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    Property profile & analytics

    577 Main St Hudson, MA 01749

    • Life science properties
    • 159,720 SF
    • 16.05 lot acres
    For Lease
    View listing
    Last Sale
    Oct 07, 2021
    $11,000,000
    Value Estimations
    $10,705,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-0740590
    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

    • R & Y Handyman Hudson / Handyman/Handywoman/Handyperson
    • Christopher Howard Massage Therapy / Sports Massage Therapist
    • Champion Athletix Tumble and Cheer / Gymnastics Center
    • Adaptive Instruments Corporation / Manufacturer
    • Radius Medical Tech Inc / Medical Equipment Manufacturer

    Property Details for 577 Main St

    Year built
    1965
    Construction
    STEEL FRAME
    Lot size
    16.05 lot acres
    Property size
    159,720 SF
    Zone code
    M6
    Property type
    Life science properties
    APN
    HUDS M:0035 B:0000 L:0076
    APU
    HUDSM0035B0000L0076

    Description

    This single-story, 167,846-square-foot industrial building in Hudson, Massachusetts offers multiple tenancy options. Located on Main Street, adjacent to Kane and Brent Drive Industrial Parks, the property boasts 5,150 square feet of immediately available space, divisible into units ranging from 2,150 to 3,000 contiguous square feet. The building features ceiling heights ranging from 16 to 20 feet, providing ample vertical space. Its diverse tenant mix includes warehouse users, R&D, light manufacturing, and distribution companies. The property includes 300 parking spaces and substantial power: 3,200 amps of 3-phase power at 480v. This prime location in Middlesex County offers easy access to major transportation routes, making it an ideal location for a variety of businesses. The flexible floor plates and loading capabilities cater to a wide range of industrial and flex space needs. This is a rare opportunity to secure space in a well-established, multi-tenant industrial building with excellent amenities and a strategic location. The property is situated in Middlesex County, MA, zip code 01749.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $10,405,000
      ML approach
      $9,045,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $14,933,000
      Market price range: $13.4M - $43.0M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hudson
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.5004
    Latitude
    42.3901
    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
    $298,579
    $2,861,200
    $7,996,200
    $10,857,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $680,000
      43,414 SF

      455 Riv Rd

      R&D FACILITY, LABS, PHARMA • 43,414 SF
      455 Riv Rd, Hudson, MA 01749-2626
      View Details
    • Value Estimation
      $755,000
      80,494 SF

      428 Main St

      R&D FACILITY, LABS, PHARMA • 80,494 SF
      428 Main St, Hudson, MA 01749-1851
      View Details
    • Value Estimation
      $685,000
      36,480 SF

      16 Brent Dr

      R&D FACILITY, LABS, PHARMA • 36,480 SF
      16 Brent Dr, Hudson, MA 01749-2904
      View Details
    • Value Estimation
      $540,000
      26,520 SF

      14 Brent Dr

      R&D FACILITY, LABS, PHARMA • 26,520 SF
      14 Brent Dr, Hudson, MA 01749-2904
      View Details
    • Value Estimation
      $650,000
      147,904 SF

      2 Cabot Rd

      R&D FACILITY, LABS, PHARMA • 147,904 SF
      2 Cabot Rd, Hudson, MA 01749-2941
      View Details
    • Value Estimation
      $465,000
      15,019 SF

      2 Fox Rd

      R&D FACILITY, LABS, PHARMA • 15,019 SF
      2 Fox Rd, Hudson, MA 01749-2618
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      106,778 SF

      Industrial Property Near Interstate 495

      105,000 SF industrial/warehouse space near major transportation routes.
      555 Main St, Hudson, MA 01749
      View Details
    • $6,250,000

      Self-Storage Facility with Expansion Potential

      470-unit self-storage facility with redevelopment possibilities.
      49 Houghton St, Hudson, MA 01749
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    • $850,000
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      Hudson Mill Property: Two Buildings

      Historic Hudson industrial buildings, 10,784 SF total.
      4 Loring St, Hudson, MA 01749
      View Details
    • Contact for pricing
      81,268 SF

      Hudson Warehouse For Sale

      81,268 SF warehouse in Hudson, Massachusetts, for sale.
      428 Main St, Hudson, MA 01749
      View Details
    • $1,650,000

      Commercial Industrial Property For Sale

      Commercial industrial property suitable for trucking, landscaping, or development.
      304 Cox St, Hudson, MA 01749
      View Details
    • $5,000,000

      Climate Controlled Manufacturing/Warehouse Building

      33,250 SF building with tenant and owner occupant potential.
      11 Brent Dr, Hudson, MA 01749
      View Details

    Similar Nearby for Lease

    • $11 SF/Yr
      24,480 SF

      Hudson, MA Industrial Manufacturing Facility

      24,480 SF Manufacturing Space - 1.96 Acres
      567 Main St, Hudson, MA 01749
      View Details
    • Contact for pricing
      4,800 SF

      Hudson Office and Storage Space

      Office and storage space available for lease in Hudson, MA.
      83 Central St, Hudson, MA 01749
      View Details
    • Contact for pricing
      59,111 SF

      Hudson Industrial Space Available

      13,200 SF industrial space for lease in Hudson, MA.
      399 River Rd, Hudson, MA 01749
      View Details
    • Contact for pricing
      167,846 SF

      Hudson Flex Space Available

      Office and industrial spaces for lease in multi-tenant building.
      577 Main St, Hudson, MA 01749
      View Details
    • $12 SF/Yr
      147,037 SF

      Cabot Woods Park Office Space

      Hudson, MA Creative Office Campus
      2 Cabot Rd, Hudson, MA 01749
      View Details
    • $10 SF/Yr
      25,000 SF

      Former Roller Skating Rink Available

      Former roller skating rink located near Interstate 495.
      5 Highland Park Ave, Hudson, MA 01749
      View Details
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    577 Main St
    Hudson, MA 01749
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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