3 Northeast Blvd, Sterling, MA 01564
This 7,500-square-foot freestanding warehouse, situated on a 2.06-acre lot in Sterling, Massachusetts, presents a unique owner-user opportunity. Built in 1995, the single-story building boasts a 25-foot ceiling height and a clear span design, perfect for various industrial uses. The property includes one loading dock and ample parking, catering to efficient operations. Currently vacant, this property offers immediate occupancy. Located less than a mile from Interstate 190, it provides convenient access to Worcester County and the Route 2 Corridor, ensuring excellent regional connectivity. The building's previous use as a machine shop speaks to its structural integrity and suitability for similar manufacturing or warehousing applications. The asking price is $950,000, translating to $126.67 per square foot. This represents a rare opportunity to acquire a small, freestanding warehouse with significant parking in a desirable location. The property will be delivered vacant at closing.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.