24 Industrial Rd Walpole, MA 02081-1305
- Warehouses
- 30,000 SF
- 4.32 lot acres
Current Use by Public Records
- GAF - Walpole, MA / Manufacturer
- Topcoat (GAF) / Waterproofing Service
Property Details for 24 Industrial Rd
- Year built
- 1985
- Construction
- STEEL FRAME
- Lot size
- 4.32 lot acres
- Property size
- 30,000 SF
- Property type
- Warehouses
- APN
- WALP M:00046 B:00041 L:00000
- APU
- WALPM00046B00041L00000
Description
This exceptional 4.32-acre parcel of land, located at 24 Industrial Road in Walpole, Massachusetts, presents a unique opportunity for industrial development. The property's expansive size offers significant potential for a variety of uses, catering to businesses seeking a substantial footprint for their operations. Its strategic location within Walpole provides convenient access to major transportation arteries, facilitating efficient logistics and distribution. The site is currently undeveloped, allowing for complete customization to meet specific project requirements. Buyers can envision a state-of-the-art facility tailored to their operational needs, maximizing efficiency and productivity. The absence of existing structures eliminates demolition costs and allows for immediate commencement of construction. This presents a significant advantage in terms of project timelines and overall cost-effectiveness. Given the scarcity of large, undeveloped industrial land parcels in this desirable location, this property represents a rare and valuable investment opportunity. The asking price of $5,500,000 reflects the significant potential and strategic value of this prime industrial land. Serious inquiries are encouraged to explore the possibilities this exceptional site offers. Detailed site surveys and environmental reports are available upon request. This is an ideal location for businesses seeking to establish a strong presence in a thriving industrial market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $985,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $990,000
- 6.5%
- $1,110,000
- 7%
- $1,095,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,050,000
- Geo Method
- $1,195,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,090,000
- Retail
- $1,085,000
- Mixed-Use
- $1,220,000
- Hospitality
- $985,000
- Educational
- $975,000
- Residential Income
- $910,000
- Energy
- $890,000
- Income-Based Land
- $1,030,000
- Food Service
- $1,200,000
Location Insight
- Map
- Local Demand
- City
- Walpole
- County
- Norfolk
- State
- Massachusetts
- Longitude
- -71.2675
- Latitude
- 42.1192
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
