Industrial Property with
285 Summer St, Plymouth, MA 02360
For Sale
Contact for pricing
A construction-trade facility combines building space with an expansive outdoor area in the Light Industrial zoning district.
Property Size1,960 SF
Lot Size3.77 Acres
Price / SF$1.45
Days on Market12
Property Features for 285 Summer St
General Information
Standard status
Size
Lot size
Zoning
Lease Term
Site & Location
Road Access
Outdoor Storage
Additional Details
Land Use
Property Use
Building Details
Building Size
Year Built
Buildings
Listing Agency:
IVerty Realty, LLC
Listed By:
Mela Dieujuste · License MA #452508574
(413) 786-0584
Source:
Iverty
Added: Oct 29
Changed: Nov 8
Last Checked: Nov 8 at 6:36AM
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 IVerty Realty, LLC
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Investment Insights
Based on property information with market context.
At 285 Summer St in Plymouth, this industrial property encompasses 164,047± SF (3.766± acre) and includes a 10,316± SF building constructed in 1960. The site is used for construction trade activity and lies within the Light Industrial (LI) zoning district. Examples of uses covered by the town’s zoning bylaw include utility contractors, building supply businesses, and lumber yards.
The property fronts a primary arterial roadway and is described as having access to Downtown Plymouth, Plymouth Harbor, major highways, and regional transportation corridors. Its combination of building area and open yard space supports the existing construction-trade use.
The property fronts a primary arterial roadway and is described as having access to Downtown Plymouth, Plymouth Harbor, major highways, and regional transportation corridors. Its combination of building area and open yard space supports the existing construction-trade use.
Key Highlights
- 164,047± SF site spanning 3.766± acre
- 10,316± SF building, constructed in 1960
- Located in the Light Industrial (LI) zoning district
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$110,311
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,206,220
$2.2M
Cap Rate 7%
$1,575,871
$1.6M
Cap Rate 9%
$1,225,678
$1.2M
Market Conditions
NOI Build-Up for 10,316 SF
Gross rent
$165.9K $16.08/SF
− Vacancy
−$8.3K −$0.80/SF
EGI
$157.6K $15.28/SF
− OpEx
−$47.3K −$4.58/SF
NOI
$110.3K $10.69/SF
Area
Plymouth 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%
$2,206,220
Cap Rate 7%
$1,575,871
Cap Rate 9%
$1,225,678
Alternative Uses
Best Use
Industrial
$1.58M
$1.38M – $1.84M
NOI $110,311 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.11M
$5.34M – $7.12M
NOI $427,492 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
221
Businesses Nearby
Explore this area
Business Placement
Demographics for 02360, MA
61,134
Population
28,598
Households
2.1
Avg Household Size
47
Median Age
45%
College-Educated
96%
High-School Grad
96.4 sq mi
ZIP Area
634
Density / Sq Mi
$111,975
Median Household Income
$55,595
Median Earnings
$1,831
Median Rent
$494,700
Median Home Value
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Market
Average Price Trend$/SF for Industrial properties in Plymouth County, MA
Properties on Market for Industrial properties in Plymouth County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Industrial property - A construction-trade facility combines building space with an expansive outdoor area in the Light Industrial zoning district.
Where is this industrial property located?
The property is located at 285 Summer St Plymouth, MA.
What are key features of this property?
This property features: 164,047± SF site spanning 3.766± acre; 10,316± SF building, constructed in 1960; Located in the Light Industrial (LI) zoning district
