Property profile

184 Ayer Rd Harvard, MA 01451

OFF-MARKET
Investment properties
Property ID
US38-0259574
3,458 SF 2.27 ac lot Built 1890
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This Harvard, MA property offers a rare opportunity to lease a combined contractor's yard and office space. The total building area encompasses 3,458 square feet, with flexible office space ranging from a minimum of 524 square feet to a maximum contiguous space of 1,736 square feet. Currently, 1,736 square feet of office space is vacant and immediately available. The property also includes a substantial 2.27 acres of land, totaling 98,881 square feet, ideal for equipment storage and outdoor operations. This versatile property is perfect for contractors needing both office and yard space in one convenient location. The multiple tenancy structure allows for flexibility in lease terms and space requirements. The property is situated at 184 Ayer Rd, Harvard, MA 01451, offering easy access to major transportation routes. This is an exceptional opportunity for businesses seeking a well-located and functional space to support their operations. The combination of office and yard space provides a unique and efficient solution for contractors and related businesses. Don't miss this chance to secure a prime location in a thriving area. Contact us today to schedule a viewing and discuss your specific needs.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1890
Construction FRAME
Total area 3,458 SF
Lot 2.27 ac (98,881 SF)
APN HARV M:8 B:41
UPID US38-0259574

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
  • Hardware & Home Improvement

Location

184 Ayer Rd Harvard, MA 01451-1186
Harvard metro Census 761402 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$785k
CAP Approach CAP
$480k
Comparable Approach Comparable
$580k
Blend (final) Blend
$785k

Owner & transaction history

since 2024
Last sale
$785,000
7 recorded transactions
2024
$785,000
2024
Price N/A
2021
$650,000
2013
$510,000
2013
Price N/A
2010
$390,000
2005
$1

Zoning & alternative use

Top alternative use upside
Retail stores $545,000 +42.6%
Auto repair, garage $530,000 +39.4%

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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