Property profile

164 Lincoln St Millville, MA 01529

OFF-MARKET
Auto shops
Property ID
US38-0709890
3,200 SF 9.94 ac lot Built 1950
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving metal recycling facility situated on a sprawling 14.304-acre lot in Millville, MA. The property, located at 164 Lincoln St, 01529, encompasses a 3,200 square foot single-story building constructed in 1950. Currently operating at 100% occupancy, this single-unit facility boasts ample parking for 1,000 vehicles. The property is zoned VCD and includes substantial existing scrap metal inventory valued at over $250,000, ready for immediate processing and sale. Included in the sale are various pieces of heavy equipment crucial for efficient metal recycling operations, such as an industrial-sized scale, a car crushing machine, roll-off dumpsters, and hook trucks. This is a unique owner-user opportunity to acquire a well-established business with significant existing assets and substantial future potential. The property's strategic location makes it the only metal recycling facility in Millville, ensuring a strong market position. This is a Class D property with no rent bumps and no ground lease. The sale includes the business, the land, and all existing equipment. This is a rare chance to own a profitable and established business in a prime location.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1950
Construction STEEL FRAME
Total area 3,200 SF
Lot 9.94 ac (432,986 SF)
Zoning code VCD
APN MILV M:0122 B:0009 L:0
UPID US38-0709890

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

164 Lincoln St Millville, MA 01529
Millville metro Census 748100 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

Zoning & alternative use

VCD · Millville, 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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