152 Lincoln RdLincoln, MA 01773

Property Details for 152 Lincoln Rd

Year built

2001

Construction

FRAME

Lot size

0.57 AC

Property size (Sq ft)

5,510 SF

Zone code

B1

Property type

Office properties

Property subtype

Office buildings

APN

LINC M:162 L:33 S:0

APU

LINCM162L33S0

Description

This exceptional 5,510 square foot traditional office space, located at 152 Lincoln Road Unit 3 in Middlesex County, presents a unique investment opportunity. Built in 2001, this single-tenant property sits on a 0.57-acre lot and offers a highly desirable corner location. The building boasts convenient access to public transportation, with the commuter rail just steps away. Furthermore, the property's strategic location provides immediate proximity to a variety of amenities including a grocery store, bank, post office, and numerous restaurants, enhancing both employee convenience and potential tenant appeal. Inside, the office space features attractive hardwood floors throughout, adding to its professional ambiance. A private bath and ample storage closets provide added convenience and functionality. The flexible floor plan allows for versatile use, adapting to a wide range of business needs. The absence of elevators should be noted. This property is ideal for businesses seeking a well-located, functional, and easily accessible office space in a thriving commercial area. The ample parking available further enhances the property's desirability. This is a rare opportunity to acquire a well-maintained, strategically positioned office building in a highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $910,968

  6.5%

  $840,893

  7%

  $780,829

• Comparable approach

  Method

  Valuation

  Relative Method

  $719,937

  Geo Method

  $719,937

• Alternative Use

  Use

  Valuation

  Residential

  $1,042,708

  Hospitality

  $955,114

  Educational

  $794,644

  Medical

  $821,973

  Retail

  $1,236,113

Location Insight

City

Lincoln

County

Middlesex

State

Massachusetts

Latitude

42.4142

Longitude

-71.3247

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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