New Flex Space with Drive-In
For Sale
$1,399,000
5-66 Airport Blvd, Marlborough, MA
Light industrial space supports manufacturing, distribution, office, contractor, and landscaping operations.
Property Size6,000 SF
Lot Size0.69 Acres
Price / SF$233.17
Days on Market381
Property Features for 5-66 Airport Blvd
General Information
Standard status
Active
Size
6,000 SF
Lot size
0.69 Acres
Additional Details
Drive-In Doors
1
Taxes and HOA fees
Annual Taxes
$7,632
Building Details
Buildings
1
Building Size
6,000 SF
Listing Agency:
Berkshire Realty Group, LLC
(508) 357-2298
Listed By:
James Vazza
(508) 229-1824
Source:
Exprealty
Added: Oct 2, 2025
Changed: Oct 2
Last Checked: Oct 16 at 12:02PM
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 Berkshire Realty Group, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This new flex space includes a 6,000-square-foot light industrial building with a drive-in door on a 30,000-square-foot lot. The property is part of Airport Industrial Park, a 20-lot commercial development designed for light industrial and related business uses.
The site is near Route 20 and Farm Road, with proximity to the Framingham and Sudbury line in Marlborough, Massachusetts. Supported uses include light manufacturing, distribution, office, contractor, and landscaping operations.
The site is near Route 20 and Farm Road, with proximity to the Framingham and Sudbury line in Marlborough, Massachusetts. Supported uses include light manufacturing, distribution, office, contractor, and landscaping operations.
Key Highlights
- New 6,000 sq.ft. light industrial building
- 30,000 sq.ft. lot within Airport Industrial Park
- Drive‑in door for direct building access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,822
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,276,440
$1.3M
Cap Rate 7%
$911,743
$911.7K
Cap Rate 9%
$709,133
$709.1K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$96.5K $16.08/SF
− Vacancy
−$5.3K −$0.88/SF
EGI
$91.2K $15.20/SF
− OpEx
−$27.4K −$4.56/SF
NOI
$63.8K $10.64/SF
Area
Middlesex County, MA
Vacancy
5.50%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,276,440
Cap Rate 7%
$911,743
Cap Rate 9%
$709,133
Alternative Uses
Best Use
Industrial
$911.7K
$797.8K – $1.06M
NOI $63,822 @ 7.0% cap · market cap 4.56%
Second Best
Flex RnD
$425.1K
$371.9K – $495.9K
NOI $29,755 @ 7.0% cap · market cap 2.13%
Theoretical Best
Office A
$3.55M
$3.11M – $4.14M
NOI $248,638 @ 7.0% cap · market cap 17.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,298
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Thairiffic — 128 Main St, Marlborough, MA 01752
Frequently Asked Questions
What type of property is this?
Flex space - Light industrial space supports manufacturing, distribution, office, contractor, and landscaping operations.
Where is this flex space located?
The property is located at 5-66 Airport Blvd Marlborough, MA.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: New 6,000 sq.ft. light industrial building; 30,000 sq.ft. lot within Airport Industrial Park; Drive‑in door for direct building access
