Property profile

1256 Central St Franklin, MA 02038

OFF-MARKET
Warehouses
Property ID
US38-1059599
17,840 SF 11.01 ac lot Built 2001
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,600 square foot office space is ideally situated at 1256 West Central Street in Franklin, Massachusetts, offering unparalleled visibility and convenient highway access. The property is a Class B, single-tenant building comprising one two-story structure. The space is versatile, suitable for executive office, traditional office, or coworking arrangements. Ample parking is available, providing significant convenience for employees and clients. A prominent signage opportunity exists, enhancing the property's marketing potential. The building features a single ADA-accessible elevator, ensuring convenient access to the second-floor office space. Located in Norfolk County, with a zip code of 02038, this property presents a unique opportunity for businesses seeking a well-located, functional, and easily accessible office space in a thriving community. The property's excellent visibility on West Central Street makes it an ideal location for businesses seeking high foot traffic and brand recognition. The combination of ample parking, convenient highway access, and the ADA-compliant elevator makes this a highly desirable location for a wide range of businesses. This single-tenant building offers a unique opportunity to establish a strong presence in the Franklin, MA market.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2001
Construction STEEL FRAME
Total area 17,840 SF
Lot 11.01 ac (479,596 SF)
Zoning code CRPC
APN FRAN M:274 L:001
UPID US38-1059599

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
  • Corporate Office
  • (Bike/Boat/Book/etc) Store
  • Industrial Manufacturer Metal Fabrication Plant
  • Auto Repair Shop
  • Gym & Fitness Center

Location

1256 Central St Franklin, MA 02038-3186
Franklin metro Census 442105 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
by Request
Blend (final) Blend
$2.31M

Owner & transaction history

since 2019
5 recorded transactions
2021
Price N/A
2019
$2.0M
2011
Price N/A
2005
Price N/A
1969
Price N/A

Zoning & alternative use

CRPC · Franklin, MA

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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