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    Property profile & analytics
    OFF-MARKET Estimated value $1,860,000
    Showrooms

    235 Essex St, Whitman, MA 02382-1509

    10,440 SF 1.18 ac lot Built 1997
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US38-1777148
    Property summary
    AI-generated overview

    This exceptional 1.18-acre parcel of land, located at 235 Essex Street in Whitman, Massachusetts, presents a compelling investment opportunity. Priced at $2,250,000, this property is ideally suited for a variety of industrial uses, offering significant potential for development. The expansive lot provides ample space for construction, allowing for flexibility in design and functionality. Its strategic location in Whitman offers convenient access to major transportation routes, facilitating efficient logistics and distribution. The property's zoning designation specifically permits industrial development, streamlining the permitting process and minimizing potential delays. This presents a rare chance to acquire a substantial piece of land in a thriving area, ready for immediate development or future expansion. The absence of existing structures on the site allows for complete customization to meet specific business needs. Prospective buyers are encouraged to conduct their own due diligence to fully assess the property's suitability for their intended purpose. This is a unique opportunity to secure a prime piece of industrial real estate in a desirable location. The property's size and location make it an attractive prospect for businesses seeking to establish or expand their operations in the region. Serious inquiries are welcome.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1997
    Construction STEEL FRAME
    Total area 10,440 SF
    Lot 1.18 ac (51,270 SF)
    Zoning code A2
    APN WHIT M:0016 B:0057 L:25
    UPID US38-1777148
    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
    Current use
    Occupant on record · Public records
    • Currie Excavations Construction Company
    • God And Country Candles Home Decor Store
    • Homeworks Energy Warehouse & Storage
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $1.86M
    CAP Approach CAP
    $1.55M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.86M
    Owner & transaction history
    Whitman Essex Street LLC · 1 yrs held
    Whitman Essex Street LLC
    since 2024
    Last sale
    $1.9M
    2 recorded transactions
    2024
    $1.9M
    2021
    $1.1M
    Zoning & alternative use
    A2 · Whitman, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $2.8M +44.8%
    Industrial (general) $2.4M +24.7%
    Retail stores $2.2M +13.9%
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