Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Hingham Industrial/Manufacturing Space Available Title is generated by Realmo AI

    150 Recreation Park Dr, Hingham, MA 02043

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial and manufacturing space available for lease in Hingham.

    Type:Manufacturing
    Added:
    May 21, 2026
    Days on Market:
    3
    Last Refresh:
    May 21 at 2:27 pm

    Property Features for 150 Recreation Park Dr

    General Information

    Standard status
    Active
    Property subtype
    Manufacturing

    Building Details

    Year Built
    2026

    We can help!

    Listing Contact
    Rachel Igoe
    Rachel Igoe

    Listing agent Rachel Igoe

    Listing office Cushman & Wakefield | Boston

    Listing date May 21, 2026

    Source Cushmanwakefield

    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 Cushman & Wakefield | Boston

    HighLights

    • Industrial and manufacturing space available.
    • Space for lease.
    • Located in Hingham.
    • Year Built: 2026

    Overview

    Located at 150 Recreation Park Dr in Hingham, MA, this property offers space suitable for industrial and manufacturing purposes. The property is classified under manufacturing and industrial property types, making it suitable for businesses in these sectors.
    Location Intelligence

    Current Use by Public Records

    DTM Packaging, A Massman ... Industrial Manufacturer Margot Healey Nutrition Physician Hemlock Ink (Bike/Boat/Book/etc) Store Hemlock Ink Screen ... Marketing & Advertising Momentum Gym & Fitness Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hingham
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.9076613
    Latitude
    42.1738207

    Nearby Similar for Lease

    • Sponsored
      $129-$5,537/Mo
      11-1,292 SF

      Hingham Center

      99 Derby St, Unit 200, Hingham, MA 02043
      View Details
    • $1,450/Mo
      550 SF

      Versatile Commercial Space in Hingham

      550 sq ft space in Hingham Center near amenities.
      11 Leavitt St, Hingham, MA 02043
      View Details
    • $25 SF/Yr
      2,400 SF

      Hingham Office Space For Rent

      Versatile office space in a prime Hingham location.
      21 Fottler Rd, Hingham, MA 02043
      View Details
    • $60 SF/Yr
      1,800 SF

      Downtown Hingham Commercial Space

      Ground floor retail space available in Downtown Hingham.
      7-9 Central St, Hingham, MA 02043
      View Details
    • $3,900/Mo
      1,018 SF

      Prime Retail Space in Hingham

      1,018 SF retail space with full basement in Hingham.
      37 Main St, Hingham, MA 02043
      View Details
    • $650/Mo
      240 SF

      Office Space in Hingham Park

      Sublet opportunity in Hingham Industrial Park, Route 3 adjacent.
      35 Pond Park Rd #8, Hingham, MA 02043
      View Details
    • $475/Mo

      Downtown Hingham Office Space Available

      Second-floor office unit in vibrant downtown Hingham, ready for occupancy.
      28 South Street #8, Hingham, MA 02043
      View Details
    • $1,450/Mo
      550 SF

      Versatile Commercial Space in Hingham

      Prime location near dining, shopping, and transit. Available February 2026.
      11 Leavitt Street, Hingham, MA 02043
      View Details
    • $800/Mo

      Prime Office Space Available

      Office spaces for rent in a thriving business district.
      175 Derby St #16-B, Hingham, MA 02043
      View Details
    • Contact for pricing
      28,463 SF

      Hingham Warehouse with Mezzanine

      28,463 SF warehouse with office space and mezzanine.
      65 Industrial Park Rd, Hingham, MA 02043
      View Details
    • $1,500/Mo
      600 SF

      Spacious Office with Natural Light

      Upstairs office space with natural light on heavily traveled road.
      9-11 Whiting St, Hingham, MA
      View Details
    • $25 SF/Yr
      2,400 SF

      Hingham Second-Floor Office Space

      Adaptable office suite in a convenient Hingham location.
      21 Fottler Rd, Hingham, MA 02043
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - Industrial and manufacturing space available for lease in Hingham.
    Where is this manufacturing property located?
    The property is located at 150 Recreation Park Dr Hingham, MA.
    What are key features of this property?
    This property features: Industrial and manufacturing space available.; Space for lease.; Located in Hingham.
    (617) 279-4547
    We can help!
    Listing Contact
    Rachel Igoe
    Rachel Igoe
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    150 Recreation Park Dr, Hingham, MA 02043-4227
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!