Flex Space with
For Sale
$549,900
1431 Hilldale Ave Unit 6, Haverhill, MA 01832
New-construction flex bay with overhead-door access, mezzanine space, and customizable interior build-out.
Property Size2,310 SF
Price / SF$238.05
Days on Market150
Property Features for 1431 Hilldale Ave Unit 6
General Information
Standard status
Active
Size
2,310 SF
Total Parking Spaces
5
Warehouse & Industrial
Clear Height
23 ft
Mezzanine
600 SF
Sprinkler System
Yes
Additional Details
Highway Access
Yes
Building Details
Year Built
2026
Construction
steel
Listing Agency:
Four Points Real Estate, LLC
Listed By:
Chapman Real Estate Group
(617) 306-3926
Source:
Melanienorcross
Added: May 20
Changed: Oct 8
Last Checked: Oct 7 at 2:16PM
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 Four Points Real Estate, LLC
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Investment Insights
Based on property information with market context.
Unit 6 is a 2,310 SF flex condominium bay within a steel industrial building completed in 2026. The space provides 23-foot ceilings, a 14-foot overhead door, and a 600 SF mezzanine, along with a first-floor half bath and slop sink. A gas Modine heating system supports the bay, while sprinklers and fire alarms are installed throughout the building.
Each condominium unit includes 5 deeded outdoor parking spaces, with additional vehicle storage available inside the bay. The property is approximately 1 mile from Plaistow shopping and 2 miles from Route 495. The interior can be configured and finished to suit the occupant’s requirements.
Each condominium unit includes 5 deeded outdoor parking spaces, with additional vehicle storage available inside the bay. The property is approximately 1 mile from Plaistow shopping and 2 miles from Route 495. The interior can be configured and finished to suit the occupant’s requirements.
Key Highlights
- 2,310 SF Unit 6 flex condominium bay
- 23‑foot ceilings with a 14‑foot overhead door
- 600 SF mezzanine included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,303
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$806,060
$806.1K
Cap Rate 7%
$575,757
$575.8K
Cap Rate 9%
$447,811
$447.8K
Market Conditions
NOI Build-Up for 2,310 SF
Gross rent
$66.5K $28.80/SF
− Vacancy
−$4.5K −$1.96/SF
EGI
$62.0K $26.84/SF
− OpEx
−$21.7K −$9.39/SF
NOI
$40.3K $17.45/SF
Area
Essex County, MA
Vacancy
6.80%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$806,060
Cap Rate 7%
$575,757
Cap Rate 9%
$447,811
Alternative Uses
Best Use
Flex RnD
$575.8K
$503.8K – $671.7K
NOI $40,303 @ 7.0% cap · market cap 7.33%
Second Best
Warehouse
$426.2K
$373.0K – $497.3K
NOI $29,837 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,726 @ 7.0% cap · market cap 17.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
23 ft
Clear height
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01832, MA
25,656
Population
10,735
Households
2.4
Avg Household Size
38
Median Age
28%
College-Educated
90%
High-School Grad
11.4 sq mi
ZIP Area
2,251
Density / Sq Mi
$81,141
Median Household Income
$47,151
Median Earnings
$1,612
Median Rent
$410,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - New-construction flex bay with overhead-door access, mezzanine space, and customizable interior build-out.
Where is this flex space located?
The property is located at 1431 Hilldale Ave Unit 6 Haverhill, MA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 2,310 SF Unit 6 flex condominium bay; 23‑foot ceilings with a 14‑foot overhead door; 600 SF mezzanine included
