Property profile

50 Resnik Rd Plymouth, MA 02360

OFF-MARKET
Office buildings
Property ID
US38-1091969
23,025 SF 2.58 ac lot Built 1999
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This impressive three-story, Class A office building, totaling 23,430 square feet, offers 6,000 square feet of immediately available space. Built in 1999 and situated on a 2.58-acre lot in Plymouth County, this property boasts a prime location with convenient access to major transportation routes. It's within walking distance of the commuter rail shuttle and easily accessible from Routes 3, 44, and 80. The building features updated common areas, including a recently renovated professional conference center and a fully equipped kitchen, perfect for tenant use. A striking 3-story atrium showcases high-end fixtures and finishes. Security features include a 24-hour secure access system, providing peace of mind. The building is zoned LI and offers multiple tenancy options. This exceptional property seamlessly blends functionality and luxury, making it an ideal location for businesses seeking a prestigious and convenient workspace. On-site amenities include a food service and shuttle bus availability. The available space is 1,830 square feet, but additional space may be available. This is a rare opportunity to secure space in a highly sought-after location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1999
Construction STEEL FRAME
Total area 23,025 SF
Lot 2.58 ac (112,254 SF)
Zoning code LI
APN PLYM M:0103 B:0000 L:014K-19
UPID US38-1091969

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
  • Electrical Service General Contractor
  • Financial Advisor
  • Loan Service Bank
  • Financial Advisor
  • Loan Service Bank

Location

50 Resnik Rd Plymouth, MA 02360-7220
Plymouth metro Census 530100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.96M
Blend (final) Blend
$2.17M

Owner & transaction history

since 2018
7 recorded transactions
2019
Price N/A
2018
Price N/A
2018
Price N/A
2017
Price N/A
2006
Price N/A
1998
Price N/A
1997
$168,000

Zoning & alternative use

LI · Plymouth, MA
Zoning description

§205-14. Light Industrial/Waterfront (LI/WF). 1. To provide for a mix of by-right waterfront-related Uses and other Uses by Special Permit. 78 §205-15. Plymouth Zoning Bylaw - Article VI 2. To allow a broad range of comp…

General category INDUSTRIAL

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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