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    OFF-MARKET
    Industrial properties

    3 Graf Rd, Newburyport, MA 01950-4604

    2,000 SF Built 1988
    Individually Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US38-0859697
    Property summary
    AI-generated overview

    This exceptional 3,500-square-foot commercial property, located at 3 Graf Road, Unit 7, Newburyport, MA 01950, offers a unique blend of office and warehouse space ideal for a variety of businesses. Situated in the desirable Commerce Park, this single-tenant space boasts excellent street exposure and signage, ensuring high visibility. The property features a 2,000-square-foot main floor encompassing a reception area, multiple private offices, ample storage, a bathroom, and a kitchenette. A 500-square-foot warehouse area with an overhead door provides additional functionality. A 1,500-square-foot mezzanine level offers versatile flex space, adaptable for storage, additional offices, or other business needs. The property benefits from a recently installed brand-new furnace. Its current use is as an IT/copier service business, demonstrating its suitability for a range of operations. The location offers convenient access to major roadways, including I-95 via Scotland Road or Storey Avenue exits, making commuting and logistics seamless. This property is situated on Henry Graf Jr. Road, a main thoroughfare to the Newburyport Business Park, providing excellent connectivity and visibility within the business community. This is a prime opportunity for a business seeking a well-appointed space combining office and warehouse functionality in a highly accessible and visible location.

    Property profile
    Verified
    Property type Industrial properties
    Use group CONDOMINIUMS (INDUSTRIAL)
    Year built 1988
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 2,000 SF
    APN NEWP M:0081 B:0006C L:0000
    UPID US38-0859697
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Matthew Langley · 4 yrs held
    Matthew Langley
    since 2021
    Last sale
    $350,000
    7 recorded transactions
    2021
    $350,000
    2020
    $330,000
    2019
    $360,000
    2018
    $327,100
    2017
    $300,000
    2002
    1997
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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