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    Bligh St Ayer, MA 01432

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    For Lease
    Contact for pricing

    Flex & Warehouse Space Available

    Lot size:
    13,231 SF

    Property Features for 0 Bligh St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,231 SF
    Class
    B
    Total Rate
    13231

    Building Details

    Year Built/Renovated
    1965/2019
    Stories
    1

    Spaces For Lease

    at 0 Bligh St, Ayer, MA 01432 Contact us
    Unit Available Space 2

    $12 /Mo

    Size
    1,500 SF
    Contact us
    Unit Available Space 1

    $14 /Mo

    Size
    11,000 SF
    Contact us

    We can help!

    Listing Contact
    Duncan Chapman
    Duncan Chapman

    Listing Agency: KW Commerical North Central Listing Agent: Duncan Chapman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This Ayer, MA property offers 13,231 square feet of flexible industrial space, perfect for various uses. Located on a 12.49-acre lot in Middlesex County's Lowell submarket, this Class B building boasts 14-foot ceilings, two loading docks, one drive-in door, and ample parking (150 spaces). Built in 1965 and renovated in 2019, the property features a single story and is zoned Commercial/Industrial. The minimum divisible space is 3,000 square feet, with a maximum contiguous space of 10,000 square feet. Currently, 2,000 square feet is vacant. Utilities include town sewer and water, three-phase power, and natural gas service. A rail spur provides direct access to CSX rail lines. The property includes outside storage areas and is conveniently located near the Devens Commerce Center and Ayer's downtown. Two spaces are available: one 11,000 square-foot space with 14-foot ceilings, two loading docks, a drive-in door, and rail spur access; and a smaller 1,500 square-foot space with 7-foot ceilings and two drive-in doors. The property benefits from a recently completed renovation including a new roof, updated lighting, and improved bathroom facilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Ayer
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.588265919876
    Latitude
    42.557394828267

    Nearby Similar for Lease

    • $200 SF/Yr

      Downtown Office Space for Rent

      Second-floor office space in downtown business district with ample parking.
      30-36 Main St, Ayer, MA 01432
      View Details
    • $10 SF/Yr
      67,590 SF

      Ayer Industrial Warehouse - 6 Willow Rd

      Multiple Suites Available, 34,000 SF Max
      6 Willow Rd, Ayer, MA 01432
      View Details

    FAQs

    What type of property is this?
    Distribution property - Flex & Warehouse Space Available
    Where is this distribution property located?
    The property is located at Bligh St Ayer, MA.
    What is the lease rate?
    The lease rate is $12-$14 SF/Yr.
    What are key features of this property?
    This property features: 13,231 SF industrial flex/warehouse space for lease in Lowell submarket of Middlesex County, MA.; Property features 4 suites, with a minimum divisible space of 3,000 SF and a maximum contiguous space of 10,000 SF; 2,000 SF currently vacant.; Building is Class B, 1-story, built in 1965 and renovated in 2019, offering 14' ceiling height, 2 loading docks, 1 drive-in door, and 150 parking spaces.
    (978) 840-9000 Call to check price and availability
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    Bligh St Ayer, MA 01432
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Bligh St Ayer, MA 01432
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Duncan Chapman
    Duncan Chapman
    Real Estate License ID: 147900
    (978) 840-9000 (978) 860-3630
    Learn more
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