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    111 Milk Street, Westborough, MA 01581 Westborough, MA 01581

    Sponsored
    For Lease
    $29 SF/Yr

    Modern warehouse, flexible lease options, prime location.

    Lot size:
    103,000 SF

    Description

    Added:
    Dec 30, 2024
    Days on Market:
    372
    This exceptional 103,000-square-foot industrial property at 111 Milk Street, Westborough, MA 01581, offers a unique opportunity for businesses seeking flexible and efficient warehouse space. Strategically located off Route 135, with easy access to the Boston Worcester Turnpike and Route 9, this facility provides unparalleled connectivity to Westborough, Boston, and the entire MetroWest area. The property boasts a state-of-the-art design, including 28-foot clear heights, drive-in and seven dock-high doors, and three levelers, ensuring seamless loading and unloading operations. The warehouse features a wet sprinkler system for enhanced safety and ample parking with 15 standard spaces. Inside, you'll find an efficiently designed layout with open floor space, heated storage, and existing racking systems, catering to both short-term and long-term storage needs. Column spacing is 25' x 45', and there is one drive-in bay. The property is ideal for businesses requiring a modern, well-equipped warehouse with excellent accessibility and a prime location. The annual rate is $29.72 per square foot. This is a rare opportunity to secure a high-quality industrial space in a thriving market.

    Property Features for 111 Milk Street, Westborough, MA 01581

    General Information

    Property type
    Other industrial properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    103,000 SF
    Total Parking Spaces
    15
    Elevators
    N/A
    Total Rate
    255096.67

    HighLights

    • 103,000 sq ft warehouse with 28‑foot clear heights and efficient design for flexible storage solutions.
    • Strategic location off Route 135, near major highways, serving Westborough, Boston, and MetroWest.
    • Modern amenities include drive‑in/dock‑high doors, a wet sprinkler system, and ample parking.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westborough
    State
    Massachusetts
    Longitude
    -72.568021
    Latitude
    42.348505

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    FAQs

    What type of property is this?
    Industrial property - Modern warehouse, flexible lease options, prime location.
    Where is this industrial property located?
    The property is located at 111 Milk Street, Westborough, MA 01581 Westborough, MA.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: 103,000 sq ft warehouse with 28-foot clear heights and efficient design for flexible storage solutions.; Strategic location off Route 135, near major highways, serving Westborough, Boston, and MetroWest.; Modern amenities include drive-in/dock-high doors, a wet sprinkler system, and ample parking.
    (508) 889-0640
    Request Owner's contact information
    111 Milk Street, Westborough, MA 01581 Westborough, MA 01581
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 Milk Street, Westborough, MA 01581 Westborough, MA 01581
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