Property profile

28 Appleton Rd Auburn, MA 01501

FOR SALE
Other commercial real estate
Property ID
US38-1079923
0.37 ac lot
Individually Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Commercial property in Auburn, Massachusetts, comprising a furnished office building and an attached/paired warehouse. The office building has a shingled roof and contains 2,838 square feet of space plus a full basement. The first floor includes a full kitchen, a large drafting area, one full bathroom, one entertainment room, and four separate offices. The second floor provides two private offices, dual working spaces, two drafting areas, and over 400 square feet of storage, and the office setup includes 10 workstations. The warehouse measures 45.5 by 48 feet with a clear span and includes a 45.5 by 13 foot exterior overhang, for a total of 2,775 square feet of warehouse space including a storage area. The property has three-phase electric power, one commercial automatic door, and one manual door. The site covers 0.46 acres.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.37 ac (16,014 SF)
APN AUBU M:0060 L:0072
UPID US38-1079923

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
  • Roofing Company General Contractor

Location

28 Appleton Rd Auburn, MA 01501
Auburn metro Census 736100 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2017
6 recorded transactions
2017
Price N/A
2008
$1
1995
Price N/A
1990
$220,000
1989
Price N/A
1987
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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