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    Property profile & analytics

    53 Airport Park Dr Rockland, MA 02370

    • Manufacturing properties
    • 36,480 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    $5,100,000
    Last Sale
    Jun 03, 2024
    $5,100,000
    Location Intelligence
    Property ID
    US38-1266031
    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.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 53 Airport Park Dr

    Year built
    1975
    Construction
    STEEL FRAME
    Lot size
    2.00 lot acres
    Property size
    36,480 SF
    Zone code
    INDUST
    Property type
    Manufacturing properties
    APN
    ROCK M:8 B:0 L:5
    APU
    ROCKM8B0L5

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,100,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,725,000
      6.5%
      $5,245,000
      7%
      $5,035,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,470,000
      Geo Method
      $4,885,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,265,000
      Retail
      $5,000,000
      Mixed-Use
      $5,620,000
      Hospitality
      $5,540,000
      Educational
      $5,200,000
      Residential Income
      $4,760,000
      Energy
      $4,265,000
      Income-Based Land
      $5,095,000
      Food Service
      $5,685,000

    Location Insight

    • Map
    • Local Demand
    City
    Rockland
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.9124
    Latitude
    42.1599
    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
    $48,247
    $343,300
    $3,088,200
    $3,431,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      18,461 SF

      199 Weymouth St

      MANUFACTURING (LIGHT) • 18,461 SF
      199 Weymouth St, Rockland, MA 02370-1142
      View Details
    • Value Estimation
      $2,190,000
      37,780 SF

      30 Air Sta Industrial Park

      MANUFACTURING (LIGHT) • 37,780 SF
      30 Air Sta Industrial Park, Rockland, MA 02370-1138
      View Details
    • Value Estimation
      $6,175,000
      56,800 SF

      403 Vfw Dr

      MANUFACTURING (LIGHT) • 56,800 SF
      403 Vfw Dr, Rockland, MA 02370-1170
      View Details
    • Value Estimation
      $370,000
      4,200 SF

      45 Un St

      MANUFACTURING (LIGHT) • 4,200 SF
      45 Un St, Rockland, MA 02370-1919
      View Details
    • Value Estimation by Request
      55,500 SF

      175th Un St

      MANUFACTURING (LIGHT) • 55,500 SF
      175th Un St, Rockland, MA 02370-1923
      View Details
    • Value Estimation
      $3,195,000
      87,863 SF

      56 Air Sta Industrial Park

      MANUFACTURING (LIGHT) • 87,863 SF
      56 Air Sta Industrial Park, Rockland, MA 02370-1138
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    • Contact for pricing
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      View Details
    • $14 SF/Yr
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      3,400 SF warehouse/showroom with updated features and easy access.
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    • $2,500 /Mo
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      Rockland Office Space For Lease

      Office space for lease with ample parking and high visibility.
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      View Details
    • Contact for pricing
      4,343 SF

      Rockland Office Space for Lease

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      View Details
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    53 Airport Park Dr
    Rockland, MA 02370
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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