Class A High-Clear
For Sale
$4,750,000
1953 Bay St, Taunton, MA 02780
New construction warehouse with loading docks and grade-level doors, 0.3 miles to Interstate 495.
Property Size24,000 SF
Price / SF$197.92
Days on Market95
Property Features for 1953 Bay St
General Information
Standard status
Active
Size
24,000 SF
Class
Class A
Property subtype
Warehouse
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Warehouse Space
20,000 SF
Mezzanine
4,000 SF
Amenities
Newly constructed Class A industrial warehouse facility
24,000 SF building with 21' clear heights and mezzanine office space
High-visibility Bay Street location with ±14,307 vehicles per day
Located at the entrance to Myles Standish Industrial Park
Building Details
Building Size
24,000 SF
Year Built
2026
Buildings
1
Listing Agency:
Marcus & Millichap - Boston
Listed By:
Harrison Klein · License #License(s): MA: 9580881
(617) 896-7237
Source:
Marcusmillichap
Added: Jul 29
Changed: Oct 25
Last Checked: Oct 30 at 10:24AM
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 Marcus & Millichap - Boston
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Investment Insights
Based on property information with market context.
1953 Bay Street is a newly constructed industrial warehouse facility designed for flexible operations with a ground-level 200-by-100-foot warehouse footprint and a 4,000-square-foot mezzanine. The layout includes multiple loading docks plus grade-level/drive-in doors to support efficient receiving and distribution. Interior and exterior finishes are currently under construction, with delivery planned as move-in ready by Q4 2026.
The property is positioned at the entrance to Myles Standish Industrial Park in Taunton, MA, adjacent to a major retail center. It also offers prominent signage along heavily traveled Bay Street and convenient access just 0.3 miles from Interstate 495.
The seller expects the building to be delivered finished and will provide a credit for the buyer to customize new office space to fit their needs. Year built is listed as 2026.
The property is positioned at the entrance to Myles Standish Industrial Park in Taunton, MA, adjacent to a major retail center. It also offers prominent signage along heavily traveled Bay Street and convenient access just 0.3 miles from Interstate 495.
The seller expects the building to be delivered finished and will provide a credit for the buyer to customize new office space to fit their needs. Year built is listed as 2026.
Key Highlights
- Ground‑level 200‑by‑100‑foot warehouse footprint plus 4,000‑square‑foot mezzanine
- Multiple loading docks and grade‑level/drive‑in doors
- Construction in progress on interior and exterior finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$310,933
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,218,660
$6.2M
Cap Rate 7%
$4,441,900
$4.4M
Cap Rate 9%
$3,454,811
$3.5M
Market Conditions
NOI Build-Up for 24,000 SF
Gross rent
$383.0K $15.96/SF
− Vacancy
−$17.2K −$0.72/SF
EGI
$365.8K $15.24/SF
− OpEx
−$54.9K −$2.29/SF
NOI
$310.9K $12.96/SF
Area
Bristol County, MA
Vacancy
4.50%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,218,660
Cap Rate 7%
$4,441,900
Cap Rate 9%
$3,454,811
Alternative Uses
Best Use
Warehouse
$4.44M
$3.89M – $5.18M
NOI $310,933 @ 7.0% cap · market cap 6.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$14.62M
$12.79M – $17.05M
NOI $1,023,091 @ 7.0% cap · market cap 21.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
229
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02780, MA
52,299
Population
22,454
Households
2.3
Avg Household Size
41
Median Age
24%
College-Educated
85%
High-School Grad
33.1 sq mi
ZIP Area
1,580
Density / Sq Mi
$75,054
Median Household Income
$48,454
Median Earnings
$1,257
Median Rent
$377,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Warehouse - New construction warehouse with loading docks and grade-level doors, 0.3 miles to Interstate 495.
Where is this warehouse located?
The property is located at 1953 Bay St Taunton, MA.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: Ground‑level 200‑by‑100‑foot warehouse footprint plus 4,000‑square‑foot mezzanine; Multiple loading docks and grade‑level/drive‑in doors; Construction in progress on interior and exterior finishes
