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    Industrial Property in Quincy, MA Title is generated by Realmo AI

    31 Fayette St, Quincy, MA

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    14,126 SF industrial property available for sale.

    Type:INDUSTRIAL
    Property size:
    14,126 SF
    Lot size:
    0.40 Acres
    Price / SF:
    $212/SF
    Added:
    Dec 6, 2022
    Days on Market:
    1308
    Last Refresh:
    May 19 at 9:27 pm

    Property Features for 31 Fayette St

    General Information

    Standard status
    Active
    Size
    14,126 SF
    Lot size
    0.40 Acres
    Property subtype
    INDUSTRIAL

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    Sean M. Kenealy

    Listing office Key Realty - Quincy

    Listing date Dec 6, 2022

    Source Moodyscre

    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 Key Realty - Quincy

    HighLights

    • 14,126 SF industrial property
    • Available for sale

    Overview

    An industrial property offering 14,126 square feet of space is available for sale in Quincy, Massachusetts.

    Local Financial Insights For Industrial

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $254.3k $18.00
    − Vacancy −$26.4k −$1.87
    EGI $227.8k $16.13
    − OpEx −$68.3k −$4.84
    NOI $159.5k $11.29
    14,126 SF · lease $18.00/SF/yr · vacancy 10.40% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $2.28M
    $1.99M – $2.66M (±1% cap)
    NOI $159,477 @ 7.0% cap · market cap 5.32%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $8.35M
    $7.31M – $9.74M (±1% cap)
    NOI $584,477 @ 7.0% cap · market cap 19.48%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Timeless Aesthetics Spa & Massage Center

    Suggested Use

    Law Firm Hotel & Motel Food Market Grocery & Convenience Store Cosmetic Store Skin Care Clinic Travel Agency Gym & Fitness Center Bar & Pub Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Quincy
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.0298
    Latitude
    42.2727

    FAQs

    What type of property is this?
    Industrial property - 14,126 SF industrial property available for sale.
    Where is this industrial property located?
    The property is located at 31 Fayette St Quincy, MA.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: 14,126 SF industrial property; Available for sale
    (617) 312-4646 Call to check price and availability
    More about this property
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