100 Bearfoot Rd Northborough, MA 01532
- Manufacturing properties
- 24,600 SF
- 4.37 lot acres
Current Use by Public Records
- Maerkisches Werk of North America, Inc. / Wholesaler
Property Details for 100 Bearfoot Rd
- Year built
- 1982
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 4.37 lot acres
- Property size
- 24,600 SF
- Zone code
- I
- Property type
- Manufacturing properties
- APN
- NBOR M:0280 L:0043
- APU
- NBORM0280L0043
Description
This exceptional industrial flex space, located at 100 Bearfoot Rd in Northborough, Massachusetts, offers a total of 17,505 square feet in a single-tenant building. The property boasts 14,580 square feet of readily available vacant space, perfect for immediate occupancy. Situated on a generous five-acre lot, this warehouse features a substantial 30-foot ceiling height, providing ample vertical space for various operational needs. Two loading docks ensure efficient loading and unloading processes. The property is equipped with robust three-phase power, offering up to 800 amps at 420V, suitable for power-intensive operations. The zoning is designated as Industrial, allowing for a wide range of industrial and flex uses. Its strategic location in Worcester County provides unparalleled access to major transportation arteries. Less than a mile from Route 290, three miles from Route 495, and ten miles from the Mass Pike (I-90), this property offers seamless connectivity throughout the region. Furthermore, its proximity to the Solomon Pond Mall adds to its appeal and accessibility. This property presents a unique opportunity for businesses seeking a well-located, spacious, and functional industrial or flex space in a thriving area. The property is zoned for industrial use and is located in the 01532 zip code.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,105,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,200,000
- 6.5%
- $2,845,000
- 7%
- $3,165,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,465,000
- Geo Method
- $2,775,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,355,000
- Retail
- $3,090,000
- Mixed-Use
- $3,705,000
- Hospitality
- $3,055,000
- Educational
- $2,910,000
- Residential Income
- $3,535,000
- Energy
- $3,440,000
- Income-Based Land
- $3,380,000
- Food Service
- $3,285,000
Location Insight
- Map
- Local Demand
- City
- Northborough
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.638
- Latitude
- 42.3417
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA