Industrial Building Near Route
For Sale
$1,250,000
723 Main Street, Oxford, MA 01537
Industrial facility offering a substantial building footprint on an approximately one-acre parcel with convenient route access.
Property Size8,837 SF
Lot Size0.93 Acres
Price / SF$141.45
Days on Market54
Property Features for 723 Main Street
General Information
Standard status
Active
Size
8,837 SF
Lot size
0.93 Acres
Property subtype
Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
8,837 SF
Buildings
1
Listing Agency:
The Stubblebine Company
Listed By:
Alex Smith · License #MA #9631563
(631) 459-2193
Source:
Corfac
Added: Aug 13
Changed: Sep 7
Last Checked: Oct 4 at 7:20AM
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 The Stubblebine Company
Investment Insights
Based on property information with market context.
This industrial property includes an 8,837 square foot building situated on 0.93 acres. The asset is positioned adjacent to Route 20, providing direct proximity to a regional roadway.
Route 395 is 2.3 miles away, while Route 90 is 2.5 miles from the property. The Oxford, Massachusetts location combines an industrial building with access to multiple established transportation routes.
Route 395 is 2.3 miles away, while Route 90 is 2.5 miles from the property. The Oxford, Massachusetts location combines an industrial building with access to multiple established transportation routes.
Key Highlights
- 8,837 +/- SF industrial building
- Situated on 0.93 AC
- Adjacent to Route 20
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
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
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
Lease Details
Yes
Highway access
Yes
Paved road access
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Industrial property - Industrial facility offering a substantial building footprint on an approximately one-acre parcel with convenient route access.
Where is this industrial property located?
The property is located at 723 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; Situated on 0.93 AC; Adjacent to Route 20
