76 Walker Rd Shirley, MA 01464-2900
- Manufacturing properties
- 40,374 SF
- 5.01 lot acres
Current Use by Public Records
- ThermoFab / Plastic Fabrication Company
Property Details for 76 Walker Rd
- Year built
- 1985
- Construction
- STEEL FRAME
- Lot size
- 5.01 lot acres
- Property size
- 40,374 SF
- Zone code
- RR
- Property type
- Manufacturing properties
- APN
- SHIR M:0029 B:000A L:00004
- APU
- SHIRM0029B000AL00004
Description
This exceptional investment opportunity presents a single-tenant net-leased manufacturing property located at 76 Walker Road, Shirley, Massachusetts, in Middlesex County. The property boasts a substantial 40,374 square feet of space within a single building constructed in 1985, situated on a generous 5.01-acre lot. The asking price is $3,300,000, offering a compelling 8.00% capitalization rate based on a Net Operating Income (NOI) of $263,929. The property's functionality is enhanced by six loading docks and three dock-high doors, catering to efficient logistics and material handling. This industrial property is ideal for investors seeking a stable, high-yield investment with a long-term lease in place. The property's location in Shirley, MA, provides convenient access to major transportation routes, further enhancing its appeal. The property's strong financial performance and strategic location make it a highly attractive investment opportunity in the thriving Massachusetts market. The single-tenant structure minimizes management complexities, providing a streamlined and predictable income stream. This is a rare opportunity to acquire a well-maintained, high-performing industrial asset with significant upside potential. The property's size and features make it suitable for a variety of manufacturing operations. The zip code is 01464.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,765,000
- 6.5%
- $2,775,000
- 7%
- $2,520,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,255,000
- Geo Method
- $2,440,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,765,000
- Retail
- $2,805,000
- Mixed-Use
- $2,535,000
- Hospitality
- $2,200,000
- Educational
- $2,340,000
- Residential Income
- $2,455,000
- Energy
- $2,405,000
- Income-Based Land
- $2,655,000
- Food Service
- $2,855,000
Location Insight
- Map
- Local Demand
- City
- Shirley
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.6168
- Latitude
- 42.5584
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
