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    131 Newburyport Tpke Newbury, MA 01951

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    For Sale
    Contact for pricing

    High-quality self-storage facility with expansion potential in Newbury, Massachusetts.

    Property size:
    110,948 SF
    Lot size:
    56.30 Acres

    Property Features for 131 Newburyport Tpke

    General Information

    Size
    110,948 SF
    Lot size
    56.30 Acres

    Source: JLL | Boston Agent Tommy Hovey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Class A Storage Facility

    This Class A storage facility, located in the affluent Newburyport MSA, features over 110,000 rentable square feet across 711 units within 12 single-story buildings. Approximately 25% of the units are climate controlled. The property offers an expansion opportunity on the remaining land. A new owner can add value through continued leasing to physical stabilization and by implementing a more aggressive ECRI Revenue Management Program to further increase revenue after reaching physical stabilization. This property represents an opportunity to acquire a well-located self-storage facility of scale in a market with limited supply and significant barriers to entry.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Gym & Fitness Department Store Skin Care Clinic HVAC Service Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Newbury
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8817692
    Latitude
    42.7802266

    Nearby Similar for Sale

    • $1,399,900

      Newbury Investment Property Opportunity

      Three-unit property with barn near downtown Newburyport and Plum Island.
      11 High Rd, Newbury, MA 01951
      View Details

    FAQs

    What type of property is this?
    Self storage facility - High-quality self-storage facility with expansion potential in Newbury, Massachusetts.
    Where is this self storage facility located?
    The property is located at 131 Newburyport Tpke Newbury, MA.
    What are key features of this property?
    This property features: - Class A self-storage facility in the affluent Newburyport MSA.; - Boasting over 110,000 rentable square feet across 711 units, with approximately 25% climate controlled.; - Opportunity to add value through continued leasing to physical stabilization.
    (617) 531-4100
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    131 Newburyport Tpke Newbury, MA 01951
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    Newbury, MA 01951
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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
    131 Newburyport Tpke Newbury, MA 01951
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