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    293 Libbey Pkwy Weymouth, MA 02189

    For Lease
    $24 SF/Yr ($20,000 /Mo)

    10,000 SF Warehouse, 11 Acres

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional industrial property, located at 293 Libbey Parkway in Weymouth, Massachusetts, 02189, offers 10,000 square feet of warehouse and distribution space within a single, one-story building. Constructed in 2006, the Class B building boasts a 22-foot ceiling height, providing ample room for storage and operations. The property sits on a generous 11 acres of land and includes 160 parking spaces, ensuring convenient access for employees and clients. Currently configured for multiple tenants, there is one available space of 3,000 square feet. This space includes a small reception/office area, ideal for a business requiring both warehouse and office functionality. The property's strategic location in the Libbey Industrial Parkway, directly off Route 3, offers excellent accessibility and visibility. This is a rare opportunity to secure a well-maintained, spacious warehouse in a prime location. The property is ready for immediate occupancy.

    Property Features for 293 Libbey Pkwy

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Class
    B
    Total Rate
    20000

    Building Details

    Year Built
    2006
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 250
    Size
    3,000 SF
    Rate per SF
    $24

    HighLights

    • 10,000 SF warehouse/distribution space in a single‑story building on 11 acres.
    • 22' ceiling height.
    • 160 parking spaces.
    • 3,000 SF of immediately available space with office area.
    • Excellent Route 3 access in Weymouth, MA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Weymouth
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -70.937570807235
    Latitude
    42.19026070075

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    FAQs

    What type of property is this?
    Distribution property - 10,000 SF Warehouse, 11 Acres
    Where is this distribution property located?
    The property is located at 293 Libbey Pkwy Weymouth, MA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 10,000 SF warehouse/distribution space in a single-story building on 11 acres.; 22' ceiling height.; 160 parking spaces.
    Request Owner's contact information
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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
    293 Libbey Pkwy Weymouth, MA 02189
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