302 Boxboro Rd Stow, MA 01775
- Sports & entertainment properties
- 11.04 lot acres
Current Use by Public Records
- Minute Man Air Field / Airport
- Stow Aviation Services, Inc. / Aviation Consultant
- Aesop Engineering / Antenna Service / Electronics Repair Shop
- National Aviation Academy / Trade School / Adult Education School
- Fourth & Field / Restaurant
Property Details for 302 Boxboro Rd
- Lot size
- 11.04 lot acres
- Zone code
- I
- Property type
- Sports & entertainment properties
- APN
- STOW M:000R-7 P:035B-4
- APU
- STOWM000R7P035B4
Description
Exceptional investment opportunity: Minute Man Air Field (6B6), a thriving, 24-hour, all-weather public-use airport in Stow and Boxborough, Massachusetts. This 225-acre property boasts seven buildings totaling 55,612 square feet on 25 acres of industrially zoned land. The complex includes two office buildings, an administration building with an on-site restaurant, five hangars, an access road, ample parking, a lighted runway and taxiway, and a fuel farm. The property also features a DEP-certified public water supply for tenants and extensive snow removal and maintenance equipment, including blowers, plows, trucks, loaders, and tractors. The remaining 194 acres of open space, much of which is actively farmed, presents significant development potential, including the possibility of completing Stow's "Emerald Necklace" project and adding a solar farm and cell tower. Currently operating at 100% occupancy with six units, this turnkey operation offers a compelling return on investment, with an asking price of $6,900,000 ($1,150,000 per unit and $124.07 per square foot). This unique offering combines established income generation with substantial future development possibilities. The property is located at 302 Boxboro Rd, Stow, MA 01775.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Stow
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.5137
- Latitude
- 42.4577
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA