166
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,403,320
$1.4M
Cap Rate 7%
$1,002,371
$1.0M
Cap Rate 9%
$779,622
$779.6K
Market Conditions
NOI Build-Up for 3,850 SF
Gross rent
$115.5K $30.00/SF
− Vacancy
−$21.9K −$5.70/SF
EGI
$93.6K $24.30/SF
− OpEx
−$23.4K −$6.08/SF
NOI
$70.2K $18.23/SF
Area
Worcester County, MA
Vacancy
19.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,403,320
Cap Rate 7%
$1,002,371
Cap Rate 9%
$779,622
Alternative Uses
Best Use
Office B
$1.00M
$877.1K – $1.17M
NOI $70,166 @ 7.0% cap · market cap 350,830.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $92,030 @ 7.0% cap · market cap 460,150.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
282
Businesses Nearby
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Business Placement
Demographics for 01757, MA
30,479
Population
11,833
Households
2.6
Avg Household Size
40
Median Age
34%
College-Educated
87%
High-School Grad
15.1 sq mi
ZIP Area
2,018
Density / Sq Mi
$92,951
Median Household Income
$47,975
Median Earnings
$1,702
Median Rent
$444,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Professional workspace includes private offices, open work areas, conference rooms, and a reception area.
Where is this office units located?
The property is located at 1 Maple St # 1A Milford, MA.
What are key features of this property?
This property features: 3,850‑square‑foot office property at 1 Maple St # 1A, Milford, MA 01757; IB zoning; Built in 2005
