28 Appleton Rd Auburn, MA 01501
- Commercial real estate
- 0.37 lot acres
Current Use by Public Records
- Dumas Roofing Co / Roofing Contractor
Property Details for 28 Appleton Rd
- Lot size
- 0.37 lot acres
- Property type
- Commercial real estate
- APN
- AUBU M:0060 L:0072
- APU
- AUBUM0060L0072
Description
This exceptional commercial property at 28 Appleton Rd, Auburn, MA, presents a unique investment opportunity. Strategically positioned at the intersection of Appleton Road and Route 20, this high-visibility location boasts substantial traffic counts, ensuring maximum exposure for your business. The property encompasses a 0.46-acre lot and includes a 2,838 square foot office building, complete with a full basement, ideal for administrative functions or client interaction. The office space offers ample room for various professional services or business operations. In addition, a 2,775 square foot warehouse is available, featuring a clear span design with the potential for expansion, drive-in access, and 3-phase power. This warehouse space is perfectly suited for light manufacturing, storage, or distribution needs. The property's convenient location offers easy access to major transportation arteries, including the Mass Pike, Route 395, and Route 290, providing seamless connectivity for your business and employees. Given its versatility and prime location, this property is well-suited for a wide range of commercial ventures. The asking price is $1,290,000. This is a rare opportunity to acquire a well-established commercial property in a high-traffic area with significant growth potential. Don't miss out on this chance to establish or expand your business in a thriving location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $255,000
- 6.5%
- $250,000
- 7%
- $235,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $250,000
- Geo Method
- $270,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $250,000
- Retail
- $275,000
- Mixed-Use
- $270,000
- Hospitality
- $205,000
- Educational
- $200,000
- Residential Income
- $240,000
- Energy
- $265,000
- Income-Based Land
- $265,000
- Food Service
- $205,000
Location Insight
- Map
- Local Demand
- City
- Auburn
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.8663
- Latitude
- 42.1803
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA