Concord R&D Building For
61 Domino Drive Concord, MA 01742
61 Domino Drive, Concord, MA, 01742
$2,250,000
For Sale
$2,250,000
10,000 SF R&D building in Concord, ready for customization.
Property Size10,000 SF
Price / SF$225
Days on Market446
Property Features for 61 Domino Drive
General Information
- Standard status
- Active
- Size
- 10,000 SF
Building Details
- Year Built
- 1979
Listing Agency
The Attias Group, LLC
Listed by
The Zur Attias Team
Source
Corcoran
Added: Apr 29, 2025 Checked: Mar 16 at 9:09 am
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 The Attias Group, LLC
Investment Insights
Based on property information with market context.
This 10,000 square foot building, zoned for research and development, is located in Concord, Massachusetts. Previously used as a Gold's Gym, the property has been recently emptied of interior demolition debris. The building features high ceilings, brick face, and cinder block construction. It includes one loading dock garage door bay and one drive-in bay that allows direct access into the warehouse. Ample parking is available. Situated at the end of a cul-de-sac in a prime location, the property presents a unique opportunity for business ownership and customization. The surrounding area includes a moving and storage facility, industrial building supplies, an embroidery shop, publishing businesses, and general office spaces, indicating a variety of potential uses. This commercial/warehouse building offers a business address in historic Concord, Massachusetts.
Key Highlights
- Zoned for Research and Development (R&D) offering versatile business opportunities.
- 10,000 sq ft of open space ready for customization after recent debris removal.
- Prime location in Concord, MA at the end of a cul‑de‑sac with ample parking.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $160.8k | $16.08 |
| − Vacancy | −$8.8k | −$0.88 |
| EGI | $152.0k | $15.20 |
| − OpEx | −$22.8k | −$2.28 |
| NOI | $129.2k | $12.92 |
10,000 SF · lease $16.08/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.85M
$1.61M – $2.15M
NOI $129,163 @ 7.0% cap · market cap 5.74%
Second Best
Industrial
$1.52M
$1.33M – $1.77M
NOI $106,369 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$5.92M
$5.18M – $6.91M
NOI $414,397 @ 7.0% cap · market cap 18.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fitness centers & gyms
Similar For Sale Nearby
Similar Off Market Nearby
- Viking Moving Services, Inc. — 55 Domino Dr, Concord, MA 01742
- Waddell Moving Company — 868 W Boylston St, Worcester, MA 01606
- VODS — 55 Domino Dr, Concord, MA 01742
- Somerville Guardian Moving
FAQs
What type of property is this?
Warehouse - 10,000 SF R&D building in Concord, ready for customization.
Where is this warehouse located?
The property is located at 61 Domino Drive Concord, MA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Zoned for Research and Development (R&D) offering versatile business opportunities.; **10,000 sq ft of open space ready for customization** after recent debris removal.; Prime location in Concord, MA at the end of a cul‑de‑sac with ample parking.
