1 Emerson St Mendon, MA 01756-1273
Property Lookup
Property profile & analytics
1 Emerson St Mendon, MA 01756-1273
- Office buildings
- 9,000 SF
- 1.38 lot acres
Property ID
US38-1015418
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Visual Magnetics / Marketing & Advertising / Advertising Agency
Property Details for 1 Emerson St
- Year built
- 1970
- Construction
- STEEL FRAME
- Lot size
- 1.38 lot acres
- Property size
- 9,000 SF
- Zone code
- RES
- Property type
- Office buildings
- APN
- MEND M:11 B:126 P:001
- APU
- MENDM11B126P001
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $857,000
- AI Estimate
- $722,000
Market price range: $667k - $1.90MMarket price range: $422k - $1.59M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $990,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mendon
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.5574
- Latitude
- 42.1041
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$10,038
$230,100
$503,100
$733,200
-
$0.00
$0.00
$0.00
