119 Herbert St Framingham, MA 01702
- Life science properties
- 38,988 SF
- 2.33 lot acres
Current Use by Public Records
- Rapid Response Plumbing and HVAC / Hvac Contractor / Air Conditioning Contractor
- Woojn Lee / Medical Supply Store
- ROVE Plant Jam DBA (Cloud Creamery LLC) / Corporate Office
- Lagoinha Framingham Church / Church
- Temp Engineering Division Comfort / Air Conditioning Contractor
Property Details for 119 Herbert St
- Year built
- 1984
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.33 lot acres
- Property size
- 38,988 SF
- Property type
- Life science properties
- APN
- FRAM M:141 B:93 L:2123 U:000
- APU
- FRAMM141B93L2123U000
Description
This exceptional 3,700 square foot flex/industrial space is available for lease in a Class B building located in Middlesex County. Situated within a larger 42,416 square foot multi-tenant office and industrial complex, this unit offers a unique blend of functionality and convenience. Built in 1984, the building provides a well-established presence in the area. The space itself boasts a desirable array of features including a convenient drive-in access, enhancing ease of loading and unloading. Inside, you'll find a thoughtfully designed layout incorporating private offices, ideal for maintaining confidentiality and fostering productivity. A fully equipped kitchenette provides a comfortable space for employees, while a dedicated reception area ensures a professional first impression. Climate control is ensured with the inclusion of heating and air conditioning systems, guaranteeing a comfortable working environment year-round. This versatile space is perfect for a variety of businesses seeking a functional and well-appointed workspace in a prime Middlesex County location. The immediate availability of this 3,700 square foot unit presents a timely opportunity for businesses seeking to expand or relocate. Don't miss out on this chance to secure a highly desirable space in a well-maintained building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,980,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,300,000
- 6.5%
- $3,295,000
- 7%
- $2,980,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,860,000
- Geo Method
- $3,435,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,850,000
- Retail
- $2,920,000
- Mixed-Use
- $2,855,000
- Hospitality
- $3,220,000
- Educational
- $2,960,000
- Residential Income
- $3,305,000
- Energy
- $3,380,000
- Income-Based Land
- $3,345,000
- Food Service
- $3,120,000
Location Insight
- Map
- Local Demand
- City
- Framingham
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.4147
- Latitude
- 42.2692
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
