Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    144 Industrial Park Rd Plymouth, MA 02360

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Two-story shell office building in Plymouth Industrial Park.

    Property size:
    24,000 SF

    Property Features for 144 Industrial Park Rd

    General Information

    Standard status
    Active
    Size
    24,000 SF

    Building Details

    Year built
    2024

    We can help!

    Listing Contact
    Andrew Stout
    Source: Corcoran

    Listing Agency: Atlantic Properties Listing Agent: Andrew Stout

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

    Learn more

    Overview

    Shell Office Building For Sale

    A two-story shell office building is available for construction and delivery at 144 Industrial Park Road. The property is located at the entrance of Plymouth Industrial Park, directly across from Colony Place on Commerce Way, and offers high visibility with a daily traffic count of at least 40,000 cars. It is situated minutes from Routes 3 and 44. Building plans are available. Essential utilities, including water, sewer, drainage, and electric transformers, are already in place. There are 360 parking spaces in the common area, shared with two other office buildings. The space can be occupied or rented in full or in part. An additional lot is available with 40 parking spaces.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Plymouth
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.7140811
    Latitude
    41.9482528

    Nearby Similar for Sale

    • $6,950,000

      Plymouth Specialty Property For Sale

      Specialty property available in Plymouth, Massachusetts.
      30 Golf Dr, Plymouth, MA 02360
      View Details
    • $759,900

      Mixed-Use Property Near Downtown

      Mixed-use property with office, studio, and apartment spaces.
      43 Samoset St, Plymouth, MA 02360
      View Details
    • $1,025,000

      High-Yielding Cranberry Bogs in Plymouth

      Two premium cranberry bogs in desirable Plymouth location.
      Bogside Dr, Plymouth, MA 02360
      View Details
    • $799,900

      North Plymouth Two-Family Home

      Two-unit property near the beach with updated features.
      20-22 Hedge Rd, Plymouth, MA 02360
      View Details
    • Contact for pricing

      Downtown Plymouth Office with Parking

      Move-in ready office space with private bathroom and parking.
      176 Court St, Plymouth, MA 02360
      View Details
    • $2,795,000

      New Multifamily Construction in Plymouth

      New construction multifamily property in historic downtown Plymouth.
      10 Water St, Plymouth, MA 02360
      View Details
    • Contact for pricing
      14,300 SF

      Plymouth Light Industrial Flex Space

      Light industrial flex space in established commercial area, close to highways.
      50 Aldrin Rd, Plymouth, MA 02360
      View Details
    • Contact for pricing
      4,088 SF

      Versatile Commercial Building in Plymouth

      4,088 sq ft commercial building in high-demand location.
      300 Court St, Plymouth, MA 02360
      View Details
    • Contact for pricing
      3,631 SF

      Plymouth Sober House Investment Opportunity

      MASH certified sober house with long-term triple net lease.
      4 Nook Rd, Plymouth, MA 02360
      View Details
    • Contact for pricing

      Plymouth Sober House Investment

      MASH certified sober house with long-term triple net lease.
      230 Summer St, Plymouth, MA 02360
      View Details
    • Contact for pricing

      Plymouth Medical Condo For Sale

      Medical condo with established tenant mix and ample parking.
      110 Long Pond Rd, Plymouth, MA 02360
      View Details
    • Contact for pricing

      Six-Unit Multifamily Building For Sale

      Six-unit building with tenant-paid utilities and off-street parking.
      5-7 Forest Ave, Plymouth, MA 02360
      View Details

    FAQs

    What type of property is this?
    Office building - Two-story shell office building in Plymouth Industrial Park.
    Where is this office building located?
    The property is located at 144 Industrial Park Rd Plymouth, MA.
    What are key features of this property?
    This property features: - High-visibility location at the entrance of Plymouth Industrial Park, directly across from Colony Place on Commerce Way; - Excellent accessibility, minutes from Routes 3 and 44; - High daily traffic count of at least 40,000 cars
    (508) 746-2500
    Request Owner's contact information
    144 Industrial Park Rd Plymouth, MA 02360
    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.
    144 Industrial Park Rd
    Plymouth, MA 02360
    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
    144 Industrial Park Rd Plymouth, MA 02360
    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

    We can help!
    Listing Contact
    Andrew Stout
    (508) 746-2500 (781) 985-6559
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!