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    55 Scotland Blvd Bridgewater, MA 02324

    For Lease
    $15 SF/Yr

    56,000 SF Flex Space Near Route 24

    Lot size:
    56,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 56,000-square-foot industrial property in Plymouth County offers a versatile blend of warehouse, R&D, and manufacturing space. Ideally situated minutes from Route 24 and Interstate 495, this Class B building boasts 26,000 square feet of available space. The property features 24-foot clear heights, providing ample vertical storage capacity. Ten loading docks ensure efficient shipping and receiving, including five 8'x10' docks with levelers, two 8'x8' docks with levelers, and one 12'x14' dock. The building also includes 1,800 square feet of climate-controlled office space, perfect for administrative functions or R&D operations. The entire space is fully air-conditioned for optimal comfort and productivity. Recent renovations in 2024 include a new roof and pavement, ensuring the property is in excellent condition. The 7.26-acre lot provides ample parking and room for expansion. The property is served by municipal water and sewer, offering reliable utilities. Its industrial zoning allows for a variety of uses, making it an ideal investment opportunity for businesses seeking flexible and modern industrial space. This property is ready for immediate occupancy.

    Property Features for 55 Scotland Blvd

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    56,000 SF
    Class
    B
    Total Rate
    72333.33

    Building Details

    Year Renovated
    2024

    Unit(s) available at that property

    Space
    Size
    26,000 SF
    Rate per SF
    $15

    HighLights

    • 56,000 SF industrial building, 26,000 SF currently available.
    • 1,800 SF of climate‑controlled office space.
    • 24,200 SF of warehouse/R&D space with 24' clear height ceilings.
    • Ten loading docks; five 8'x10' with levelers, two 8'x8' with levelers, one 12'x14' (no leveler), and two additional 8'x8' docks (no levelers).
    • Fully air‑conditioned throughout.
    • Municipal water and sewer.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bridgewater
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -71.0072694
    Latitude
    41.9773555

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    FAQs

    What type of property is this?
    Life science property - 56,000 SF Flex Space Near Route 24
    Where is this life science property located?
    The property is located at 55 Scotland Blvd Bridgewater, MA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 56,000 SF industrial building, 26,000 SF currently available.; 1,800 SF of climate-controlled office space.; 24,200 SF of warehouse/R&D space with 24' clear height ceilings.
    Request Owner's contact information
    55 Scotland Blvd Bridgewater, MA 02324
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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
    55 Scotland Blvd Bridgewater, MA 02324
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