Turnkey Flex Warehouse with Heated
For Sale
$1,800,000
50 Old Tyng Road Unit 4&5, Tyngsborough, MA 01879
Renovated flex building offers heated and cooled garage bays, private offices, and substantial storage for operations needing both.
Property Size7,200 SF
Days on Market51
Property Features for 50 Old Tyng Road Unit 4&5
General Information
Standard status
Active
Size
7,200 SF
Property subtype
Industrial
Additional Details
Clear Height
20 ft
Building Details
Building Size
7,200 SF
Year Built
2021
Listing Agency:
Sperry - Commercial Realty Associates
(603) 674-1617
Listed By:
Dave Tanguay · License #NH #077077
(603) 674-1617
Source:
Sperrycga
Added: Jun 23
Changed: Aug 10
Last Checked: Aug 12 at 3:54AM
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 Sperry - Commercial Realty Associates
Investment Insights
Based on property information with market context.
This property combines two renovated units into one expansive, turnkey flex warehouse footprint designed for day-to-day operations. The office component includes five private offices and a dedicated conference room, supporting administrative and client-facing functions. For operational needs, the space offers multiple storage areas and three restrooms.
The garage portion features heated and cooled bays, making it well-suited for fleet vehicles, equipment staging, specialty work, or temperature-sensitive operations. With 20-foot ceilings and a 52-foot front-to-rear garage depth, the layout provides strong vertical clearance that can accommodate racking systems, lifts, or taller vehicles. Ample on-site parking supports smooth ingress and egress for staff, clients, and deliveries.
For buyers or tenants seeking a professionally finished environment paired with climate-controlled warehouse functionality, this configuration can streamline operations under one roof. The mix of office rooms, conference space, storage, and controlled bays supports businesses that need both regular customer or managerial space and dependable space for vehicles or equipment.
The garage portion features heated and cooled bays, making it well-suited for fleet vehicles, equipment staging, specialty work, or temperature-sensitive operations. With 20-foot ceilings and a 52-foot front-to-rear garage depth, the layout provides strong vertical clearance that can accommodate racking systems, lifts, or taller vehicles. Ample on-site parking supports smooth ingress and egress for staff, clients, and deliveries.
For buyers or tenants seeking a professionally finished environment paired with climate-controlled warehouse functionality, this configuration can streamline operations under one roof. The mix of office rooms, conference space, storage, and controlled bays supports businesses that need both regular customer or managerial space and dependable space for vehicles or equipment.
Key Highlights
- Year built 2021 commercial property with heated and cooled garage bays for climate‑controlled operations
- Interior layout includes five private offices and a dedicated conference room
- Includes three restrooms and multiple storage areas for inventory, tools, equipment, or supplies
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$92,997
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,859,940
$1.9M
Cap Rate 7%
$1,328,529
$1.3M
Cap Rate 9%
$1,033,300
$1.0M
Market Conditions
NOI Build-Up for 7,200 SF
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.
Gross rent
$115.8K $16.08/SF
− Vacancy
−$6.4K −$0.88/SF
EGI
$109.4K $15.20/SF
− OpEx
−$16.4K −$2.28/SF
NOI
$93.0K $12.92/SF
Area
Middlesex County, MA
Vacancy
5.50%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,859,940
Cap Rate 7%
$1,328,529
Cap Rate 9%
$1,033,300
Alternative Uses
Best Use
Warehouse
$1.33M
$1.16M – $1.55M
NOI $92,997 @ 7.0% cap · market cap 5.17%
Second Best
Industrial
$1.09M
$957.3K – $1.28M
NOI $76,586 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$4.26M
$3.73M – $4.97M
NOI $298,366 @ 7.0% cap · market cap 16.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
20 ft
Clear height
Location Intelligence
Trade Area within ½ mile
181
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 01879, MA
12,368
Population
4,374
Households
2.8
Avg Household Size
43
Median Age
50%
College-Educated
96%
High-School Grad
16.8 sq mi
ZIP Area
736
Density / Sq Mi
$144,167
Median Household Income
$65,722
Median Earnings
$1,863
Median Rent
$533,300
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Renovated flex building offers heated and cooled garage bays, private offices, and substantial storage for operations needing both.
Where is this flex space located?
The property is located at 50 Old Tyng Road Unit 4&5 Tyngsborough, MA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Year built 2021 commercial property with heated and cooled garage bays for climate‑controlled operations; Interior layout includes five private offices and a dedicated conference room; Includes three restrooms and multiple storage areas for inventory, tools, equipment, or supplies
