Search
Versatile Commercial Property in Arlington
For Sale
$8,995,000

52-56 Dudley St, Arlington, MA 02476

Rare opportunity: mixed-use property with industrial zoning and multiple structures.

Property Size12,905 SF
Lot Size1.05 Acres
Days on Market266

Property Features for 52-56 Dudley St

General Information

Standard status Active
Size 12,905 SF
Lot size 1.05 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $30,541

Building Details

Building Size 12,905 SF
Year Built 1965
Listing Agency: Gibson Sotheby's International Realty
Listed By: Michael Pallotta
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 10 Last Checked: Aug 20 at 11:29AM

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 Gibson Sotheby's International Realty

Investment Insights

Based on property information with market context.

This property is a commercial site located in Arlington, Massachusetts, featuring multiple structures and offering a range of uses. Situated on over an acre of industrial-zoned land, the site includes two separate two-family residential homes. A 3,750-square-foot, three-bay garage is suitable for automotive repair. The property also features a renovated three-level office building with approximately 3,000 square feet of space, along with a retail showroom and warehouse totaling more than 2,000 square feet. A large parking lot accommodates over 50 vehicles. There is also a dedicated propane sales area with a functioning filling station. The property presents an opportunity for businesses seeking flexibility and long-term potential.

Key Highlights

  • Expansive site on over an acre of industrial‑zoned land.
  • Multiple structures offering a wide range of uses (residential, commercial, industrial, retail).
  • Large parking lot accommodating over 50 vehicles.

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
$409,481
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
4.55%
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%
$8,189,620 $8.2M
Cap Rate 7%
$5,849,729 $5.8M
Cap Rate 9%
$4,549,789 $4.5M
Market Conditions
NOI Build-Up for 12,905 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
$700.0K $54.24/SF
− Vacancy
−$154.0K −$11.93/SF
EGI
$546.0K $42.31/SF
− OpEx
−$136.5K −$10.58/SF
NOI
$409.5K $31.73/SF
Area
Middlesex County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
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%
$8,189,620
Cap Rate 7%
$5,849,729
Cap Rate 9%
$4,549,789

Alternative Uses

Best Use
Office B
$5.85M
$5.12M – $6.82M (±1% cap)
NOI $409,481 @ 7.0% cap · market cap 4.55%
Second Best
Retail
$2.65M
$2.32M – $3.09M (±1% cap)
NOI $185,481 @ 7.0% cap · market cap 2.06%
Theoretical Best
Office A
$7.64M
$6.68M – $8.91M (±1% cap)
NOI $534,780 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Parking Lot & Garage Food Market Pharmacy Nail Salon Grocery & Convenience Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,026
Businesses Nearby
Under-served
Demand for This Use

Demographics for 02476, MA

17,757
Population
8,058
Households
2.2
Avg Household Size
44
Median Age
75%
College-Educated
96%
High-School Grad
2.1 sq mi
ZIP Area
8,456
Density / Sq Mi
$145,150
Median Household Income
$91,600
Median Earnings
$1,823
Median Rent
$882,100
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Wendy Buglio Consulting 1152 Massachusetts Ave, Arlington, MA 02476
  • Arlington Self Storage 12 Brattle Ct, Arlington, MA 02476

Frequently Asked Questions

What type of property is this?
Warehouse - Rare opportunity: mixed-use property with industrial zoning and multiple structures.
Where is this warehouse located?
The property is located at 52-56 Dudley St Arlington, MA.
What is the asking price?
The asking price for this property is $8,995,000.
What are key features of this property?
This property features: Expansive site on over an acre of industrial‑zoned land.; Multiple structures offering a wide range of uses (residential, commercial, industrial, retail).; Large parking lot accommodating over 50 vehicles.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message