Property profile

325 Ayer Rd Harvard, MA 01451

FOR LEASE
Office buildings
Property ID
US38-0348026
80,652 SF 4.74 ac lot Built 1954
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 85,762-square-foot flex/distribution building in Harvard, Massachusetts, presents a unique opportunity for businesses seeking versatile industrial space. Situated on a generous 4.74-acre lot in Worcester County, this multi-tenant property offers immediate occupancy with 9,910 square feet currently vacant. The building is divisible, with spaces ranging from a minimum of 1,508 square feet to a maximum contiguous space of 3,362 square feet, providing flexibility for various business needs. The property's classification as both flex and distribution space caters to a wide range of operations, from light manufacturing and warehousing to office and showroom uses. Its location in Harvard, MA, offers convenient access to major transportation routes, enhancing logistical efficiency. The available space is ideal for businesses seeking expansion or relocation, providing a blend of functionality and strategic location within a thriving industrial market. The property's size and layout offer significant potential for customization and adaptation to specific operational requirements. With its ample acreage and versatile design, this property represents a compelling investment opportunity in a desirable location. The address is 325 Ayer Road, Harvard, MA 01451.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1954
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 80,652 SF
Lot 4.74 ac (206,474 SF)
APN HARV M:1 B:4
UPID US38-0348026

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
  • Big Box & Wholesale Store Agricultural Supply
  • Physician
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Physician
  • Physician

Location

325 Ayer Rd Harvard, MA 01451
Harvard metro Census 761402 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.21M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.97M
Blend (final) Blend
$4.93M

Owner & transaction history

since 2021
Last sale
$5.0M
7 recorded transactions
2021
$5.0M
2018
Price N/A
2013
Price N/A
2007
Price N/A
2005
Price N/A
2002
Price N/A
1999
$553,500

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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