347 Middlesex Rd Tyngsborough, MA 01879
- Showrooms
- 38,500 SF
- 11.09 lot acres
Current Use by Public Records
- Showrooms
Property Details for 347 Middlesex Rd
- Year built
- 2016
- Construction
- STEEL FRAME
- Lot size
- 11.09 lot acres
- Property size
- 38,500 SF
- Zone code
- B3
- Property type
- Showrooms
- APN
- TYNG M:019 B:0009 L:0
- APU
- TYNGM019B0009L0
Description
This exceptional 40,000-square-foot industrial property, situated on an expansive 11-acre lot in Tyngsborough, Massachusetts, presents a unique investment opportunity. The building, previously used as a marble company headquarters, boasts a versatile layout encompassing showroom, office, warehouse, and manufacturing space. Features include a 24-foot ceiling height, four loading docks, eight drive-ins, and ample gated parking. The property benefits from robust power capabilities exceeding 1,000 amps, 3-phase, 4-wire service. Zoned B3 (Business 3 General Shopping), the site allows for a wide range of uses, including but not limited to manufacturing (with retail component), agricultural, assisted living, auto dealerships, breweries, daycares, distilleries, educational facilities, hotels, nursing homes, recreational uses, restaurants, and veterinary clinics. The building's prime location offers excellent visibility overlooking Route 3A. The substantial lot size allows for the potential construction of an additional building up to 60,000 square feet. This is a rare opportunity to acquire a high-quality, versatile industrial property in a desirable location. The entire 40,000 square feet is currently vacant and available for immediate occupancy. The property is located at 347 Middlesex Road, Tyngsborough, MA 01879.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,370,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,455,000
- 6.5%
- $5,460,000
- 7%
- $5,770,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,215,000
- Geo Method
- $6,155,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,110,000
- Retail
- $5,000,000
- Mixed-Use
- $6,085,000
- Hospitality
- $6,085,000
- Educational
- $4,930,000
- Residential Income
- $5,575,000
- Energy
- $4,400,000
- Income-Based Land
- $5,725,000
- Food Service
- $4,825,000
Location Insight
- Map
- Local Demand
- City
- Tyngsboro
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.4294
- Latitude
- 42.6864
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA