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Financial
Distress signals
Property profile

500 Chestnut St OPEN-LOT Abington, MA 02351

FOR SALE
Industrial properties
Property ID
US38-1121422
10,800 SF 26.03 ac lot Built 2020
Last sale Nov 2018 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
500 Chestnut St,Unit OPEN-LOT, Abington, MA 02351 For Sale
$1,280,000 10,800 SF
500 Chestnut St,Unit OPEN-LOT, Abington, MA 02351
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Property summary

AI-generated overview

This exceptional 1.8-acre pad site, located within the burgeoning Abington Industrial Park at 500 Chestnut Street, Pad 5, Abington, MA, presents a unique opportunity for developers and businesses seeking a prime location to construct a new facility. The site is approved for the construction of a 200 x 80 foot warehouse building, offering significant potential for a variety of industrial uses. This is a pad-ready site, meaning it's prepared for immediate development, saving valuable time and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$27k
Tax billed · 2024
Assessed value$2.00M
Assessed land$929k
Assessed improvement$1.07M
Effective rate1.34%

Value estimate

· Oct 2026
$1.28M
$1.15M – $1.41M
CAP approach$1.77M
Submarket $/SF estimate$1.65M
NOI build-up
Gross scheduled income$354k
Vacancy & credit loss−$19k
Operating expenses−$100k
NOI · 7,800.40% cap applied$234k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$227/SF
County average, outlier-cleaned · 106 recorded sales of this use type
Observed band · Q1–Q3$91 – $428
Qualifying comparables12

Cap rate analysis

How does the asset earn?
7,800.40%
$234k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionABINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.4
Restaurant14.5
Dental Office13.8

Location

500 Chestnut St, Unit OPEN-LOT Abington, MA 02351
County assessor Recorded deeds · 1 transfer 12 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 8 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1555 Bedford, Abington, MA 02351-1063 $5,322,246 Jan 2021 29,540 SF
164 Nn, Abington, MA 02351-1702 $1,725,000 Nov 2020 2,296 SF
200 Wales, Abington, MA 02351-5804 $2,350,000 Sep 2019 61,991 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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