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    OFF-MARKET
    Day care centers

    1 Beverly Dr, Sterling, MA 01564-2149

    2,600 SF 1.04 ac lot Built 1987
    Individually Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US38-1390074
    Property summary
    AI-generated overview

    This exceptional free-standing building, situated on a one-acre lot, offers 2,600 square feet of versatile space. Originally constructed in 1983 and extensively renovated in 2016, this single-story property boasts a unique blend of traditional, medical, and creative office capabilities. The building features convenient drive-in access and ample parking, catering to a variety of business needs. Internal amenities include a gym, kitchen, studio, and substantial storage areas. The property's zoning allows for diverse uses, including education, therapy, retail, industrial, fitness, and religious organizations. A five-year triple-net lease is available, commencing January 2025, at a monthly rate of $4600. The building's prime location on Route 12 offers easy access to major roadways, including Routes 190 and 2, enhancing its appeal and accessibility. An added benefit is a secure, fenced outdoor area. This property presents a rare opportunity for a business seeking a well-maintained, versatile space with excellent visibility and convenient access.

    Property profile
    Verified
    Property type Day care centers
    Use group DAY CARE, PRE-SCHOOL
    Year built 1987
    Construction STEEL FRAME
    Total area 2,600 SF
    Lot 1.04 ac (45,302 SF)
    APN STER M:00024 L:00012
    UPID US38-1390074
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Insync Communications Ctr · 10 yrs held
    Insync Communications Ctr
    since 2016
    7 recorded transactions
    2016
    2009
    $335,000
    1998
    1997
    1997
    $90,000
    1991
    $190,000
    1991
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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