15,000 SF Industrial
3 Highland Rd, Abington, MA 02351
For Sale
Contact for pricing
15,000 SF industrial building on 0.96 acres for sale.
Property Size15,000 SF
Lot Size0.96 Acres
Days on Market233
Property Features for 3 Highland Rd
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Listing Agency:
The Stubblebine Company
(781) 862-6168
Listed By:
Chris Michniewicz · License MA #9559563
(774) 994-1698
Source:
Churchillprop
Added: Mar 26
Changed: Oct 31
Last Checked: Nov 12 at 4:57AM
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 The Stubblebine Company
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Available for sale is a 15,000 square foot industrial building situated on a 0.96-acre lot.
Key Highlights
- 15,000 SF Industrial Building for sale.
- Situated on a 0.96 acre lot.
- Industrial Building constructed in 1988.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$160,398
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,207,960
$3.2M
Cap Rate 7%
$2,291,400
$2.3M
Cap Rate 9%
$1,782,200
$1.8M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$241.2K $16.08/SF
− Vacancy
−$12.1K −$0.80/SF
EGI
$229.1K $15.28/SF
− OpEx
−$68.7K −$4.58/SF
NOI
$160.4K $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%
$3,207,960
Cap Rate 7%
$2,291,400
Cap Rate 9%
$1,782,200
Alternative Uses
Best Use
Industrial
$2.29M
$2.00M – $2.67M
NOI $160,398 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.88M
$7.77M – $10.36M
NOI $621,596 @ 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
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
Explore this area
Business Placement
Demographics for 02351, MA
17,085
Population
6,576
Households
2.6
Avg Household Size
41
Median Age
40%
College-Educated
96%
High-School Grad
10.0 sq mi
ZIP Area
1,709
Density / Sq Mi
$119,787
Median Household Income
$61,646
Median Earnings
$1,547
Median Rent
$516,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - 15,000 SF industrial building on 0.96 acres for sale.
Where is this industrial property located?
The property is located at 3 Highland Rd Abington, MA.
What are key features of this property?
This property features: 15,000 SF Industrial Building for sale.; Situated on a 0.96 acre lot.; Industrial Building constructed in 1988.
