Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    162 Baldwinville Rd Templeton, MA 01468

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    71.52 acres with two buildings near Route 2.

    Property size:
    16,024 SF
    Lot size:
    21.20 Acres

    Property Features for 162 Baldwinville Rd

    General Information

    Standard status
    Active
    Size
    16,024 SF
    Lot size
    21.20 Acres

    Building Details

    Year built
    1970

    We can help!

    Listing Contact
    Scott Simpson
    Source: Crexi

    Listing Agency: Century 21 North East Leominster Listing Agent: Scott Simpson

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

    Learn more

    Overview

    Versatile Commercial-Industrial Property on 71.52 Acres

    This commercial-industrial property encompasses 71.52 acres and includes two buildings, offering convenient access just off Route 2 for easy travel in both east and west directions. The property consists of Map 04-08 Lots 27, 28, 113, and a portion of Lot 29. The main building, constructed in 1970, is a 10,300 sq. ft. commercial structure that was previously utilized for furniture sales. It features 9,610 sq. ft. of open space and a 690 sq. ft. utility room, making it suitable for retail, showroom, or flexible commercial applications. Additionally, there is a 5,724 sq. ft. steel building, built in 1992, which includes a mezzanine for supplemental storage, one 14' door, one 8' door, three man doors, and a 16 ft. clear height, making it suitable for warehouse or industrial operations. The Commercial-Industrial-A zoning permits a variety of potential uses, including retail, lumber or contractor's yard, research and development, light manufacturing, distribution, restaurants, gasoline or service stations, automobile sales, warehouses, office buildings, and auto or truck repair facilities.
    Location Intelligence

    Current Use by Public Records

    Custom Quality Upholstering Furniture & Home Goods Templeton Furniture Home Decor Store

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Department Store Kitchen & Bath Showroom Bar & Pub Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Templeton
    County
    Worcester
    State
    Massachusetts
    Longitude
    -72.0732441
    Latitude
    42.5672821

    Nearby Similar for Sale

    • $900,000
      81.00 Acres

      Templeton MA Industrial Land Opportunity

      81 Acres, Rail & River Frontage, Zoned for Diverse Uses
      Ml St, Templeton, MA 01436
      View Details
    • $125,000
      0.12 Acres

      High-Visibility Templeton Commercial Space

      Prime Templeton location, high traffic, great exposure.
      131 Patriots Rd, Templeton, MA 01468
      View Details

    FAQs

    What type of property is this?
    Flex space - 71.52 acres with two buildings near Route 2.
    Where is this flex space located?
    The property is located at 162 Baldwinville Rd Templeton, MA.
    What are key features of this property?
    This property features: - 71.52-acre Commercial-Industrial property with development potential.; - Excellent access just off Route 2, facilitating east-west travel.; - Versatile zoning permits a wide range of uses.
    Request Owner's contact information
    162 Baldwinville Rd Templeton, MA 01468
    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.
    162 Baldwinville Rd
    Templeton, MA 01468
    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
    162 Baldwinville Rd Templeton, MA 01468
    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

    We can help!
    Listing Contact
    Scott Simpson
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!