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    257 Simarano Dr Marlborough, MA 01752

    Sponsored
    For Lease
    Contact for pricing

    Modern flex space, 12,206 SF vacant

    Lot size:
    55,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Marlborough, MA industrial property at 257 Simarano Drive offers 55,000 square feet of flexible space across three buildings, ideal for R&D, tech, office, or lab uses. Currently, 12,206 contiguous square feet are immediately available, with a minimum divisible space of 1,044 square feet. The property features a Class B rating, having undergone renovations in 2024, boasting a 20-foot ceiling height and ample natural light. Built in 1981, the two-story buildings sit on 12 acres of land and provide 150 parking spaces. The property benefits from heavy power (2500a/277-480v 3p) and is zoned for industrial use. Its convenient location offers direct access to I-495 via Exit 23. The property includes full HVAC, high-level security, and fire safety systems, making it suitable for a variety of technology-focused tenants. The site is well-suited for businesses requiring loading and warehousing capabilities. Multiple suites are available.

    Property Features for 257 Simarano Dr

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    55,000 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1981/2024
    Buildings
    3
    Stories
    2

    Unit(s) available at that property

    Space
    103
    Size
    8,644 SF
    Space
    107-F
    Size
    3,274 SF
    Space
    Warehouse Cage
    Size
    500 SF
    Space
    Suite 150
    Size
    253 SF
    Space
    Suite 100
    Size
    10,047 SF

    HighLights

    • 1981 Construction, Renovated in 2012
    • 2012 Renovation
    • 55,000 SF Flex R&D Building
    • 9.92‑Acre Site
    • Ample Parking
    • Industrial Zoning
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Auto Repair Shop Wholesale Shop Clothing Store Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Marlborough
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.5807871
    Latitude
    42.3246554

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    FAQs

    What type of property is this?
    Life science property - Modern flex space, 12,206 SF vacant
    Where is this life science property located?
    The property is located at 257 Simarano Dr Marlborough, MA.
    What are key features of this property?
    This property features: 1981 Construction, Renovated in 2012; 2012 Renovation; 55,000 SF Flex R&D Building
    Request Owner's contact information
    257 Simarano Dr Marlborough, MA 01752
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    Marlborough, MA 01752
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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
    257 Simarano Dr Marlborough, MA 01752
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