Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    24 Rd Uxbridge, MA 01569
    Back to Search
    Property profile & analytics

    24 Rd Uxbridge, MA 01569

    View on Map
    • Land
    • 23.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 24 Rd

    Lot size
    23.00 lot acres
    Property type
    Land

    Description

    This exceptional 23-acre parcel in Uxbridge, Massachusetts, presents a compelling opportunity for developers. Located off South Main Street (Route 122) in Worcester County, this commercially zoned land is designated for an age-restricted (55+) community, allowing for the construction of townhouses, duplexes, and triplexes. The property boasts convenient access to town water and sewer, as well as electricity at the street, simplifying infrastructure development. A conceptual plan illustrating a potential 40-unit layout is available. While the land is largely high and dry, some wetlands are present. It's important to note that no recent site engineering has been conducted

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Uxbridge
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.6264
    Latitude
    42.071

    Comparable in this City

    • Value Estimation
      $685,000
      6,992 SF

      755 Quaker Hwy

      SHOW ROOM, WAREHOUSE • 6,992 SF
      755 Quaker Hwy, Uxbridge, MA 01569-2251
      View Details
    • Value Estimation by Request
      2,730 SF

      454 Quaker Hwy

      COMMERCIAL (GENERAL) • 2,730 SF
      454 Quaker Hwy, Uxbridge, MA 01569-1603
      View Details
    • Value Estimation by Request
      4.25 Acres

      325 Mendon St

      INDUSTRIAL - VACANT LAND • 4.25 Acres
      325 Mendon St, Uxbridge, MA 01569-1303
      View Details
    • Value Estimation by Request
      1.36 Acres

      102 Main St

      VACANT COMMERCIAL LAND • 1.36 Acres
      102 Main St, Uxbridge, MA 01569-1840
      View Details
    • Value Estimation by Request
      1.17 Acres

      118 Providence St

      VACANT COMMERCIAL LAND • 1.17 Acres
      118 Providence St, Uxbridge, MA 01569-2242
      View Details
    • Value Estimation by Request
      2.33 Acres

      605 Quaker Hwy

      INDUSTRIAL - VACANT LAND • 2.33 Acres
      605 Quaker Hwy, Uxbridge, MA 01569
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      30 Acres Commercial Land Uxbridge

      30-acre commercial land with high visibility and highway access.
      762 Quaker Hwy, Uxbridge, MA 01569
      View Details
    • Contact for pricing

      Industrial Land on Route 146

      4 to 6 acres of land with highway frontage.
      619 Quaker Hwy, Uxbridge, MA 01569
      View Details
    • $7,900,000

      Uxbridge Rail-Serviced Industrial Land

      27.68 acres of rail-serviced industrial land in Uxbridge, MA.
      290 Millville Rd, Uxbridge, MA 01569
      View Details
    • Contact for pricing

      Uxbridge Land Site Opportunity

      Approximately 10.78 acres suitable for industrial or commercial use.
      685 Quaker Hwy, Uxbridge, MA 01569
      View Details
    • Contact for pricing

      Uxbridge Rail-Serviced Industrial Land

      27.68 acres of permitted industrial land with rail service.
      290 Millville Rd, Uxbridge, MA 01569
      View Details
    • Contact for pricing

      Industrial Land For Sale

      6 acres of industrial land available in Uxbridge, MA.
      1061 Quaker Hwy, Uxbridge, MA 01569
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      200,000 SF

      Industrial Space in Uxbridge Business Park

      Available industrial space for lease in Uxbridge, Massachusetts.
      139 Campanelli Dr, Uxbridge, MA 01569
      View Details
    • $1,800 /Mo
      896 SF

      Downtown Uxbridge Commercial Space

      First-floor office/retail space in downtown Uxbridge available for lease.
      8 Court St, Uxbridge, MA 01569
      View Details
    • Contact for pricing
      5,400 SF

      Retail Space Available For Lease

      Retail space available for lease in Uxbridge, Massachusetts.
      158 North Main St, Uxbridge, MA 01569
      View Details
    • $15 SF/Yr

      Renovated Industrial Space Available Now

      Move-in ready industrial space with high ceilings and easy access.
      237 River Rd, Uxbridge, MA 01569
      View Details
    • Contact for pricing
      18,668 SF

      Uxbridge Warehouse with Office Space

      Sub-lease opportunity: 18,668 SF warehouse with office and mezzanine.
      740 Quaker Hwy, Uxbridge, MA 01569
      View Details
    • $15 SF/Yr

      Renovated Industrial Space Available Now

      Move-in ready industrial space with convenient highway access.
      237 River Rd, Uxbridge, MA 01569
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    24 Rd
    Uxbridge, MA 01569
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    24 Rd, Uxbridge, MA, 01569
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!