Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    14 Kendrick Rd, Unit 6 Wareham, MA 02571-5020

    • Industrial properties
    • 4,948 SF
    OFF-MARKET
    Value Estimations
    $615,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-1591710
    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

    • SBG East Coast / Training Center / Sports School
    • Greenwood CD-Recordable / Electronics & Wireless Store
    • Tak Systems / Medical Supply Store

    Property Details for 14 Kendrick Rd

    Year built
    1997
    Property size
    4,948 SF
    Property type
    Industrial properties
    APN
    WARE M:00108 B:000 L:1006M1-6
    APU
    WAREM00108B000L1006M16

    Description

    This exceptional 5,000-square-foot industrial space at 14 Kendrick Road in Wareham, Massachusetts, presents a unique leasing opportunity. Located in Plymouth County, this versatile property offers a blend of distribution, flex, and manufacturing capabilities, making it ideal for a variety of businesses. The unit features a flexible layout, previously utilized as a retail parts showroom and warehouse, offering ample space for storage and operations. The high ceilings, ranging from 14 to 17 feet, provide excellent vertical clearance for storage and equipment. Loading and unloading are facilitated by two loading docks equipped with two dock-high doors, complemented by a single drive-in door for added convenience. The property is available as a single unit, with a minimum leasable space of 5,000 square feet, and a maximum contiguous space of 5,000 square feet. Currently, 5,000 square feet is vacant and ready for immediate occupancy. Its strategic location in Wareham, MA, zip code 02571, offers easy access to major transportation routes, enhancing logistical efficiency. This property is perfect for businesses seeking a functional and well-equipped space to support their operations. Contact us today to schedule a viewing and explore the possibilities this exceptional industrial space offers.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $875,000
      6.5%
      $810,000
      7%
      $750,000

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,025,000
      OFFICE BUILDING
      $1,000,000
      COMMERCIAL (GENERAL)
      $900,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Wareham
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.7401
    Latitude
    41.7819
    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
    $3,455
    $0.00
    $307,700
    $307,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      28.58 Acres

      99 Charge Pond Rd, Unit B

      INDUSTRIAL (GENERAL) • 28.58 Acres
      99 Charge Pond Rd, Wareham, MA 02571-1113
      View Details
    • Value Estimation by Request
      2,400 SF

      14 Kendrick Rd Ste, Unit 4

      CONDOMINIUMS (INDUSTRIAL) • 2,400 SF
      14 Kendrick Rd Ste, Wareham, MA 02571-5020
      View Details
    • Value Estimation by Request
      2,400 SF

      16 Kendrick Rd Ste, Unit 7

      CONDOMINIUMS (INDUSTRIAL) • 2,400 SF
      16 Kendrick Rd Ste, Wareham, MA 02571-1067
      View Details
    • Value Estimation
      $1,695,000
      13,920 SF

      7 Tow Rd

      CONDOMINIUMS (INDUSTRIAL) • 13,920 SF
      7 Tow Rd, Wareham, MA 02571
      View Details
    • Value Estimation by Request
      2,000 SF

      7 Kendrick Rd Ste, Unit 5

      CONDOMINIUMS (INDUSTRIAL) • 2,000 SF
      7 Kendrick Rd Ste, Wareham, MA 02571-1066
      View Details
    • Value Estimation by Request
      2,520 SF

      14 Kendrick Rd Ste, Unit 5

      CONDOMINIUMS (INDUSTRIAL) • 2,520 SF
      14 Kendrick Rd Ste, Wareham, MA 02571-5020
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,379 SF

      Commercial Property on Route 6

      Well-maintained commercial property with high visibility and traffic count.
      58 Sandwich Rd, Wareham, MA 02571
      View Details
    • Contact for pricing

      9.29 Acres Commercial Land

      Commercially zoned land available on Route-6 in Wareham, MA.
      372 Marion Rd, Wareham, MA 02571
      View Details
    • Contact for pricing
      7,448 SF

      Wareham Retail Opportunity For Sale

      2.38 acres with 7,884 SF building on Marion Road.
      161-167 Marion Rd, Wareham, MA 02571
      View Details
    • $288,900
      3.70 Acres

      Wareham Land Ready For Building

      3.7 acres of cleared land ready for new home.
      17 Station St, Wareham, MA 02571
      View Details
    • $1,400,000

      Wareham Office Buildings For Sale

      Two office buildings totaling 28,818 SF in Wareham, MA.
      2527 Cranberry Hwy, Wareham, MA 02571
      View Details
    • $175,000
      3.88 Acres

      Wareham Land Parcels Available

      Three parcels of land totaling 3.88 acres in Wareham.
      11 22 St, Wareham, MA 02571
      View Details

    Similar Nearby for Lease

    • $4,000 /Mo
      2,500 SF

      Renovated Commercial Space in Wareham

      Tastefully renovated commercial space suitable for various business uses.
      379 Main St, Wareham, MA 02571
      View Details
    • Contact for pricing

      Wareham Commercial Space For Rent

      Commercial space with updated amenities in a prime Wareham location.
      2747 Cranberry Hwy, Wareham, MA 02571
      View Details
    • Contact for pricing
      7,100 SF

      West Wareham Warehouse For Rent

      7,100 SF warehouse space with office and loading dock.
      6 Little Brook Rd, West Wareham, MA 02571
      View Details
    • $900 /Mo
      1,000 SF

      Street Level Corner Office Space

      Bright 1000 SF office with conference room in Wareham.
      191 Main St, Wareham, MA 02571
      View Details
    • Contact for pricing

      Refurbished Retail or Office Space

      High-visibility commercial space with flexible zoning and recent upgrades.
      2870 Cranberry Hwy, Wareham, MA 02571
      View Details
    • $695 /Mo

      Street-Level Office Space Available

      Bright, corner office space in Wareham business district.
      191 Main St, Wareham, MA 02571
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14 Kendrick Rd, Unit 6
    Wareham, MA 02571-5020
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!