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    16 Carleton Dr Georgetown, MA 01833

    For Lease
    Contact for pricing

    83,000 SF Warehouse, Multiple Tenants

    Lot size:
    83,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Essex County warehouse, totaling 83,000 square feet, offers a unique opportunity for multiple tenants. The property boasts a flexible layout, with spaces divisible down to 2,500 square feet and up to a maximum contiguous space of 48,891 square feet. Currently, 62,841 square feet is available for lease. The building, renovated in 2019, features impressive ceiling heights ranging from 13 to 29 feet, providing ample vertical space for storage and operations. Five drive-in doors ensure efficient loading and unloading. Power is robust, with 1,000 amps/480v available. A significant advantage is the presence of two bridge cranes, one with a 5-ton capacity and the other with a 10-ton capacity, ideal for heavy lifting needs. A column-free section is available, maximizing usable space. The property is zoned for industrial use and sits on a substantial 14.6-acre lot, providing extensive outdoor storage area. Its convenient location just off Route 95 offers easy access to major transportation arteries. The building is suitable for various industrial uses and is divisible to 15,000 square feet, catering to a range of business needs. This is a rare opportunity to secure prime warehouse space in a highly desirable location.

    Property Features for 16 Carleton Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    83,000 SF

    Building Details

    Year Renovated
    2019

    Unit(s) available at that property

    Space
    1st Floor Office
    Size
    2,500 SF
    Space
    Warehouse Space
    Size
    48,891 SF
    Space
    2nd Floor Office
    Size
    5,450 SF
    Space
    Flex Space
    Size
    6,000 SF

    HighLights

    • 6,000 SF of industrial space available for lease.
    • Column‑free section available.
    • Divisible to 15,000 SF.
    • Two bridge cranes (5‑ton and 10‑ton capacity).
    • Convenient location off Route 95.
    • 14.6‑acre outdoor storage area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Auto Repair Shop Gym & Fitness Department Store Kitchen & Bath Garden Center Electrical Service Bakery Plumbing Service Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.965268
    Latitude
    42.7126228

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    FAQs

    What type of property is this?
    Distribution property - 83,000 SF Warehouse, Multiple Tenants
    Where is this distribution property located?
    The property is located at 16 Carleton Dr Georgetown, MA.
    What are key features of this property?
    This property features: 6,000 SF of industrial space available for lease.; Column-free section available.; Divisible to 15,000 SF.
    Request Owner's contact information
    16 Carleton Dr Georgetown, MA 01833
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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
    16 Carleton Dr Georgetown, MA 01833
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