Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Marlborough Industrial Lot For Sale Title is generated by Realmo AI

    120 Airport Blvd, Marlborough, MA 01752

    View on Map
    Claim this Listing
    For Sale
    $909,900

    Industrial/commercial lot in Airport Industrial Park, Marlborough, MA.

    Type:Land or Vacant Lot
    Lot size:
    2.00 Acres
    Added:
    Oct 2, 2025
    Days on Market:
    247
    Last Refresh:
    Apr 5 at 9:42 pm

    Property Features for 120 Airport Blvd

    General Information

    Standard status
    Active
    Lot size
    2.00 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    James Vazza
    James Vazza

    Listing agent James Vazza

    Listing office Berkshire Realty Group, LLC

    Listing date Oct 2, 2025

    Source Corcoran

    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 Berkshire Realty Group, LLC

    HighLights

    • Located in a light industrial/commercial development close to Rte. 20, Rte. 85, and I‑495.
    • New zoning amendment allows contractor/landscape yards and car storage.
    • Build‑to‑suit buildings are available.
    • Lot sizes range from 30,000 SF to 2 Acres.
    • Located in Airport Industrial Park.
    • Proximity to the Framingham/Sudbury line in Marlborough.

    Overview

    Lot 10 is situated within the 20-lot Airport Industrial Park, a light industrial and commercial development. The location offers convenient access to Route 20 on Farm Road, with proximity to Routes 20, 85, and 495, near the Framingham and Sudbury line in Marlborough. Lot sizes range from 30,000 square feet to 2 acres. A recent zoning amendment in Marlborough now permits contractor and landscape yards within the light industrial zoning district, along with car storage. Build-to-suit buildings are an available option.
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Marlborough
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.5482
    Latitude
    42.3495

    Nearby Similar for Sale

    • $525,000
      2,088 SF

      Charming Marlborough Multi-Family Home

      Well-maintained two-family home with recent major improvements, flexible zoning.
      17 Winthrop St, Marlborough, MA 01752
      View Details
    • $529,900
      2,397 SF

      Unique Marlborough Multi-Family Investment

      Two-family property with lake views and expansion potential.
      30 Winter Ave, Marlborough, MA 01752
      View Details
    • $1,349,000
      5,040 SF

      New Light Industrial Building Available

      5,040 sq.ft. light industrial building in Airport Industrial Park.
      88 Airport Boulevard #7, Marlborough, MA 01752
      View Details
    • $1,399,000
      6,000 SF

      New Light Industrial Building

      6,000 sq.ft. light industrial building for sale.
      66 Airport Blvd. #5, Marlborough, MA 01752
      View Details
    • $1,399,000
      6,000 SF

      New Light Industrial Building

      6,000 sq.ft. light industrial building in Airport Industrial Park.
      78 Airport Blvd. #6, Marlborough, MA 01752
      View Details
    • $699,000
      4,375 SF

      Office Condo For Sale/Lease

      4,375 Sq. Ft office condo available for sale or lease.
      28 Lord Rd #205, Marlborough, MA 01752
      View Details
    • $239,000
      72,000 SF

      Marlborough Office Condo For Sale

      Office condominium with immediate availability, convenient location, and modern amenities.
      28 Lord Road, Marlborough, MA 01752
      View Details
    • Contact for pricing
      3,633 SF

      Medical Office Condo Near I-495

      Multi-use medical office condo with easy highway access.
      28 Lord Rd Suites 225 & 255, Marlborough, MA 01752
      View Details
    • $949,000

      Marlborough Three-Family Home

      Well-maintained three-unit property with in-unit laundry and ample parking.
      37 Gibbon St, Marlborough, MA 01752
      View Details
    • Contact for pricing
      87,862 SF

      Industrial Portfolio on 12.3 Acres

      Three-building industrial portfolio on 12.3 acres, 52% leased.
      896 Boston Post Road Marlborough, MA 01752
      View Details
    • $1,500,000

      Approved Mixed-Use Development Opportunity

      Approved mixed-use development site in Marlborough, MA.
      167 Main St, Marlborough, MA
      View Details
    • $909,900

      Marlborough Industrial Park Land For Sale

      Light industrial/commercial land for sale near major routes.
      120 Airport Blvd, Marlborough, MA 01752
      View Details

    FAQs

    What type of property is this?
    Industrial land - Industrial/commercial lot in Airport Industrial Park, Marlborough, MA.
    Where is this industrial land located?
    The property is located at 120 Airport Blvd Marlborough, MA.
    What is the asking price?
    The asking price for this property is $909,900.
    What are key features of this property?
    This property features: Located in a light industrial/commercial development close to Rte. 20, Rte. 85, and I‑495.; New zoning amendment allows contractor/landscape yards and car storage.; Build‑to‑suit buildings are available.
    (508) 357-2298
    We can help!
    Listing Contact
    James Vazza
    James Vazza
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    120 Airport Blvd, Marlborough, MA 01752
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!