Technical
Financial
Distress signals
Property profile

660 Main St Sturbridge, MA 01518

OFF-MARKET
Industrial properties
Property ID
US38-1155260
68,898 SF 49.02 ac lot Built 1966
Entity Owned 18-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 68,898 square foot office and industrial property, situated on 55.73 acres in Sturbridge, MA (zip code 01518), presents a significant opportunity. The single-story building, constructed in 1966, features a traditional office layout with multiple tenancies. Currently, a portion of the space is occupied by a tenant specializing in order fulfillment and distribution. Approximately 10,000 square feet of office space is available, including a reception area conveniently located off the main entrance. The warehouse area boasts a comprehensive sprinkler system, updated lighting, heating, and a modern fire annunciation system, ensuring safety and efficiency. Ample parking is provided with capacity for over 200 vehicles, and on-site tractor-trailer storage is also available. The property is located in Worcester County and offers flexible space options ranging from 20,000 to 60,000 square feet, making it ideal for a variety of businesses. This property offers a unique blend of office and industrial space, providing a versatile solution for companies seeking a substantial footprint in a convenient location. The existing tenant's operations highlight the suitability of the space for logistics and distribution-focused businesses. The substantial land area offers potential for future expansion or development. This is a rare opportunity to acquire a well-maintained, sizable property in a desirable location. The property includes 100 designated parking spaces.

Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1966
Construction STEEL FRAME
Total area 68,898 SF
Lot 49.02 ac (2,135,311 SF)
APN STUR M:415 B:000 L:2335-660
UPID US38-1155260

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

660 Main St Sturbridge, MA 01518-1259
Sturbridge metro Census 758103 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.06M
Blend (final) Blend
$4.74M

Owner & transaction history

since 2007
5 recorded transactions
2023
Price N/A
2008
Price N/A
2008
Price N/A
2007
$1.0M
2004
$500,000

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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