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    34-38 Padelford St Berkley, MA 02779

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    Contact for pricing

    New construction retail space with drive-thru opportunity in Berkley, MA.

    Property size:
    13,100 SF
    Lot size:
    12.44 Acres

    Property Features for 34-38 Padelford St

    General Information

    Size
    13,100 SF
    Lot size
    12.44 Acres

    Source: American Commercial Real Estate Agent Joe Evans

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

    Overview

    New Retail Space Available

    This new construction retail space offers 13,100 square feet, divisible to 1,000 square feet. The property is located directly off Route 24, exit 16, providing visibility from the off-ramp. It is situated in a strategic retail location, joining Racing Mart Fuel and Dunkin Donuts. An endcap with drive-thru opportunity is available for a bank or quick-service restaurant. Ample parking is provided. Construction is scheduled to begin in late spring 2025. Traffic counts are 7,500 ADT on Padelford Street and over 45,000 ADT on Route 24.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Auto Repair Shop Clothing Store Gym & Fitness Food Market Bar & Pub Electrical Service Electronics Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Berkley
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.062755
    Latitude
    41.8518064

    FAQs

    What type of property is this?
    Retail space - New construction retail space with drive-thru opportunity in Berkley, MA.
    Where is this retail space located?
    The property is located at 34-38 Padelford St Berkley, MA.
    What are key features of this property?
    This property features: - Strategic retail location directly off Rt. 24, exit 16 with visibility from off-ramp.; - New construction retail space, dividable to 1,000 SF, totaling 13,100 SF.; - Endcap with drive-thru opportunity for bank or QSR.
    (508) 397-7937
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    34-38 Padelford St Berkley, MA 02779
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    Berkley, MA 02779
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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
    34-38 Padelford St Berkley, MA 02779
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