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    14 Florence St Brockton, MA 02301

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    For Sale
    $875,000

    Well-maintained warehouse with income potential in downtown Brockton.

    Lot size:
    0.51 Acres

    Property Features for 14 Florence St

    General Information

    Lot size
    0.51 Acres

    Building Details

    Year built
    1930

    Source: Tri Town Associates Agent Michael Mather

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

    Overview

    Multi-Tenant Warehouse in Downtown Brockton

    This well-maintained multi-tenant warehouse, located in downtown Brockton, offers over 10,000 square feet of space. The property features four separately metered units, each with an approximate 15-foot ceiling height. There are a total of three drive-in doors, one loading dock, and four bathrooms. The flexible layout allows for conversion to single-user occupancy. Currently, all tenants are tenant-at-will, generating approximately $85,200 per year in gross income with an estimated net operating income of $70,000 per year. A sprinkler system is in place, and the property includes over 20 parking spaces. Zoned R3, the current use is legally conforming. This property is ideal for investors seeking scale and cash flow.
    Insight Report Location Intelligence

    Current Use by Public Records

    Creations By Vanessa Party Equipment Rental Service Brockton Small Engine ... Lawn Mower Repair Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

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

    Similar Places Nearby

    Sbox Self Storage Units - Brockton MA, Sbox Self Storage Units, Ortendahl's Garage Inc.

    Location Insight

    • Map
    • Local Demand
    City
    Brockton
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -71.0193556
    Latitude
    42.0718793

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    FAQs

    What type of property is this?
    Warehouse - Well-maintained warehouse with income potential in downtown Brockton.
    Where is this warehouse located?
    The property is located at 14 Florence St Brockton, MA.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - High Income Potential: Generates approximately $85,200/year in gross income with an estimated NOI of $70,000/year.; - Multi-Tenant Flexibility: Features four separately metered units, offering diverse income streams and tenant options.; - Flexible layout allows for easy conversion to single-user occupancy, appealing to various business needs.
    (508) 294-6553
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    14 Florence St Brockton, MA 02301
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    Brockton, MA 02301
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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
    14 Florence St Brockton, MA 02301
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