Building Details

Tenancy Single

Listing Agency: The Stubblebine Company

Listed By: Alex Smith · License #9631563 Show Phone

Source: Crexi

Added: May 20 Changed: Sep 22 Last Checked: Oct 4 at 8:41AM

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Investment Insights

Based on property information with market context.

An industrial building with 8,837 square feet of space is available for sale. The property is situated on a 0.93-acre lot.

Key Highlights

• 8,837 SF Industrial Building available
• Situated on a 0.93 AC Property
• For Sale

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$80,670

Cap Rate

6.45%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,613,400 $1.6M

Cap Rate 7%

$1,152,429 $1.2M

Cap Rate 9%

$896,333 $896.3K

Market Conditions

NOI Build-Up for 8,837 SF

Gross rent

$122.0K $13.80/SF

− Vacancy

−$6.7K −$0.76/SF

EGI

$115.2K $13.04/SF

− OpEx

−$34.6K −$3.91/SF

NOI

$80.7K $9.13/SF

Area

Worcester County, MA

Vacancy

5.50%

Lease Rate

$13.80 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,613,400

Cap Rate 7%

$1,152,429

Cap Rate 9%

$896,333

Alternative Uses

Best Use

Industrial

$1.15M

$1.01M – $1.34M (±1% cap)

NOI $80,670 @ 7.0% cap · market cap 6.45%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$3.02M

$2.64M – $3.52M (±1% cap)

NOI $211,240 @ 7.0% cap · market cap 16.90%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Industrial properties

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Real Estate Agency Locksmith Bakery Cafe & Coffee Shop

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

180

Businesses Nearby

Explore this area Business Placement

Demographics for 01537, MA

2,141

Population

779

Households

2.7

Avg Household Size

46

Median Age

35%

College-Educated

90%

High-School Grad

6.8 sq mi

ZIP Area

315

Density / Sq Mi

$94,261

Median Household Income

$57,083

Median Earnings

$1,223

Median Rent

$338,000

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this industrial properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial property - 8,837 SF industrial building on 0.93 AC available.

Where is this industrial property located?

The property is located at 723-725 Main Street Oxford, MA.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: 8,837 SF Industrial Building available; Situated on a 0.93 AC Property; For Sale