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Property profile & analytics
OFF-MARKET
Warehouses

40-88 Crescent St Worcester, MA 01605

251,202 SF
Property ID
Property summary
AI-generated overview

This exceptional industrial property, located at 40-88 Crescent Street in Worcester, Massachusetts, 01605, offers a substantial 251,202 square feet of versatile space ideal for manufacturing, warehousing, or distribution. The single-tenant building sits on a generous 20.73-acre lot, providing ample room for parking and outdoor storage. The property boasts 4 loading docks and 4 drive-ins, ensuring efficient goods movement. High bay ceilings range from 15 to 50 feet, offering significant vertical space. The property is equipped with 3800 amps of power. Its strategic location offers excellent highway access via I-290, with convenient proximity to I-90, I-190, I-495, and Routes 146, 9, and 20, ensuring seamless transportation and logistics. The property is zoned MG-2 within Worcester County. The entire building is currently vacant, presenting a unique opportunity for a single tenant to occupy this expansive and well-situated industrial complex. This property is ready for immediate occupancy.

Property profile
Verified
Property type Warehouses
Total area 251,202 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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