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    16 Commerce Blvd Middleborough, MA 02346

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    16 Commerce Blvd Middleborough, MA 02346


    • Office buildings
    • 28,000 SF
    • 3.19 lot acres
    Middleborough Park Medical/Office Space For Lease
    $7,160,000

    Middleborough Park Medical/Office Space

    Flexible medical/office or R&D space in growing commercial area.

    16 Commerce Blvd, Middleborough, MA 2346
    View Listing
    Property ID
    US38-1000156
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 16 Commerce Blvd

    Year built
    1987
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.19 lot acres
    Property size
    28,000 SF
    Property type
    Office buildings
    APN
    MIDD M:00039 L:4381 U:0000
    APU
    MIDDM00039L4381U0000

    Description

    This exceptional office space, located at 16 Commerce Blvd in Middleborough, Massachusetts, offers a flexible layout ideal for various uses, including medical, office, or R&D. Situated within the thriving Middleborough Park @ 495, this property benefits from its strategic location in a growing commercial area of the 495 South Submarket. The building itself is a Class C, traditional office building with a total of 27,958 square feet. Currently, there is 3,500 square feet of vacant space available for lease on the first floor, divisible into units as small as 1,500 square feet and with a maximum contiguous space of 3,500 square feet. The property sits on a 3.19-acre lot, providing ample space and potential for future expansion. The building's proximity to a large, expanding Amazon Hub further enhances its appeal and accessibility. This presents a unique opportunity for businesses seeking a well-located, adaptable space in a dynamic commercial environment. The property's zip code is 02346, and it is located in Plymouth County. This space is perfect for businesses looking to establish or expand their presence in a convenient and rapidly developing area. The flexible floor plan allows for customization to meet specific business needs.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $10,410,000
      6.5%
      $9,610,000
      7%
      $8,925,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,729,000
      Market price range: $3.19M - $8.82M
      AI Estimate
      $5,139,000
      Market price range: $1.43M - $7.10M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $5,655,000
      Current use
      RESTAURANT
      $7,380,000
      Change: +31% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $6,355,000
      Change: +12% Conversion: Difficult
      RETAIL STORES
      $5,810,000
      Change: +3% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $5,790,000
      Change: +2% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Middleboro
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.9571
    Latitude
    41.9062
    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
    $61,659
    $651,700
    $3,645,100
    $4,296,800
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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