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Contractor Storage Warehouse
For Sale
$214,900

138 Perkins Avenue, Brockton, MA 02303

Single-story storage building currently used for contractor storage and located in a residential zoning district.

Property Size1,050 SF
Price / SF$204.67
Days on Market112

Property Features for 138 Perkins Avenue

General Information

Standard status Active
Size 1,050 SF
Property subtype Commercial

Building Details

Year Built 1920
Listing Agency: Trufant Real Estate
Listed By: Butch Wilson · License #450000069
Source: Trufantre
Added: Jun 16 Changed: Oct 4 Last Checked: Oct 4 at 10:01AM

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 Trufant Real Estate

Investment Insights

Based on property information with market context.

This property is a single-story warehouse-style building that has been used for many years as a contractor’s storage structure. It may be continued as storage subject to any required approvals, or it may be suitable for other residential-oriented plans depending on zoning and permitting.

The property is located at 138 Perkins Avenue in Brockton, MA, and sits within a residential zoning district. Prospective buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, and any approvals that may be required for alternative uses.

If you’re looking for a straightforward storage/workspace setup, the existing contractor storage use provides a practical baseline, while the residential zoning context may be a key consideration for any future transformation plans.

Key Highlights

  • Single‑story storage building currently used for contractor storage
  • Built in 1920
  • Located in a residential zoning district

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,360
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,200 $267.2K
Cap Rate 7%
$190,857 $190.9K
Cap Rate 9%
$148,444 $148.4K
Market Conditions
NOI Build-Up for 1,050 SF
Gross rent
$16.6K $15.84/SF
− Vacancy
−$915 −$0.87/SF
EGI
$15.7K $14.97/SF
− OpEx
−$2.4K −$2.25/SF
NOI
$13.4K $12.72/SF
Area
Brockton, MA
Vacancy
5.50%
Lease Rate
$15.84 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,200
Cap Rate 7%
$190,857
Cap Rate 9%
$148,444

Alternative Uses

Best Use
Warehouse
$190.9K
$167.0K – $222.7K (±1% cap)
NOI $13,360 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$499.4K
$437.0K – $582.6K (±1% cap)
NOI $34,957 @ 7.0% cap · market cap 16.27%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Bakery Parking Lot & Garage Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

624
Businesses Nearby
Under-served
Demand for This Use

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 - Single-story storage building currently used for contractor storage and located in a residential zoning district.
Where is this warehouse located?
The property is located at 138 Perkins Avenue Brockton, MA.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: Single‑story storage building currently used for contractor storage; Built in 1920; Located in a residential zoning district
More about this property
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