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    FOR SALE
    Industrial land

    2 Condon Way, Hopedale, MA 01747

    1.62 ac lot
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US38-0889650
    Property summary
    AI-generated overview

    This exceptional 16,000-square-foot Class A flex/warehouse building in Hopedale, Massachusetts, presents a unique opportunity for businesses seeking a modern and efficient space. Located at 2 Condon Way, this single-tenant property sits on 1.62 acres and offers a versatile layout ideal for various industrial uses. Built in 2024, the building features a 16- to 17-foot ceiling height, providing ample vertical space for storage and operations. Six dock-high doors ensure efficient loading and unloading, complemented by 26 total parking spaces for employees and visitors. The property boasts a robust 400-amp electrical service (120/208v 3-Phase), supporting demanding operational needs. Its strategic location at the entrance to a light industrial park, just off Route 140, provides exceptional accessibility. Minutes from Route 495 and equidistant to Interstates 90 and 95, this property offers seamless connectivity to major transportation arteries and key markets throughout New England. The surrounding area is experiencing significant growth, with established businesses like Sodexo, Braun's Express, and Precision Stability Storage Pharma Company nearby, indicating a thriving industrial sector. This property is perfectly positioned to capitalize on the Hopedale market's untapped potential, making it an ideal location for businesses seeking to establish or expand their operations in the region. The entire 16,000 square feet is currently vacant and ready for immediate occupancy. The property is located in Worcester County, MA, zip code 01747.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Lot 1.62 ac (70,619 SF)
    Zoning code LI
    APN HOPE M:0022 B:0032 L:16
    UPID US38-0889650
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    S&c Realty LLC · 2 yrs held
    S&c Realty LLC
    since 2024
    Last sale
    $340,000
    4 recorded transactions
    2024
    $340,000
    2020
    $250,000
    2018
    $197,900
    2006
    $255,000
    Zoning & alternative use
    LI · Hopedale, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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