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Property profile & analytics

1 Pequot Way Canton, MA 02021

  • Warehouses
  • 36,032 SF
  • 2.46 lot acres
For Lease
Last Sale
Sep 27, 2023
$5,633,000
Value Estimations
$6,095,000
Cap Rate Potential
7.8%
Warehouses
Location Intelligence
Property ID
US38-0210518
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.

Current Use by Public Records

  • Rise Projects / Fabrication Engineer / Millwork Shop

Property Details for 1 Pequot Way

Year built
1978
Construction
STEEL FRAME
Lot size
2.46 lot acres
Property size
36,032 SF
Zone code
LI
Property type
Warehouses
APN
CANT M:79 P:140
APU
CANTM79P140

Description

This exceptional industrial property offers 36,032 square feet of versatile space ideal for manufacturing, warehousing, or distribution. The single-tenant building sits on a 2.5-acre lot and features a high-bay design with ceiling heights ranging from 20 to 26 feet, providing ample vertical storage capacity. Three loading docks, equipped with three dock-high doors, and one drive-in door ensure efficient loading and unloading operations. The property boasts 480/277V power, accommodating a wide range of industrial equipment. A fenced yard provides added security and storage space. The property is conveniently located within two miles of Route 93/95, offering excellent access to major transportation arteries. Zoned LI B, this property is suitable for a variety of industrial uses. The building is also subdividable, with the potential to create a 15,000 square foot space, offering flexibility for tenants with varying needs. This is a rare opportunity to acquire a well-maintained, strategically located industrial facility with significant operational advantages. The combination of size, location, and features makes this property an attractive investment for businesses seeking efficient and functional space.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $5,995,000
    ML approach
    $5,890,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $7,755,000
    6.5%
    $7,160,000
    7%
    $6,650,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $5,631,000
    Market price range: $4.72M - $8.30M
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $6,215,000
    Current use
    COMMERCIAL (GENERAL)
    $9,220,000
    Change: +48% Conversion: Difficult
    INDUSTRIAL (GENERAL)
    $5,905,000
    Change: -5% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Canton
County
Norfolk
State
Massachusetts
Longitude
-71.1115
Latitude
42.1756
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH 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
$93,313
$900,200
$3,586,000
$4,486,200
-
$0.00
$0.00
$0.00
More about this property
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