Industrial Flex Site with Route
360 Sw Cutoff Northborough, MA 01532
360 Sw Cutoff, Northborough, MA, 01532
$2,950,000
For Sale
$2,950,000
For-sale flex/industrial site with a 5,416 SF building and substantial Route 20 frontage at a signalized intersection.
Property Size5,416 SF
Lot Size2.00 Acres
Price / SF$544.68
Days on Market232
Property Features for 360 Sw Cutoff
General Information
- Standard status
- Active
- Size
- 5,416 SF
- Lot size
- 2.00 Acres
- Property subtype
- COMMERCIAL
Building Details
- Year Built
- 1989
Listing agency
LAER Realty Partners
(508) 933-3867
Listed by
Patricia Murray
Source
Donnellyandco
Added: Dec 1, 2025 Updated: Jul 21 at 3:02AM Checked: Jul 21 at 3:02AM
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 LAER Realty Partners
Investment Insights
Based on property information with market context.
This 2.0+ acre commercial/industrial site includes an existing 5,416+ SF building configured with open industrial workspace, two first-floor bathrooms, and a second-floor office/storage area. Ground-level access is provided, along with an overhead/dock-style door. Utilities are currently disconnected, and buyers/buyers’ agents are advised to verify utility service and future availability during due diligence. The property is sold AS-IS.
The site offers approximately 523 ft of Route 20 frontage at a signalized intersection, supported by ZBA documentation, building plans, and easements of record. It is located in Northborough’s Industrial (I) zoning district. Site utilities include a septic system on file and a confirmed well, and the property is described as having approximately 22,000–30,000 vehicles per day along Route 20.
The seller notes the property may be suitable for a range of redevelopment and repositioning options including retail, flex/industrial, contractor bays, warehouse, automotive, mixed-use, or an owner-user, subject to verification of applicable approvals and feasibility.
The site offers approximately 523 ft of Route 20 frontage at a signalized intersection, supported by ZBA documentation, building plans, and easements of record. It is located in Northborough’s Industrial (I) zoning district. Site utilities include a septic system on file and a confirmed well, and the property is described as having approximately 22,000–30,000 vehicles per day along Route 20.
The seller notes the property may be suitable for a range of redevelopment and repositioning options including retail, flex/industrial, contractor bays, warehouse, automotive, mixed-use, or an owner-user, subject to verification of applicable approvals and feasibility.
Key Highlights
- 2.0+ acre commercial/industrial site with +-523 ft of Route 20 frontage at a signalized intersection
- 5,416+ SF existing building with open industrial workspace plus second‑floor office/storage
- Ground‑level access with overhead/dock‑style door and two first‑floor bathrooms
Local Financial Insights For Office B
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 | $162.5k | $30.00 |
| − Vacancy | −$30.9k | −$5.70 |
| EGI | $131.6k | $24.30 |
| − OpEx | −$32.9k | −$6.08 |
| NOI | $98.7k | $18.23 |
5,416 SF · lease $30.00/SF/yr · vacancy 19.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.41M
$1.23M – $1.65M
NOI $98,707 @ 7.0% cap · market cap 3.35%
Second Best
Warehouse
$901.6K
$788.9K – $1.05M
NOI $63,110 @ 7.0% cap · market cap 2.14%
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,464 @ 7.0% cap · market cap 4.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Natural Landscape Supply
Factory
Similar For Sale Nearby
Similar Off Market Nearby
- Wegmans Catering — 9102 Shops Way, Northborough, MA 01532
FAQs
What type of property is this?
Flex space - For-sale flex/industrial site with a 5,416 SF building and substantial Route 20 frontage at a signalized intersection.
Where is this flex space located?
The property is located at 360 Sw Cutoff Northborough, MA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 2.0+ acre commercial/industrial site with +-523 ft of Route 20 frontage at a signalized intersection; 5,416+ SF existing building with open industrial workspace plus second‑floor office/storage; Ground‑level access with overhead/dock‑style door and two first‑floor bathrooms
