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    FOR SALE
    Industrial properties

    500 Chestnut St, Abington, MA 02351-2669

    10,800 SF 26.03 ac lot Built 2020
    Entity Owned 7-yr Hold Free & Clear
    Property ID
    US38-1121422
    No photos on file
    For Sale
    $1,280,000 10,800 SF
    500 Chestnut St, Abington, MA 02351-2669
    View Listing →
    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 resources. The property is part of an industrial condo-structured park, operating under a license of use agreement for the land. The sale price is $1,250,000. Prospective buyers are responsible for conducting their own due diligence to verify all information provided. Please note that certain business types are restricted from operating on this site. Specifically, the property is not suitable for automotive or truck repair businesses, gyms, dog care facilities, places of worship, or companies dealing in granite/stone or insulation materials. This prime location within the Abington Industrial Park offers excellent access to major transportation routes and a thriving business community. Don't miss this chance to secure your ideal industrial space.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 2020
    Construction STEEL FRAME
    Total area 10,800 SF
    Lot 26.03 ac (1,133,867 SF)
    APN ABIN M:49 L:7
    UPID US38-1121422
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Abington industrial park Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.77M
    Comparable Approach Comparable
    $1.65M
    Blend (final) Blend
    $1.28M
    Owner & transaction history
    Crf Land Hldgs LLC · 7 yrs held
    Crf Land Hldgs LLC
    since 2018
    1 recorded transaction
    2018
    $400,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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