388 Newburyport Tpke Rowley, MA 01969-1755
Property profile & analytics
388 Newburyport Tpke Rowley, MA 01969-1755
- Industrial properties
- 78,740 SF
- 14.54 lot acres
Property ID
US38-1579542
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.
Location Intelligence
Current Use by Public Records
- Erlab USA / Production Facility
- FedEx Drop Box / Postal Service / Courier Service
- ChargePoint Charging Station / Electric Vehicle Charging Station
Property Details for 388 Newburyport Tpke
- Year built
- 2000
- Construction
- STEEL FRAME
- Lot size
- 14.54 lot acres
- Property size
- 78,740 SF
- Property type
- Industrial properties
- APN
- ROWL M:0018 B:0002 L:0000
- APU
- ROWLM0018B0002L0000
Description
This exceptional 79,398-square-foot single-tenant warehouse, constructed in 2000, presents a significant opportunity in Essex County. The property boasts 65,000 square feet of readily available space, perfect for immediate occupancy. The building features a single story with impressive 25-foot ceiling heights, providing ample vertical storage capacity. Logistics are streamlined with four loading docks and one drive-in door, ensuring efficient goods movement. On-site parking is abundant, with 60 spaces available for employees and visitors. The warehouse space comprises 60,000 square feet, complemented by a 5,000-square-foot office area, suitable for administrative functions or management. The property benefits from a robust high-speed telecommunications and cable infrastructure throughout, supporting modern business operations. This well-maintained warehouse is ready for immediate use and offers a strategic location in Essex County, providing easy access to major transportation routes. The property's size, features, and location make it an attractive option for businesses seeking a functional and efficient warehouse space.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $13,960,000
- 6.5%
- $12,885,000
- 7%
- $11,965,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $9,795,000
- AI Estimate
- $5,742,000
Market price range: $7.91M - $20.0MMarket price range: $2.46M - $13.1M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $12,895,000 Current use
- COMMERCIAL (GENERAL)
- $15,695,000 Change: +22% Conversion: Difficult
- WAREHOUSE, STORAGE
- $11,070,000 Change: -14% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Rowley
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.907
- Latitude
- 42.7179
- 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
$74,733
$2,028,800
$4,147,500
$6,176,300
-
$0.00
$0.00
$0.00
