Property profile

55 Scotland Blvd Bridgewater, MA 02324

FOR LEASE
Warehouses
Property ID
US38-0741241
56,354 SF 7.26 ac lot Built 1989
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 55,000-square-foot industrial property in Bridgewater, Massachusetts, offers a versatile space ideal for various business needs. Located at 55 Scotland Blvd, this multi-tenant building boasts 26,000 square feet of immediately available space. Its prime location provides convenient access to Route 24 and Interstate 495, ensuring efficient transportation and logistics. The property is zoned for industrial use and features a range of amenities designed to support warehouse, research and development, distribution, manufacturing, and flexible office operations. The building benefits from 24-foot clear heights, providing ample vertical space for storage and operations. Extensive loading capabilities and ample parking (one space per 1000 square feet) are also key features. The entire building is climate-controlled with air conditioning throughout, ensuring a comfortable and productive work environment. Situated in Plymouth County, this property presents a compelling opportunity for businesses seeking a strategically located and well-equipped industrial space in the Route 24 submarket. The property's flexible zoning and design cater to a diverse range of users, making it an attractive option for companies seeking to expand or relocate their operations. Contact us today to learn more about this exceptional opportunity. Zip code: 02324.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1989
Construction STEEL FRAME
Total area 56,354 SF
Lot 7.26 ac (316,143 SF)
APN BRID M:059 L:010
UPID US38-0741241

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
  • Plumbing Service Building Supply
  • Industrial Manufacturer Production Facility

Location

55 Scotland Blvd Bridgewater, MA 02324
Bridgewater metro Census 525101 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.02M
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.38M
Blend (final) Blend
$6.95M

Owner & transaction history

since 2022
Last sale
$8.0M
3 recorded transactions
2022
$8.0M
2013
$2.3M
1995
$1.2M

Zoning & alternative use

Top alternative use upside
Retail stores $11.7M +77.7%
Auto repair, garage $11.7M +77.1%
Office building $11.4M +73.0%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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