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Property profile & analytics

3 Graf Rd Newburyport, MA 01950-4604

  • Industrial properties
  • 2,000 SF
OFF-MARKET
Last Sale
Sep 09, 2021
$350,000
Value Estimations
$440,000
Show details
Cap Rate Potential
4.8%
Industrial properties
Location Intelligence
Property ID
US38-0859697
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Industrial properties

Property Details for 3 Graf Rd

Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Property size
2,000 SF
Property type
Industrial properties
APN
NEWP M:0081 B:0006C L:0000
APU
NEWPM0081B0006CL0000

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $445,000
    ML approach
    $460,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $355,000
    6.5%
    $325,000
    7%
    $305,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $547,000
    Market price range: $382k - $621k
    AI Estimate
    $328,000
    Market price range: $107k - $408k
  • Alternative Use

    Use
    Estimation
    INDUSTRIAL (GENERAL)
    $460,000
    Current use
    AUTO REPAIR, GARAGE
    $480,000
    Change: +4% Conversion: Easy
    RETAIL STORES
    $445,000
    Change: -3% Conversion: Moderate

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Newburyport
County
Essex
State
Massachusetts
Longitude
-70.8819
Latitude
42.8064
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,144
$0.00
$315,300
$315,300
-
$0.00
$0.00
$0.00
More about this property
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