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    48 Leona Dr Middleboro, MA 02346-5400
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    Property profile & analytics

    48 Leona Dr Middleboro, MA 02346-5400


    • Showrooms
    • 26,964 SF
    • 3.41 lot acres
    Off-Market
    Last Sale Feb 27, 2025
    $3,500,000
    Property ID
    US38-0641972
    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.

    Value Estimations
    $3,345,000
    Show details
    Cap Rate Potential
    8.3%
    Showrooms
    Location Intelligence

    Current Use by Public Records

    • Showrooms

    Property Details for 48 Leona Dr

    Year built
    1999
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.41 lot acres
    Property size
    26,964 SF
    Property type
    Showrooms
    APN
    MIDD M:00038 L:1554 U:0000
    APU
    MIDDM00038L1554U0000

    Description

    This exceptional 8,246-square-foot industrial property presents a unique sublease opportunity. Situated on a 3.41-acre lot within an established industrial park, this single-tenant building offers a blend of warehouse and flex space, ideal for a variety of businesses. Built in 1999, the property boasts a 22-foot clear ceiling height in the warehouse area, providing ample vertical storage capacity. The office area features a 9-foot ceiling. The building includes one loading dock and one dock-high door, ensuring efficient loading and unloading operations. The property is zoned Rado (Development Opportunity District), potentially offering future expansion or redevelopment possibilities. Its convenient location provides excellent access to I-495, facilitating seamless transportation and logistics. The entire space is currently vacant and ready for immediate occupancy. This Class A flex/industrial space represents a rare opportunity to secure a well-maintained, strategically located property with significant potential. The combination of size, features, and location makes this an attractive option for businesses seeking a functional and accessible industrial space.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,150,000
      ML approach
      $3,225,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,340,000
      6.5%
      $4,005,000
      7%
      $3,720,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,388,000
      Market price range: $2.39M - $6.10M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $4,090,000
      Current use
      OFFICE BUILDING
      $5,445,000
      Change: +33% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Middleboro
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.9659
    Latitude
    41.9118
    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
    $26,559
    $387,100
    $1,463,700
    $1,850,800
    -
    $0.00
    $0.00
    $0.00
    More about this property
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