New Industrial Flex Space
For Sale
Contact for pricing
49 Airport Blvd, Georgetown, MA
Commercial/light industrial building in Airport Industrial Park, Marlboro, MA.
Property Size5,040 SF
Lot Size18.90 Acres
Price / SF$279.56
Days on Market1365
Property Features for 49 Airport Blvd
General Information
Standard status
Active
Size
5,040 SF
Lot size
18.90 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Capital Group Properties
(508) 309-8768
Listed By:
Brendan Carroll
Source:
Moodyscre
Added: Nov 4, 2022
Changed: Jul 6
Last Checked: Jul 21 at 5:43AM
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 Capital Group Properties
Investment Insights
Based on property information with market context.
Located in Airport Industrial Park, this commercial and light industrial building is part of an 18-acre development. The development will consist of 20 commercial and light industrial buildings, with sizes ranging from 5,000 to 20,000 square feet. This Class A construction offers build-to-suit options. The property provides convenient access to Route 20 and I-495. The available space is 5,040 square feet and is intended for flex space, industrial, and warehouse use.
Key Highlights
- Brand new Class A construction
- Convenient access to Route 20 & I‑495
- Build to Suite options available
Financial Insights For Flex RnD
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 | $145.2k | $28.80 |
| − Vacancy | −$9.9k | −$1.96 |
| EGI | $135.3k | $26.84 |
| − OpEx | −$47.3k | −$9.39 |
| NOI | $87.9k | $17.45 |
5,040 SF · lease $28.80/SF/yr · vacancy 6.80% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.26M
$1.10M – $1.47M
NOI $87,933 @ 7.0% cap · market cap 6.24%
Second Best
Warehouse
$930.0K
$813.7K – $1.08M
NOI $65,098 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$2.98M
$2.61M – $3.48M
NOI $208,856 @ 7.0% cap · market cap 14.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
323
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Commercial/light industrial building in Airport Industrial Park, Marlboro, MA.
Where is this flex space located?
The property is located at 49 Airport Blvd Georgetown, MA.
What is the asking price?
The asking price for this property is $1,409,000.
What are key features of this property?
This property features: Brand new Class A construction; Convenient access to Route 20 & I‑495; Build to Suite options available
