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    3 Industrial Dr Milford, MA 01757

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    For Lease
    $1.00 SF/Yr

    1.5-acre paved lot in Milford's Industrial Park available for lease.

    Lot size:
    1.50 Acres

    Property Features for 3 Industrial Dr

    General Information

    Lot size
    1.50 Acres

    Building Details

    Year built
    2018

    Source: Century 21 The Real Estate Group Agent Dave Consigli

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

    Overview

    Milford Industrial Parking/Storage Terminal

    Located in Milford's Prime Industrial Park, this former Amazon truck transportation and parking terminal is available for lease. The 1.5-acre site is paved and equipped with power, lighting, and security gates. Currently configured for 178 parking spaces, including handicap parking, the site is available for immediate occupancy. Additional land is available for added yard space or parking. The property is zoned (IB) Highway Industrial, allowing for a flexible number of uses, such as licensed car and truck storage, contractor lay-down or storage yard, and bulk storage or trailer parking. Situated within a 1-mile proximity to both exit ramps of RT 495, this location presents an opportunity for companies seeking truck or vehicle parking, transportation, or yard laydown space. Price is dependent on lease terms.
    Location Intelligence

    Current Use by Public Records

    Truck terminals

    Map

    City
    Milford
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.5186
    Latitude
    42.1566

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    FAQs

    What type of property is this?
    Truck terminal - 1.5-acre paved lot in Milford's Industrial Park available for lease.
    Where is this truck terminal located?
    The property is located at 3 Industrial Dr Milford, MA.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - 1. 5 Acres of paved, usable land ideal for truck/vehicle parking, storage, or laydown yard.; - Prime location within Milford's Industrial Park, just 1 mile from RT 495 exit ramps.; - Zoned (IB) Highway Industrial, allowing for flexible uses.
    (508) 922-9644
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    3 Industrial Dr Milford, MA 01757
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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
    3 Industrial Dr Milford, MA 01757
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