Versatile Commercial-Industrial Property on 71.52
162 Baldwinville Rd Templeton, MA 01468
For Sale
$4,000,000
71.52 acres with two buildings near Route 2.
Property Size16,024 SF
Lot Size71.52 Acres
Price / SF$249.63
Days on Market95
Property Features for 162 Baldwinville Rd
General Information
- Standard status
- Active
- Size
- 16,024 SF
- Lot size
- 71.52 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1970
Listing Agency:
Century 21 North East
(508) 331-2030
Listed By:
Scott Simpson · License #454501513
(508) 331-2030
Source:
Alliancepartnersre
Added: Apr 23
Changed: Jul 10
Last Checked: Jul 25 at 2:31PM
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 Century 21 North East
Investment Insights
Based on property information with market context.
This commercial-industrial property encompasses 71.52 acres and includes two buildings. The location provides convenient access just off Route 2, facilitating travel in both east and west directions. The property is identified as 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. It was previously utilized for furniture sales and features 9,610 sq. ft. of open space along with a 690 sq. ft. utility room. This building is suitable for retail, showroom, or flexible commercial applications. Additionally, there is a 5,724 sq. ft. steel building, erected in 1992, which includes a mezzanine for supplemental storage. It is equipped with one 14' door, one 8' door, and three man doors, offering a 16 ft. clear height, making it appropriate for warehouse or industrial operations. The Commercial–Industrial–A zoning permits a range of potential uses, including retail, lumber or contractor's yards, research and development, light manufacturing, distribution, restaurants, gasoline or service stations, automobile sales, warehouses, office buildings, and auto or truck repair facilities.
Key Highlights
- 71.52 acres of Commercial–Industrial property.
- Convenient access just off Route 2 for easy east/west travel.
- Zoning allows for a wide range of uses including retail, manufacturing, distribution, restaurants, and automotive services.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $346.1k | $21.60 |
| − Vacancy | −$7.6k | −$0.48 |
| EGI | $338.5k | $21.12 |
| − OpEx | −$101.6k | −$6.34 |
| NOI | $237.0k | $14.79 |
16,024 SF · lease $21.60/SF/yr · vacancy 2.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.39M
$2.96M – $3.95M
NOI $236,953 @ 7.0% cap · market cap 5.92%
Second Best
Warehouse
$2.67M
$2.33M – $3.11M
NOI $186,719 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$5.47M
$4.79M – $6.38M
NOI $383,038 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Custom Quality Upholstering
Furniture & Home Goods
Templeton Furniture
Home Decor Store
FAQs
What type of property is this?
Mixed-use property - 71.52 acres with two buildings near Route 2.
Where is this mixed-use property located?
The property is located at 162 Baldwinville Rd Templeton, MA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 71.52 acres of Commercial–Industrial property.; Convenient access just off Route 2 for easy east/west travel.; Zoning allows for a wide range of uses including retail, manufacturing, distribution, restaurants, and automotive services.
