Renovated Flex
275 Dan Road, Canton, MA 02021
For Sale
Contact for pricing
The property offers adaptable warehouse and flex space, with interior renovations underway.
Property Size98,704 SF
Price / SF$0.00
Days on Market9
Property Features for 275 Dan Road
General Information
Standard status
Size
Additional Details
Property Use
Building Details
Year Built
Listing Agency:
128 CRE
Listed By:
Jeremy Freid · License MA 9089542-RE-B
(617) 916-1028
Source:
Lockandkeyre
Added: Nov 5
Changed: Nov 12
Last Checked: Nov 12 at 8:00AM
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 128 CRE
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Investment Insights
Based on property information with market context.
This 98,704-square-foot flex property was built in 1989 and is undergoing interior renovations. Its configuration supports warehouse and flex space uses.
Key Highlights
- 98,704 square feet of flex space
- Built in 1989
- Interior renovations underway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,055,462
Suggested Prices Based on Cap Rates
Cap Rate 5%
$21,109,240
$21.1M
Cap Rate 7%
$15,078,029
$15.1M
Cap Rate 9%
$11,727,356
$11.7M
Market Conditions
NOI Build-Up for 98,704 SF
Gross rent
$1.59M $16.08/SF
− Vacancy
−$79.4K −$0.80/SF
EGI
$1.51M $15.28/SF
− OpEx
−$452.3K −$4.58/SF
NOI
$1.06M $10.69/SF
Area
Norfolk County, MA
Vacancy
5.00%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$21,109,240
Cap Rate 7%
$15,078,029
Cap Rate 9%
$11,727,356
Alternative Uses
Best Use
Flex RnD
$24.20M
$21.17M – $28.23M
NOI $1,693,761 @ 7.0% cap
Second Best
Warehouse
$18.41M
$16.10M – $21.47M
NOI $1,288,377 @ 7.0% cap
Theoretical Best
Office A
$58.43M
$51.13M – $68.17M
NOI $4,090,268 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
214
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 02021, MA
24,370
Population
9,955
Households
2.4
Avg Household Size
43
Median Age
65%
College-Educated
97%
High-School Grad
18.7 sq mi
ZIP Area
1,303
Density / Sq Mi
$128,341
Median Household Income
$80,408
Median Earnings
$2,237
Median Rent
$665,500
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Norfolk County, MA
Properties on Market for Flex space in Norfolk County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - The property offers adaptable warehouse and flex space, with interior renovations underway.
Where is this flex space located?
The property is located at 275 Dan Road Canton, MA.
What are key features of this property?
This property features: 98,704 square feet of flex space; Built in 1989; Interior renovations underway
