Property profile

1 New Boston Dr Canton, MA 02021

OFF-MARKET
Warehouses
Property ID
US38-2192500
44,695 SF 3.71 ac lot Built 2001
Individually Owned 15-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,250 square foot industrial bay, located within the prestigious Canton Commerce Center on Route 138 in Canton, Massachusetts, presents a unique opportunity for businesses seeking a versatile and well-appointed space. Part of a larger 42,000 square foot Class A industrial building constructed in 2010, this unit offers a single-tenant occupancy within a two-story structure. The space boasts a 24-foot ceiling height, providing ample vertical clearance for various operational needs. Loading and unloading are facilitated by eight loading docks, six dock-high doors, and one drive-in door. An elevator is also available for convenient vertical transportation between floors. The unit features a modified van height loading door, ensuring efficient handling of goods. Power is readily available with ample 480V power supplemented by a step-down transformer to 120/208 3-phase power. The space is fully air-conditioned, creating a comfortable and productive work environment. The building is equipped with a fire sprinkler system and has access to sewer lines, ensuring safety and operational efficiency. The Canton Commerce Center offers convenient access to Turnpike Street and is surrounded by numerous amenities, including daycare centers and restaurants, enhancing the convenience for employees and visitors. The property sits on three acres of land. This property is perfect for a variety of industrial, manufacturing, distribution, warehouse, or R&D uses.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2001
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 44,695 SF
Lot 3.71 ac (161,608 SF)
Zoning code LI
APN CANT M:89 P:29
UPID US38-2192500

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Construction Company
  • Material Handling Equipment Supplier
  • Laboratory
  • Accounting Firm Tax Preparation

Location

1 New Boston Dr Canton, MA 02021-2858
Canton metro Census 415202 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.85M
Blend (final) Blend
$4.54M

Owner & transaction history

since 2010
7 recorded transactions
2010
$3.4M
2003
Price N/A
2002
Price N/A
2002
Price N/A
2002
Price N/A
2001
Price N/A
2000
Price N/A

Zoning & alternative use

LI · Canton, MA
Zoning description

E. Restaurant Uses SR GR B CB LI LI (B) LI (C) I POS Restaurant or similar place for the service of food or beverages only to persons inside a completely enclosed building, with or without regular mechanical or live ente…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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