Brockton Warehouse with Office
125 Perkins Ave, Brockton, MA 02302
For Sale
$1,950,000
Three-story warehouse with basement and office space for sale.
Property Size14,400 SF
Lot Size1.43 Acres
Price / SF$135.42
Days on Market243
Property Features for 125 Perkins Ave
General Information
Standard status
Size
Lot size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Listing Agency:
Donahue Associates
Listed By:
Stephen J. Donahue · License #450000042
(508) 942-0408
Source:
Elliman
Added: Mar 10
Changed: Aug 13
Last Checked: Aug 13 at 12:44PM
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 Donahue Associates
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Investment Insights
Based on property information with market context.
This property features three floors, each measuring 14,400 square feet, in addition to a full basement that also spans 14,400 square feet. The top floor includes office space and two large sawtooth skylights. The building is equipped with two freight elevators, one of which is currently in use, and one passenger elevator. The property has frontage on Forest Street, with the current entrance and parking area accessible from Forest Street.
Key Highlights
- Large Space: 14,400 sq ft per floor, totaling three floors plus a full basement.
- Includes two freight elevators, offering logistical advantages.
- Equipped with a passenger elevator for convenient access.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$150,886
Cap Rate
7.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,017,720
$3.0M
Cap Rate 7%
$2,155,514
$2.2M
Cap Rate 9%
$1,676,511
$1.7M
Market Conditions
NOI Build-Up for 14,400 SF
Gross rent
$228.1K $15.84/SF
− Vacancy
−$12.5K −$0.87/SF
EGI
$215.6K $14.97/SF
− OpEx
−$64.7K −$4.49/SF
NOI
$150.9K $10.48/SF
Area
Brockton, MA
Vacancy
5.50%
Lease Rate
$15.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,017,720
Cap Rate 7%
$2,155,514
Cap Rate 9%
$1,676,511
Alternative Uses
Best Use
Office B
$4.69M
$4.11M – $5.48M
NOI $328,536 @ 7.0% cap · market cap 16.85%
Second Best
Warehouse
$2.62M
$2.29M – $3.05M
NOI $183,218 @ 7.0% cap · market cap 9.40%
Theoretical Best
Office A
$6.85M
$5.99M – $7.99M
NOI $479,416 @ 7.0% cap · market cap 24.59%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
624
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02302, MA
36,202
Population
12,828
Households
2.8
Avg Household Size
38
Median Age
21%
College-Educated
83%
High-School Grad
8.9 sq mi
ZIP Area
4,068
Density / Sq Mi
$87,560
Median Household Income
$45,342
Median Earnings
$1,476
Median Rent
$395,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Warehouses in Plymouth County, MA
Properties on Market for Warehouses in Plymouth County
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Ortendahl's Garage Inc. — 878 Montello St #1, Brockton, MA 02301
Frequently Asked Questions
What type of property is this?
Warehouse - Three-story warehouse with basement and office space for sale.
Where is this warehouse located?
The property is located at 125 Perkins Ave Brockton, MA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Large Space: 14,400 sq ft per floor, totaling three floors plus a full basement.; Includes two freight elevators, offering logistical advantages.; Equipped with a passenger elevator for convenient access.
