1 Pequot Way Canton, MA 02021
- Warehouses
- 36,032 SF
- 2.46 lot acres
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
-
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
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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