Marlborough Flex/Office Building
For Sale
Contact for pricing
237 Cedar Hill St, Marlborough, MA 01752
30,000 SF flex/office building for sale or lease.
Property Size30,000 SF
Lot Size2.01 Acres
Price / SF$0.50
Days on Market204
Property Features for 237 Cedar Hill St
General Information
Standard status
Active
Size
30,000 SF
Lot size
2.01 Acres
Property subtype
Office
Listing Agency:
Boston
Listed By:
Kevin Brawley · License #9516458
(617) 330-8174
Source:
Colliers
Added: Mar 30
Changed: Oct 14
Last Checked: Oct 19 at 3:11AM
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 Boston
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Investment Insights
Based on property information with market context.
This two-story flex/office building, located at 237 Cedar Hill Street in Marlborough, MA, is available for sale or lease. Situated on 2.01 acres within an Industrial (I) zoning district, the building offers 30,000 square feet of space. It features 2 docks, 800 amps of power, and parking at a ratio of 3 spaces per 1,000 square feet. The property is connected to municipal water and sewer services.
Key Highlights
- 30,000 SF flex/office building suitable for a variety of uses.
- Located on 2.01 acres within Industrial (I) zoning.
- Features 2 loading docks for efficient logistics.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$148,777
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,975,540
$3.0M
Cap Rate 7%
$2,125,386
$2.1M
Cap Rate 9%
$1,653,078
$1.7M
Market Conditions
NOI Build-Up for 30,000 SF
Gross rent
$244.8K $8.16/SF
− Vacancy
−$15.9K −$0.53/SF
EGI
$228.9K $7.63/SF
− OpEx
−$80.1K −$2.67/SF
NOI
$148.8K $4.96/SF
Area
Middlesex County, MA
Vacancy
6.50%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,975,540
Cap Rate 7%
$2,125,386
Cap Rate 9%
$1,653,078
Alternative Uses
Best Use
Office B
$13.60M
$11.90M – $15.87M
NOI $951,912 @ 7.0% cap · market cap 6,346.08%
Second Best
Industrial
$4.56M
$3.99M – $5.32M
NOI $319,108 @ 7.0% cap · market cap 2,127.39%
Theoretical Best
Office A
$17.76M
$15.54M – $20.72M
NOI $1,243,192 @ 7.0% cap · market cap 8,287.95%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
Explore this area
Business Placement
Demographics for 01752, MA
41,793
Population
17,370
Households
2.4
Avg Household Size
40
Median Age
41%
College-Educated
89%
High-School Grad
20.9 sq mi
ZIP Area
2,000
Density / Sq Mi
$95,047
Median Household Income
$49,012
Median Earnings
$1,721
Median Rent
$485,400
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 Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - 30,000 SF flex/office building for sale or lease.
Where is this office building located?
The property is located at 237 Cedar Hill St Marlborough, MA.
What are key features of this property?
This property features: 30,000 SF flex/office building suitable for a variety of uses.; Located on 2.01 acres within Industrial (I) zoning.; Features 2 loading docks for efficient logistics.
