807 Sterling Rd, Lancaster, MA 01523-2915
- Industrial properties
- 14,219 SF
- 2.70 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 807 Sterling Rd
- Lot size
- 2.70 lot acres
- Property type
- Industrial properties
- APN
- LANC M:036.0 B:0000 L:0012.0
- APU
- LANCM0360B0000L00120
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 13, 2006 | $400,000 | Sfs Contracting LLC | James W Essary | Deed | $250k · Td Banknorth Mtg Grp |
| Jan 13, 2006 | — | Sfs Contr LLC | — | Deed Of Trust · related | $100k · Mary F Essary |
| Sep 30, 1999 | — | James W Essary | — | Deed Of Trust · related | $400k · Bankboston Development Co LLC |
| Jun 21, 1999 | — | Mary F Essary | — | Deed Of Trust · related | $100k · Bankboston Development Co LLC |
| Jul 9, 1998 | — | James W Essary | — | Deed Of Trust · related | $110k · Bankboston Development Co LLC |
| Jun 7, 1996 | — | James W Essary | — | Deed Of Trust · related | $43k · Bankboston Development Co LLC |
| Mar 14, 1994 | $140,000 | James W Essary | Rand RT | Grant Deed | — |
Description
This Lancaster, MA property offers 28,805 square feet of versatile industrial/flex space, ideal for a variety of uses. The property comprises two buildings, including a main building with 18,000 square feet of heated and cooled flex space, a 6,400-square-foot warehouse, and a 5,100-square-foot flex building with a lab. Currently, 9,649 square feet is available, divisible into spaces ranging from 1,472 to 9,649 contiguous square feet. The property features eight drive-in doors, ample parking for 70 vehicles, and a 12-foot ceiling height. Built in 1976, this Class C property sits on a 2.7-acre lot and offers 800 AMP, 208V power. The property is zoned I and has a total of three suites. This multi-tenant property presents a unique opportunity for businesses seeking flexible and adaptable space in a convenient Lancaster location. The property's combination of warehouse, flex, and lab space makes it suitable for a wide range of industrial and manufacturing operations. The ample parking and drive-in access ensure efficient loading and unloading.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $827,000
Market price range: $256k - $828k -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $1,140,000 Current use
- OFFICE BUILDING
- $1,935,000 Change: +70% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,795,000 Change: +58% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,705,000 Change: +50% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,565,000 Change: +38% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.7119
- Latitude
- 42.441
- CBSA code
- 49340
- CBSA name
- WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
