131 Patriots Rd Templeton, MA 01468
- Retail properties
- 896 SF
- 0.12 lot acres
Current Use by Public Records
- Retail properties
Property Details for 131 Patriots Rd
- Year built
- 1960
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.12 lot acres
- Property size
- 896 SF
- Property type
- Retail properties
- APN
- TEMP M:01-02 B:00158 L:00000
- APU
- TEMPM0102B00158L00000
Description
This exceptional commercial property, located at 131 Patriots Rd in Templeton, MA, presents a unique opportunity for a business seeking high visibility and convenient access. Situated on a 0.12-acre lot at the new rotary in East Templeton, this building enjoys unparalleled exposure to thousands of vehicles daily. The property's strategic location across from the post office and restaurants ensures consistent foot and vehicle traffic, maximizing your business's potential for growth. Previously used as a Fire Protect building, the structure offers ample space for a variety of uses, particularly suited for contractors, plumbers, or electricians needing office space and substantial storage. The property's large yard provides excellent space for signage, guaranteeing 100% coverage on Route 2A, further enhancing visibility and attracting potential customers. The building's existing infrastructure provides a solid foundation for a new business to thrive, offering a cost-effective alternative to new construction. Ample parking is available, adding to the property's overall convenience and appeal. This is an ideal opportunity to establish a strong presence in a thriving East Templeton community and capitalize on the high traffic volume generated by the nearby rotary and surrounding businesses. The asking price is $125,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $70,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $85,000
- 6.5%
- $85,000
- 7%
- $90,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $95,000
- Geo Method
- $100,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $95,000
- Retail
- $80,000
- Mixed-Use
- $100,000
- Hospitality
- $105,000
- Educational
- $100,000
- Residential Income
- $100,000
- Energy
- $90,000
- Income-Based Land
- $105,000
- Food Service
- $85,000
Location Insight
- Map
- Local Demand
- City
- Templeton
- County
- Worcester
- State
- Massachusetts
- Longitude
- -72.0379
- Latitude
- 42.5623
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA