Versatile Industrial Space in
For Sale
$199,900
5a-50 Meadowbrook Rd, Brockton, MA 02301
1600 sq ft industrial space suitable for various uses.
Property Size1,600 SF
Price / SF$124.94
Days on Market132
Property Features for 5a-50 Meadowbrook Rd
General Information
Standard status
Active
Size
1,600 SF
Taxes and HOA fees
Annual Taxes
$3,059
Listing Agency:
eXp Realty
(508) 317-1766
Listed By:
Kevin Fitzgerald · License #455500488
(508) 317-1766
Source:
Exprealty
Added: Apr 18
Changed: Aug 20
Last Checked: Aug 26 at 10:30AM
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 eXp Realty
Investment Insights
Based on property information with market context.
This 1600 square foot commercial building offers a versatile space suitable for a workshop, storage, warehouse, supply house, or private industrial hideaway. The property features a 40' x 40' (or possibly larger) interior clear span area with 14' ceilings. Solid walls provide privacy and security. Semi-framed interior walls are studded and ready for custom build-out, or the space can be maintained as a 1600 square foot open area. Gas lines are located in the ceiling, and good overhead lighting is in place. Plumbing is installed in the floor, and electricity is available on every wall. The property includes ample overhead, floor, and wall space. Large, heavy metal double doors provide access, accommodating some vehicles. Ideally suited for warehouse, industrial, assembly, construction, or manufacturing purposes. The property is located among friendly and considerate neighbors with similar interests in area stability.
Key Highlights
- Large 1600 sq ft clear‑span interior space (40' x 40' or more).
- Industrial zoning suitable for warehouse, industrial, assembly, construction, or manufacturing.
- Secure building with solid walls, privacy, and heavy metal double doors.
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
$16,765
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
8.39%
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%
$335,300
$335.3K
Cap Rate 7%
$239,500
$239.5K
Cap Rate 9%
$186,278
$186.3K
Market Conditions
NOI Build-Up for 1,600 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
$25.3K $15.84/SF
− Vacancy
−$1.4K −$0.87/SF
EGI
$24.0K $14.97/SF
− OpEx
−$7.2K −$4.49/SF
NOI
$16.8K $10.48/SF
Area
Brockton, MA
Vacancy
5.50%
Lease Rate
$15.84 /SF/Yr
Expense Ratio
30.00%
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%
$335,300
Cap Rate 7%
$239,500
Cap Rate 9%
$186,278
Alternative Uses
Best Use
Flex RnD
$377.1K
$329.9K – $439.9K
NOI $26,395 @ 7.0% cap · market cap 13.20%
Second Best
Industrial
$239.5K
$209.6K – $279.4K
NOI $16,765 @ 7.0% cap · market cap 8.39%
Theoretical Best
Office A
$761.0K
$665.9K – $887.8K
NOI $53,268 @ 7.0% cap · market cap 26.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
449
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02301, MA
69,418
Population
24,592
Households
2.8
Avg Household Size
37
Median Age
22%
College-Educated
81%
High-School Grad
12.4 sq mi
ZIP Area
5,598
Density / Sq Mi
$72,727
Median Household Income
$43,588
Median Earnings
$1,566
Median Rent
$414,200
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Flex space - 1600 sq ft industrial space suitable for various uses.
Where is this flex space located?
The property is located at 5a-50 Meadowbrook Rd Brockton, MA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Large 1600 sq ft clear‑span interior space (40' x 40' or more).; Industrial zoning suitable for warehouse, industrial, assembly, construction, or manufacturing.; Secure building with solid walls, privacy, and heavy metal double doors.
