Freestanding Industrial
47 October Hill Rd Holliston, MA 01746
47 October Hill Rd, Holliston, MA, 01746
$4,950,000
For Sale
$4,950,000
Freestanding industrial warehouse available for sale.
Property Size31,872 SF
Price / SF$155.31
Days on Market21
Property Features for 47 October Hill Rd
General Information
- Standard status
- Active
- Size
- 31,872 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2008
Listing agency
Greater Boston Commercial Properties, Inc
(860) 564-8000
Listed by
Bret O'Brien · License #8994
Source
Spauldingrealty
Added: Jul 1 Updated: Jul 21 at 7:56AM Checked: Jul 21 at 7:56AM
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 Greater Boston Commercial Properties, Inc
Investment Insights
Based on property information with market context.
This freestanding industrial warehouse is available for sale. The offering includes a warehouse building with an industrial configuration suited to light distribution or storage uses.
The property is located at 47 October Hill Rd in Holliston, Massachusetts. It is presented as a standalone industrial building.
Additional details on interior improvements, layout specifics, and condition are not provided in the available information.
The property is located at 47 October Hill Rd in Holliston, Massachusetts. It is presented as a standalone industrial building.
Additional details on interior improvements, layout specifics, and condition are not provided in the available information.
Key Highlights
- Freestanding industrial warehouse/building for sale
- Built in 2008
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 | $512.5k | $16.08 |
| − Vacancy | −$28.2k | −$0.88 |
| EGI | $484.3k | $15.20 |
| − OpEx | −$72.6k | −$2.28 |
| NOI | $411.7k | $12.92 |
31,872 SF · lease $16.08/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$5.88M
$5.15M – $6.86M
NOI $411,667 @ 7.0% cap · market cap 8.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$18.87M
$16.51M – $22.01M
NOI $1,320,768 @ 7.0% cap · market cap 26.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lawn Management Corporation
Landscaping
Lawn Management
Landscaping
47 October Hill ...
Business Management Consultant
Color Inc
(Bike/Boat/Book/etc) Store
Kramer's Custom Kitchens
Hardware & Home Improvement
Similar For Sale Nearby
FAQs
What type of property is this?
Warehouse - Freestanding industrial warehouse available for sale.
Where is this warehouse located?
The property is located at 47 October Hill Rd Holliston, MA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Freestanding industrial warehouse/building for sale; Built in 2008
