10 Riverside Dr Lakeville, MA 02347
- Office buildings
- 22,936 SF
- 2.28 lot acres
Current Use by Public Records
- Office buildings
Property Details for 10 Riverside Dr
- Year built
- 1990
- Construction
- STEEL FRAME
- Lot size
- 2.28 lot acres
- Property size
- 22,936 SF
- Property type
- Office buildings
- APN
- LAKE M:00062 B:0003 L:010H
- APU
- LAKEM00062B0003L010H
Description
This exceptional Class A office space, located at 10 Riverside Drive in Lakeville, Massachusetts, offers a prime opportunity for businesses seeking a prestigious and convenient location. The property, part of the Lakeville Corporate Park, boasts a total of 24,000 square feet across multiple tenancies, with 1,350 square feet currently vacant. This specific suite comprises 1,042 square feet, ideal for a variety of professional uses. Built in 1991, the building sits on a generous 3.35-acre lot, providing ample space and potential for future expansion. Its strategic location directly off Interstate 495 ensures effortless access to Boston, Providence, and Cape Cod, making it an attractive option for companies needing easy regional connectivity. The Lakeville Corporate Park itself offers significant future development potential, with over 14 acres of developable land planned for an additional 158,000 square feet of commercial space. This presents a unique opportunity to be part of a thriving business community with excellent growth prospects. The property's professional subtype and multiple tenancy structure offer flexibility for various business needs. Don't miss this chance to secure a highly desirable office space in a rapidly developing area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $320,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $370,000
- 6.5%
- $370,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $340,000
- Geo Method
- $340,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $340,000
- Retail
- $355,000
- Mixed-Use
- $325,000
- Hospitality
- $365,000
- Educational
- $300,000
- Residential Income
- $310,000
- Energy
- $390,000
- Income-Based Land
- $400,000
- Food Service
- $330,000
Location Insight
- Map
- Local Demand
- City
- Lakeville
- County
- Plymouth
- State
- Massachusetts
- Longitude
- -70.923
- Latitude
- 41.8768
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA