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    Industrial Warehouse Condo For Sale Title is generated by Realmo AI

    34 Sullivan Rd, North Billerica, MA

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    3706 SF industrial warehouse condo with mezzanine office.

    Type:INDUSTRIAL
    Property size:
    3,706 SF
    Lot size:
    5.70 Acres
    Price / SF:
    $209/SF
    Added:
    Mar 10, 2025
    Days on Market:
    460
    Last Refresh:
    May 19 at 10:08 pm

    Property Features for 34 Sullivan Rd

    General Information

    Standard status
    Active
    Size
    3,706 SF
    Lot size
    5.70 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Edward C. Carbone, CCIM
    Edward C. Carbone, CCIM

    Listing agent Edward C. Carbone, CCIM License #9015680

    Listing office Carbone Commercial Real Estate

    Listing date Mar 10, 2025

    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 Carbone Commercial Real Estate

    HighLights

    • Heavy 3 phase power, 480v available.
    • Benefit from 18 +\/- high ceilings.
    • 3706+\/-sf industrial Warehouse or Manufacturing Commercial Condominium.
    • Steel structure with crane/lift.
    • Approximately 950+\/-sf second floor office mezzanine with 1 restroom.
    • Common loading dock access.

    Overview

    This is a 3706 square foot industrial warehouse or manufacturing commercial condominium. The unit features 18-foot high ceilings, gas heat, and air conditioning. It is equipped with heavy 3-phase power at 480v. The steel structure includes a crane or lift. Common loading dock access is available. The space includes an approximately 950 square foot second-floor office mezzanine with one restroom. There are a total of two restrooms in the unit.

    Local Financial Insights For Warehouse

    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 $59.6k $16.08
    − Vacancy −$3.3k −$0.88
    EGI $56.3k $15.20
    − OpEx −$8.4k −$2.28
    NOI $47.9k $12.92
    3,706 SF · lease $16.08/SF/yr · vacancy 5.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $683.8K
    $598.4K – $797.8K (±1% cap)
    NOI $47,868 @ 7.0% cap · market cap 6.18%
    Second Best
    Industrial
    $563.1K
    $492.8K – $657.0K (±1% cap)
    NOI $39,420 @ 7.0% cap · market cap 5.09%
    Theoretical Best
    Office A
    $2.19M
    $1.92M – $2.56M (±1% cap)
    NOI $153,576 @ 7.0% cap · market cap 19.82%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Microwave Components Specialists, ... Industrial Manufacturer Heat & Frost Insulators ... Vocational School Advanced Membrane Systems Factory Kuhlman Electric Electrical Service scan medical Home Health Care Service

    Suggested Use

    Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center Department Store

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

    Similar Places Nearby

    • Extra Space Storage — 225 Rangeway Rd, North Billerica, MA 01862

    Location Insight

    • Map
    • Local Demand
    City
    North Billerica
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3236
    Latitude
    42.5658

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    FAQs

    What type of property is this?
    Warehouse - 3706 SF industrial warehouse condo with mezzanine office.
    Where is this warehouse located?
    The property is located at 34 Sullivan Rd North Billerica, MA.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: Heavy 3 phase power, 480v available.; Benefit from 18 +\/- high ceilings.; 3706+\/-sf industrial Warehouse or Manufacturing Commercial Condominium.
    (781) 935-5444 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Edward C. Carbone, CCIM
    Edward C. Carbone, CCIM
    Real Estate License ID: 9015680
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