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    31 Independence Dr Devens, MA 01434

    For Lease
    Contact for pricing

    Class A Manufacturing/Distribution Space

    Lot size:
    577,616 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Class A industrial property, located at 31 Independence Drive in Devens, Massachusetts, offers 577,616 square feet of total building space, with 95,000 square feet currently available for lease. The property boasts a desirable multi-tenant configuration, ideal for a variety of manufacturing, distribution, or research and development operations. Situated on a generous 5.6-acre lot, the building features a substantial 36-foot ceiling height, providing ample vertical space for efficient operations and storage. The zoning designation is Industrial/Trade (Manufacturing, Distribution, Light Assembly and R&D), ensuring flexibility and suitability for a wide range of industrial uses. This new construction building is designed to meet the highest standards, reflecting its Class A designation. The available 95,000 square feet presents a unique opportunity for businesses seeking modern, efficient, and strategically located industrial space in the thriving Devens, MA market. The property's ample land area and strategic location offer significant potential for expansion and future development. This is a prime opportunity to secure a high-quality industrial space in a dynamic and growing area. The zip code is 01434.

    Property Features for 31 Independence Dr

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    577,616 SF
    Class
    A

    Unit(s) available at that property

    Space
    Space Available
    Size
    95,000 SF

    HighLights

    • 95,000 square feet of rentable space
    • 36‑foot clear height ceilings
    • ESFR fire sprinkler system
    • Q1 2026 delivery
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Map

    City
    Devens
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7420206
    Latitude
    42.4859947

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    FAQs

    What type of property is this?
    Life science property - Class A Manufacturing/Distribution Space
    Where is this life science property located?
    The property is located at 31 Independence Dr Devens, MA.
    What are key features of this property?
    This property features: 95,000 square feet of rentable space; 36-foot clear height ceilings; ESFR fire sprinkler system
    Request Owner's contact information
    31 Independence Dr Devens, MA 01434
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    Devens, MA 01434
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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
    31 Independence Dr Devens, MA 01434
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