63 Smiths Ln Kingston, MA 02364-3008
Property profile & analytics
63 Smiths Ln Kingston, MA 02364-3008
- Commercial real estate
- 5.80 lot acres
Property ID
US38-1187172
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.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 63 Smiths Ln
- Lot size
- 5.80 lot acres
- Property type
- Commercial real estate
- APN
- KING M:0076 B:0098
- APU
- KINGM0076B0098
Description
This exceptional investment opportunity presents a 22,725 square foot, Class B office complex in Kingston, Massachusetts. The property consists of two buildings: a 15,440 square foot main office building with a modern build-out and elevator, and a 7,285 square foot office/flex building with loading infrastructure. Built in 1984 and renovated in 2011 and 2021, the property sits on a 5.8-acre lot (234,556 sq ft) with 588 feet of frontage on Route 3, offering excellent visibility and convenient access. Currently 100% occupied under a single-tenant, net lease (NNN) agreement with a corporate guarantor, the lease has a remaining term of six years with rent bumps and a five-year renewal option. The property is zoned for commercial use and enjoys a strategic location near the Kingston Collection shopping center and the Kingston Commuter Rail Station, providing easy access to Boston. This core investment offers a compelling 6.87% cap rate, making it an attractive addition to any portfolio. The property's versatile design allows for continued use as office space or potential conversion of the second building to warehouse/flex space. The well-landscaped grounds, including a charming brook, enhance the property's appeal. This is a rare opportunity to acquire a high-quality, strategically located commercial property with strong tenant occupancy and a significant remaining lease term.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Kingston
- County
- Plymouth
- State
- Massachusetts
- Longitude
- -70.7104
- Latitude
- 41.9789
- 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
$25,501
$631,300
$1,375,100
$2,006,400
-
$0.00
$0.00
$0.00
