1 Beverly Dr Sterling, MA 01564-2149
- Day care centers
- 2,600 SF
- 1.04 lot acres
Current Use by Public Records
- Day care centers
Property Details for 1 Beverly Dr
- Year built
- 1987
- Construction
- STEEL FRAME
- Lot size
- 1.04 lot acres
- Property size
- 2,600 SF
- Property type
- Day care centers
- APN
- STER M:00024 L:00012
- APU
- STERM00024L00012
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $360,000
- 6.5%
- $405,000
- 7%
- $365,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $340,000
- Geo Method
- $325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $390,000
- Retail
- $305,000
- Mixed-Use
- $290,000
- Hospitality
- $300,000
- Educational
- $395,000
- Residential Income
- $395,000
- Energy
- $395,000
- Income-Based Land
- $345,000
- Food Service
- $345,000
Location Insight
- Map
- Local Demand
- City
- Sterling
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.7479
- Latitude
- 42.4752
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA