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    Property profile & analytics

    31 Independence Dr Devens, MA 01434

    • Industrial land
    • 5.60 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US38-2211749
    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 land

    Property Details for 31 Independence Dr

    Lot size
    5.60 lot acres
    Zone code
    I
    Property type
    Industrial land
    APN
    DEVE M:026.0 B:0013 L:1800.0
    APU
    DEVEM0260B0013L18000

    Description

    This exceptional Class A industrial property, located at 31 Independence Drive in Devens, Massachusetts, offers 577,616 square feet of total building space, with 95,000 square feet currently available for lease. The property boasts a desirable multi-tenant configuration, ideal for a variety of manufacturing, distribution, or research and development operations. Situated on a generous 5.6-acre lot, the building features a substantial 36-foot ceiling height, providing ample vertical space for efficient operations and storage. The zoning designation is Industrial/Trade (Manufacturing, Distribution, Light Assembly and R&D), ensuring flexibility and suitability for a wide range of industrial uses. This new construction building is designed to meet the highest standards, reflecting its Class A designation. The available 95,000 square feet presents a unique opportunity for businesses seeking modern, efficient, and strategically located industrial space in the thriving Devens, MA market. The property's ample land area and strategic location offer significant potential for expansion and future development. This is a prime opportunity to secure a high-quality industrial space in a dynamic and growing area. The zip code is 01434.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Devens
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.5989
    Latitude
    42.5467
    CBSA code
    49340
    CBSA name
    WORCESTER, MA-CT 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
    $9,585
    $549,600
    $0.00
    $549,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      151 Barnum Rd

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      75 Jackson Rd

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      9.10 Acres

      35 Saratoga Blvd

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      View Details
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    31 Independence Dr
    Devens, MA 01434
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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