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    378 Page St, Unit 13-14 Stoughton, MA 02072

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    For Lease
    Contact for pricing

    Versatile warehouse and office space available for lease.

    Property size:
    15,000 SF
    Lot size:
    15,000 SF

    Property Features for 378 Page St

    General Information

    Standard status
    Active
    Size
    15,000 SF

    Building Details

    Year built
    1984

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    Listing Contact
    Richard Gomolka
    Source: Corcoran

    Listing Agency: Rick Gomolka Realty Listing Agent: Richard Gomolka

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

    Learn more

    Overview

    Stoughton Warehouse and Office Space

    This property offers expansive warehouse space with heights of 21'5" to the joists and 24' to the roof. Contiguous spaces ranging from 5,000 to 15,000 square feet are available. Acceptable uses include warehousing, light manufacturing, research and development, and professional offices. Retail use is permitted only as ancillary to the primary function. Unit 14 features central gas heating and air conditioning, while Unit 13 is equipped with gas-fired space heaters and two rooftop AC units. The floor plan provides further details. The office space in Unit 14, which also has a 21' 5" clear height, can be reduced in size. Unit 13 includes two dock doors with Levelators, and Unit 14 has one ground-level door. Unit 12, offering an additional 5,000 square feet, has refrigeration and can be leased separately. Street signage is available on a pier sign. Ample shared parking is provided, along with reserved and overnight truck parking. Units 13 and 14 are equipped with wet sprinklers. The property is located approximately 0.5 miles from Route 24, 6 miles from I-93, 7 miles from I-95, 17 miles from South Station, 19 miles from I-90, and 21 miles from Logan Airport.
    Location Intelligence

    Current Use by Public Records

    Yee Consulting Group ... Consultant BBS Tech, LLC Security Service Petra Sinai Temporary ... Employment Agency Stericycle Waste Management Facility New Travel & Transportation Freight Service

    Suggested Use

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

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

    Similar Places Nearby

    CubeSmart Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Stoughton
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.0729755
    Latitude
    42.1484124

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    FAQs

    What type of property is this?
    Warehouse - Versatile warehouse and office space available for lease.
    Where is this warehouse located?
    The property is located at 378 Page St, Unit 13-14 Stoughton, MA.
    What are key features of this property?
    This property features: - Flexible space: **5,000-15,000 sq ft of contiguous warehouse/light manufacturing/R&D/professional office space available.**; - Excellent loading capabilities: **Two dock doors with Levelators in Unit 13, plus one ground-level door in Unit 14.**; - Strategic location: Approximately 1/2 mile to Rt 24, with convenient access to I-93, I-95, I-90, South Station, and Logan Airport.
    (781) 408-1245
    Request Owner's contact information
    378 Page St, Unit 13-14 Stoughton, MA 02072
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    Stoughton, MA 02072
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    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
    378 Page St, Unit 13-14 Stoughton, MA 02072
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    Listing Contact
    Richard Gomolka
    (781) 408-1245 (617) 614-7112
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