1 Emerson St, Mendon, MA 01756-1273
This exceptional investment opportunity comprises a six-building industrial park totaling 78,536 square feet, strategically located in Mendon, Massachusetts. The property boasts a strong 88% occupancy rate, generating a substantial net operating income (NOI) of $545,173. The park features a diverse range of warehouse spaces, including buildings ranging from 4,971 square feet to 29,543 square feet, offering flexibility for various business needs. The buildings benefit from high ceilings, ranging from 13 feet 2 inches to 26 feet, and ample dock-high doors (26 in total), facilitating efficient loading and unloading. The property sits on two parcels totaling approximately 10.28 acres (1.38 acres at 1 Emerson St and 8.9 acres at 28 Hastings St), providing ample space for expansion or future development. Built between 1945 and 2005, the buildings are situated in a prime location, just 6.1 miles from I-495 and 13.3 miles from I-90, offering convenient access to major transportation arteries. The property is zoned GB and presents a compelling opportunity for both investors seeking strong returns and owner-users looking for a well-located, functional industrial space. The combination of high occupancy, substantial NOI, and strategic location makes this a truly remarkable offering in the competitive Massachusetts industrial market.
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Visual Magnetics Marketing & Advertising Advertising Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
RES · Mendon, MAMendon. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.