Building Details

Year Built 1986

Listing Agency: Coldwell Banker Realty - Worcester Show Phone

Listed By: Brandon O'Neal · License #K8000689 Show Phone

Source: Lockandkeyre

Added: Jul 14 Changed: Oct 19 Last Checked: Oct 19 at 11:10AM

Report an Issue

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 Coldwell Banker Realty - Worcester

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This industrial/flex building offers a functional mix of warehouse, manufacturing, and office space. Warehouse areas include clear-height space, with loading dock access and heavy electrical service. Compressed air infrastructure is also available, and office space is provided on two levels. The building is divisible, supporting a range of operational layouts and tenant requirements.

The property is located just off Route 146, providing convenient access to Worcester, Providence, and major regional corridors including I-90 (Mass Pike) and I-395. Ample on-site parking and efficient truck access support everyday loading and employee vehicle traffic for industrial users.

As a versatile facility, the space combines operational warehouse/manufacturing capabilities with dedicated office areas, making it suitable for contractors, light manufacturing, warehousing, distribution, and service-oriented industrial businesses seeking flexible configuration.

Key Highlights

• Versatile ±100,000 SF industrial/flex building with warehouse, manufacturing, and two levels of office space
• Includes loading dock access and clear‑height warehouse space
• Heavy electrical service and compressed air infrastructure in the building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$82,158

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,643,160 $1.6M

Cap Rate 7%

$1,173,686 $1.2M

Cap Rate 9%

$912,867 $912.9K

What to ask about pricing

Market Conditions

NOI Build-Up for 9,000 SF

Gross rent

$124.2K $13.80/SF

− Vacancy

−$6.8K −$0.76/SF

EGI

$117.4K $13.04/SF

− OpEx

−$35.2K −$3.91/SF

NOI

$82.2K $9.13/SF

Area

Worcester County, MA

Vacancy

5.50%

Lease Rate

$13.80 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,643,160

Cap Rate 7%

$1,173,686

Cap Rate 9%

$912,867

Alternative Uses

Best Use

Warehouse

$1.50M

$1.31M – $1.75M (±1% cap)

NOI $104,872 @ 7.0% cap · market cap 873,933.33%

Second Best

Flex RnD

$1.41M

$1.24M – $1.65M (±1% cap)

NOI $98,982 @ 7.0% cap · market cap 824,850.00%

Theoretical Best

Office A

$3.07M

$2.69M – $3.59M (±1% cap)

NOI $215,136 @ 7.0% cap · market cap 1,792,800.00%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Granutec Inc Industrial Manufacturer Silktown Roofing Roofing Company Atlas Welding & Sheet ... General Contractor

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Building Supply Electrical Service Garden Center Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Heavy power

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

44

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 01516, MA

8,962

Population

3,558

Households

2.5

Avg Household Size

43

Median Age

44%

College-Educated

98%

High-School Grad

36.7 sq mi

ZIP Area

244

Density / Sq Mi

$147,859

Median Household Income

$70,780

Median Earnings

$1,537

Median Rent

$436,700

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Similar For Sale Nearby

See more

Flex Industrial Building with 18-Foot Clear Height

174 Davis Street, Douglas, MA 01516

$1,695,000

5,324 SF

View details

Historic Duplex with Detached Garage

23 North Street, Douglas, MA 01516

$349,900

1,820 SF

View details

Frequently Asked Questions

What type of property is this?

Flex space - Industrial/flex building with warehouse, manufacturing, and two-level office space, including loading dock access and divisible layout.

Where is this flex space located?

The property is located at 100 Davis St Douglas, MA.

What are key features of this property?

This property features: Versatile ±100,000 SF industrial/flex building with warehouse, manufacturing, and two levels of office space; Includes loading dock access and clear‑height warehouse space; Heavy electrical service and compressed air infrastructure in the building