New Light Industrial
66 Airport Blvd. #5 Marlborough, MA 01752
For Sale
$1,399,000
6,000 sq.ft. light industrial building for sale.
Property Size6,000 SF
Lot Size0.69 Acres
Price / SF$233.17
Days on Market97
Property Features for 66 Airport Blvd. #5
General Information
Standard status
Active
Size
6,000 SF
Lot size
0.69 Acres
Property subtype
Commercial
Building Details
Year Built
2023
Listing Agency:
Berkshire Realty Group, LLC
(508) 229-1824
Listed By:
James Vazza
(508) 229-1824
Source:
Liongatere
Added: Apr 25
Changed: Jul 10
Last Checked: Jul 29 at 12:19PM
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
Investment Insights
Based on property information with market context.
A new 6,000 sq.ft. light industrial building is available for purchase. The property includes a drive-in door and is situated on Lot 5, a 30,000 sq.ft lot within the new Airport Industrial Park. This development comprises 20 commercial light industrial lots and is conveniently located near Route 20 off Farm Road, close to the Framingham/Sudbury line in Marlborough. The property is suitable for light industrial, business, and other commercial uses, including light manufacturing, distribution, office space, contractor services, and landscaping businesses. Seller financing options are available.
Key Highlights
- New 6,000 sq.ft. light industrial building built in 2023.
- Located in the new Airport Industrial Park.
- Situated on a 30,000 sq.ft. lot.
Financial Insights For Industrial
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 | $96.5k | $16.08 |
| − Vacancy | −$5.3k | −$0.88 |
| EGI | $91.2k | $15.20 |
| − OpEx | −$27.4k | −$4.56 |
| NOI | $63.8k | $10.64 |
6,000 SF · lease $16.08/SF/yr · vacancy 5.50% · expense 30.00%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Thairiffic — 128 Main St, Marlborough, MA 01752
- The Buffet Way — 31 Curtis Ave, Marlborough, MA 01752
Frequently Asked Questions
What type of property is this?
Flex space - 6,000 sq.ft. light industrial building for sale.
Where is this flex space located?
The property is located at 66 Airport Blvd. #5 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 built in 2023.; Located in the new Airport Industrial Park.; Situated on a 30,000 sq.ft. lot.
