60 Codman Hl Rd Boxboro, MA 01719-1737
- Life science properties
- 75,163 SF
- 9.09 lot acres
Current Use by Public Records
- Life science properties
Property Details for 60 Codman Hl Rd
- Year built
- 1986
- Construction
- STEEL FRAME
- Lot size
- 9.09 lot acres
- Property size
- 75,163 SF
- Zone code
- C
- Property type
- Life science properties
- APN
- BOXB M:12 B:004 L:000
- APU
- BOXBM12B004L000
Description
This exceptional 72,500-square-foot flex space property presents a unique investment opportunity in Boxborough, Massachusetts. Situated on a generous 9.09-acre lot, the single-tenant building offers ample space for a variety of industrial and flex uses. The high ceilings, measuring 26 feet, provide significant vertical clearance, ideal for warehousing or manufacturing operations. The property boasts substantial power capacity with a 3,000-amp, 480-volt service, ensuring sufficient energy for demanding businesses. Ample parking is available with 319 spaces provided on-site. The property is zoned for industrial use, offering flexibility for various business types. Located at 60 Codman Hill Rd, Boxborough, MA 01719, in Middlesex County, this property benefits from convenient access to major transportation routes (specific details not provided). The entire 72,500 square feet is currently vacant, presenting a blank canvas for a new tenant to customize the space to their specific needs. This is a rare opportunity to acquire a substantial industrial property in a desirable location with significant potential for growth and return on investment. The property's size, power capacity, and parking make it suitable for a wide range of businesses seeking a modern and efficient workspace.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,870,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,205,000
- 6.5%
- $3,860,000
- 7%
- $3,980,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,245,000
- Geo Method
- $3,985,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,570,000
- Retail
- $3,285,000
- Mixed-Use
- $3,525,000
- Hospitality
- $3,945,000
- Educational
- $3,510,000
- Residential Income
- $3,045,000
- Energy
- $2,980,000
- Income-Based Land
- $4,145,000
- Food Service
- $3,900,000
Location Insight
- Map
- Local Demand
- City
- Boxboro
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.5484
- Latitude
- 42.4853
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA