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    Property profile & analytics

    55 Industrial Park Rd Hingham, MA 02043-4306

    • Industrial properties
    • 3.33 lot acres
    OFF-MARKET
    Value Estimation
    $2,385,000
    Last Sale
    Jun 03, 2024
    $2,350,000
    Location Intelligence
    Property ID
    US38-1617999
    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

    • Heat Exchanger Products / Manufacturer
    • Hennigan Engineering a division of Hennigan Energy Services Group LLC / Power Plant Consultant
    • Blue Wolf Performance Solutions / Industrial Engineer

    Property Details for 55 Industrial Park Rd

    Lot size
    3.33 lot acres
    Property type
    Industrial properties
    APN
    HING M:201 B:0 L:7
    APU
    HINGM201B0L7

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,350,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,135,000
      6.5%
      $2,305,000
      7%
      $2,330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,405,000
      Geo Method
      $2,390,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,660,000
      Retail
      $2,395,000
      Mixed-Use
      $2,625,000
      Hospitality
      $2,545,000
      Educational
      $2,165,000
      Residential Income
      $2,725,000
      Energy
      $2,410,000
      Income-Based Land
      $2,755,000
      Food Service
      $2,745,000

    Location Insight

    • Map
    • Local Demand
    City
    Hingham
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.9168
    Latitude
    42.1753
    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
    $12,579
    $458,200
    $701,200
    $1,159,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      10.00 Acres

      410 Whiting St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 10.00 Acres
      410 Whiting St, Hingham, MA 02043-3716
      View Details
    • Value Estimation by Request
      26,370 SF

      35 Pond Park Rd Ste, Unit 3

      CONDOMINIUMS (INDUSTRIAL) • 26,370 SF
      35 Pond Park Rd Ste, Hingham, MA 02043-4352
      View Details
    • Value Estimation
      $290,000
      2,400 SF

      4 Keith Way Ste, Unit 2

      CONDOMINIUMS (INDUSTRIAL) • 2,400 SF
      4 Keith Way Ste, Hingham, MA 02043-4258
      View Details
    • Value Estimation
      $1,320,000
      8,245 SF

      72 Sharp St, Unit 13

      CONDOMINIUMS (INDUSTRIAL) • 8,245 SF
      72 Sharp St, Hingham, MA 02043-4351
      View Details
    • Value Estimation
      $605,000
      3,717 SF

      72 Sharp St, Unit 9

      CONDOMINIUMS (INDUSTRIAL) • 3,717 SF
      72 Sharp St, Hingham, MA 02043-4351
      View Details
    • Value Estimation
      $195,000
      1,625 SF

      72 Sharp St, Unit 15

      CONDOMINIUMS (INDUSTRIAL) • 1,625 SF
      72 Sharp St, Hingham, MA 02043-4351
      View Details

    Similar Nearby for Sale

    • $1,450,000

      Downtown Hingham Commercial Space

      Bright commercial space in downtown Hingham, ideal for various businesses.
      57 Water St, Hingham, MA 02043
      View Details
    • Contact for pricing
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      Modern Office Suite, Prime Location
      185 Lincoln St, Hingham, MA 02043
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    • $125,000
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      Hingham Land Parcel with Constraints

      Hingham land parcel ideal for visionary developer or minimalist builder.
      82 East St, Hingham, MA 02043
      View Details
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      Secluded Estate on 13 Acres

      Private 4-bed estate with expansion and conservation potential.
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    • $225,000
      1,625 SF

      Hingham Office Condo: Prime Location

      1,625 SF Office Condo, Hingham, MA
      72 Sharp St, Hingham, MA 02043
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    • $325,000

      Professional Office Condo For Sale

      Professional office condo in Hingham, near Derby Street Shops.
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      View Details

    Similar Nearby for Lease

    • Contact for pricing
      28,463 SF

      Hingham Warehouse with Mezzanine

      28,463 SF warehouse with office and loading docks.
      65 Industrial Park Rd, Hingham, MA 02043
      View Details
    • Contact for pricing
      3,014 SF

      Renovated Flex Space Warehouse

      9,540 SF flex space with loading docks.
      1 Pond Park Rd, Hingham, MA 02043
      View Details
    • $17 SF/Yr
      6,575 SF

      Hingham Flex/Office Space Available

      6,575 SF flex/office space in South Hingham.
      55-65 Sharp St, Hingham, MA 02043
      View Details
    • Contact for pricing
      3,000 SF

      Hingham Warehouse Near Derby Street

      3,000 SF warehouse with highway access near Derby Street.
      2-10 Keith Way, Hingham, MA 02043
      View Details
    • Contact for pricing
      12,675 SF

      65 Sharp St: Hingham Flex Space

      Versatile Hingham Flex/Warehouse Space Available
      55 Sharp St, Hingham, MA 02043
      View Details
    • Contact for pricing
      145,395 SF

      Industrial Building for Sublease

      145,395 SF industrial building available for sublease.
      100 Industrial Park Rd, Hingham, MA 02043
      View Details
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    Hingham, MA 02043-4306
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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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