100 Bearfoot Rd Northborough, MA 01532
- Manufacturing properties
- 24,600 SF
- 4.37 lot acres
Current Use by Public Records
- Maerkisches Werk of North America, Inc. / Big Box & Wholesale Store
Property Details for 100 Bearfoot Rd
- Year built
- 1982
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 4.37 lot acres
- Property size
- 24,600 SF
- Zone code
- I
- Property type
- Manufacturing properties
- APN
- NBOR M:0280 L:0043
- APU
- NBORM0280L0043
Description
This exceptional industrial flex space, located at 100 Bearfoot Rd in Northborough, Massachusetts, offers a total of 17,505 square feet in a single-tenant building. The property boasts 14,580 square feet of readily available vacant space, perfect for immediate occupancy. Situated on a generous five-acre lot, this warehouse features a substantial 30-foot ceiling height, providing ample vertical space for various operational needs. Two loading docks ensure efficient loading and unloading processes. The property is equipped with robust three-phase power, offering up to 800 amps at 420V, suitable for power-intensive operations. The zoning is designated as Industrial, allowing for a wide range of industrial and flex uses. Its strategic location in Worcester County provides unparalleled access to major transportation arteries. Less than a mile from Route 290, three miles from Route 495, and ten miles from the Mass Pike (I-90), this property offers seamless connectivity throughout the region. Furthermore, its proximity to the Solomon Pond Mall adds to its appeal and accessibility. This property presents a unique opportunity for businesses seeking a well-located, spacious, and functional industrial or flex space in a thriving area. The property is zoned for industrial use and is located in the 01532 zip code.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,105,000
- ML approach
- $3,205,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,745,000
- 6.5%
- $3,455,000
- 7%
- $3,210,000
-
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $1,970,000 Current use
- RESTAURANT
- $4,640,000 Change: +136% Conversion: Difficult
- RETAIL STORES
- $3,860,000 Change: +96% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $3,775,000 Change: +92% Conversion: Easy
- OFFICE BUILDING
- $3,345,000 Change: +70% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $3,105,000 Change: +58% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $2,950,000 Change: +50% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $2,705,000 Change: +38% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Northborough
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.638
- Latitude
- 42.3417
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
