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    5 Perkins Way Newburyport, MA 01950
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    Property profile & analytics

    5 Perkins Way, Newburyport, MA 01950

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    • Warehouses
    • 54,900 SF
    • 2.46 lot acres
    Warehouse/Flex Space in Newburyport For Lease
    $6,575,000
    6,796 SF

    Warehouse/Flex Space in Newburyport

    6,796± SF warehouse/flex space ideal for manufacturing, distribution, or service.

    5 Perkins Way, Newburyport, MA 1950
    View Listing
    Property ID
    US38-1133913
    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
    $6,575,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 5 Perkins Way

    Year built
    1973
    Construction
    STEEL FRAME
    Lot size
    2.46 lot acres
    Property type
    Warehouses
    APN
    NEWP M:0078 B:0009 L:0000
    APU
    NEWPM0078B0009L0000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 17, 2023 — 5 Perkins Way LLC — Deed · related $1M · Eastern Bank
    Mar 17, 2022 $6,180,000 5 Perkins Way LLC 5 Perkins Way RT Quit Claim Arm's Length For Ne States $4.6M · Eastern Bank
    Nov 13, 2003 $1,430,000 Perkins Way RT 5 Novick Rlty Corp Grant Deed —
    Nov 13, 2003 — Perkins Way RT 5 — Deed Of Trust · related $800k · Lawrence Savings Bank

    Description

    This exceptional industrial property at 5 Perkins Way, Newburyport, MA 01950, offers a unique opportunity for businesses seeking flexible and versatile warehouse space. The property boasts a total of 54,900 square feet, with 6,796 square feet currently available for lease. The building is situated on a generous 2.46-acre lot within the Newburyport Industrial Park, providing ample space for loading and maneuvering. The available space is ideal for a variety of uses, thanks to its flex/warehouse configuration. The property features one loading dock for convenient access and boasts 200 AMP, three-phase power, ensuring sufficient energy for most industrial operations. The zoning designation is Newburyport Industrial Park, allowing for a range of permitted uses. Multiple tenancy is available, with units 1, 4, and 9 currently available, ranging in size from approximately 1,000 to 1,300 square feet. This location provides easy access to major transportation routes, making it an attractive option for businesses needing efficient logistics. Don't miss this chance to secure your ideal space in this thriving industrial park. Contact us today to schedule a viewing and explore the possibilities.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $6,915,000
      ML approach
      $7,020,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,983,000
      Market price range: $3.44M - $11.8M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $7,720,000
      Current use

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


    Location Insight

    • Map
    • Local Demand
    City
    Newburyport
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.884
    Latitude
    42.7962
    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
    $26,886
    $491,400
    $2,205,300
    $2,696,700
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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