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    FOR LEASE
    Warehouses

    55 Scotland Blvd, Bridgewater, MA 02324

    56,354 SF 7.26 ac lot Built 1989
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US38-0741241
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $8.02M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $7.38M
    Blend (final) Blend
    $7.67M
    Owner & transaction history
    Npssa 55 Scotland LLC · 3 yrs held
    Npssa 55 Scotland LLC
    since 2022
    Last sale
    $8.0M
    3 recorded transactions
    2022
    $8.0M
    2013
    $2.3M
    1995
    $1.2M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $11.7M +77.7%
    Auto repair, garage $11.7M +77.1%
    Office building $11.4M +73.0%
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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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