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    5 Perkins Way Newburyport, MA 01950

    Sponsored
    For Lease
    $13 SF/Yr

    Flex/Warehouse Units Available Now

    Lot size:
    54,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property at 5 Perkins Way, Newburyport, MA 01950, offers a unique opportunity for businesses seeking flexible and versatile warehouse space. The property boasts a total of 54,900 square feet, with 6,796 square feet currently available for lease. The building is situated on a generous 2.46-acre lot within the Newburyport Industrial Park, providing ample space for loading and maneuvering. The available space is ideal for a variety of uses, thanks to its flex/warehouse configuration. The property features one loading dock for convenient access and boasts 200 AMP, three-phase power, ensuring sufficient energy for most industrial operations. The zoning designation is Newburyport Industrial Park, allowing for a range of permitted uses. Multiple tenancy is available, with units 1, 4, and 9 currently available, ranging in size from approximately 1,000 to 1,300 square feet. This location provides easy access to major transportation routes, making it an attractive option for businesses needing efficient logistics. Don't miss this chance to secure your ideal space in this thriving industrial park. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 5 Perkins Way

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    54,900 SF
    Total Rate
    59475

    Unit(s) available at that property

    Space
    Unit 2
    Size
    6,796 SF
    Rate per SF
    $13

    HighLights

    • Natural gas hookup.
    • City water and sewer connection.
    • 200‑amp, three‑phase power; electrical service upgraded in 2023.
    • Ample shared parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newburyport
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8839008
    Latitude
    42.796095

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    FAQs

    What type of property is this?
    Distribution property - Flex/Warehouse Units Available Now
    Where is this distribution property located?
    The property is located at 5 Perkins Way Newburyport, MA.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Natural gas hookup.; City water and sewer connection.; 200-amp, three-phase power; electrical service upgraded in 2023.
    Request Owner's contact information
    5 Perkins Way Newburyport, MA 01950
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5 Perkins Way Newburyport, MA 01950
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