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Property profile & analytics
OFF-MARKET Estimated value $2,855,000
Retail space

82 Worcester Rd Webster, MA 01570-2163

56,767 SF 5.12 ac lot Built 1998
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US38-1707918
Property summary
AI-generated overview

This exceptional 57,000-square-foot warehouse, situated at 82 Worcester Road in Webster, Massachusetts, presents a significant opportunity for a variety of businesses. Located in the Webster Plaza on Route 12, this single-tenant property boasts unparalleled accessibility, just one mile from I-395, with convenient access to I-90 (Mass Pike) and Route 20. The building's strategic location makes it ideal for wholesale distribution, retail operations, or medical facilities. The property sits on a generous 5.12-acre lot and features a 22-foot clear ceiling height, providing ample space for storage and operations. Five truck-height loading docks ensure efficient loading and unloading, while ample parking accommodates 200+ vehicles. The building includes approximately 2,500 square feet of office space, catering to administrative needs. The property is zoned GB4 and benefits from three-phase power. Previously occupied by a grocery store, this warehouse is ready for immediate occupancy. This is a rare opportunity to acquire a well-located, spacious warehouse in a thriving area. The property's size, features, and location make it an attractive option for businesses seeking a functional and accessible space.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1998
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 56,767 SF
Lot 5.12 ac (223,027 SF)
Zoning code GB-4 W
APN WEBS M:88 B:B P:40 E:SH
UPID US38-1707918
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.79M
Blend (final) Blend
$2.86M
Owner & transaction history
LUNDGREN EQUITY PARTNERS GLICKMAN KOVAGO
LUNDGREN EQUITY PARTNERS GLICKMAN KOVAGO
Zoning & alternative use
GB-4 W · Webster, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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