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    807 Sterling Rd Lancaster, MA 01523

    Sponsored
    For Lease
    $12 SF/Yr

    Versatile Flex Space, 28,805 SF Total

    Lot size:
    28,805 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Lancaster, MA property offers 28,805 square feet of versatile industrial/flex space, ideal for a variety of uses. The property comprises two buildings, including a main building with 18,000 square feet of heated and cooled flex space, a 6,400-square-foot warehouse, and a 5,100-square-foot flex building with a lab. Currently, 9,649 square feet is available, divisible into spaces ranging from 1,472 to 9,649 contiguous square feet. The property features eight drive-in doors, ample parking for 70 vehicles, and a 12-foot ceiling height. Built in 1976, this Class C property sits on a 2.7-acre lot and offers 800 AMP, 208V power. The property is zoned I and has a total of three suites. This multi-tenant property presents a unique opportunity for businesses seeking flexible and adaptable space in a convenient Lancaster location. The property's combination of warehouse, flex, and lab space makes it suitable for a wide range of industrial and manufacturing operations. The ample parking and drive-in access ensure efficient loading and unloading.

    Property Features for 807 Sterling Rd

    General Information

    Property type
    Refrigerated & Cold Storages
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    28,805 SF
    Class
    C
    Total Rate
    28805

    Building Details

    Year Built
    1976
    Buildings
    2
    Stories
    2

    Unit(s) available at that property

    Space
    1 ST - 2
    Size
    3,917 SF
    Rate per SF
    $12
    Space
    1 ST - Suite 1
    Size
    1,472 SF
    Rate per SF
    $12
    Space
    1 ST
    Size
    4,260 SF
    Rate per SF
    $12

    HighLights

    • 28,805 SF of versatile industrial/flex space in Lancaster, MA.
    • Two buildings totaling 28,805 SF: 18,000 SF heated/cooled flex space, 6,400 SF warehouse, and 5,100 SF flex space with lab.
    • 9,649 SF currently available, divisible from 1,472 SF to 9,649 SF.
    • Eight drive‑in doors, 70 parking spaces, and 12' ceiling height.
    • 2.7‑acre lot, 800 AMP, 208V power, Class C building (1976 construction).
    • I‑zoned, three suites, multi‑tenant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Refrigerated & Cold Storages

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Auto Repair Shop Kitchen & Bath Food Market Accounting Firm Storage Facility HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7119631
    Latitude
    42.4408961

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - Versatile Flex Space, 28,805 SF Total
    Where is this refrigerated / cold storage located?
    The property is located at 807 Sterling Rd Lancaster, MA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 28,805 SF of versatile industrial/flex space in Lancaster, MA.; Two buildings totaling 28,805 SF: 18,000 SF heated/cooled flex space, 6,400 SF warehouse, and 5,100 SF flex space with lab.; 9,649 SF currently available, divisible from 1,472 SF to 9,649 SF.
    Request Owner's contact information
    807 Sterling Rd Lancaster, MA 01523
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    Lancaster, MA 01523
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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
    807 Sterling Rd Lancaster, MA 01523
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