Property profile

9 Old Westminster Rd Hubbardston, MA 01452

OFF-MARKET
Commercial real estate
Property ID
US38-1714845
5.11 ac lot
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This Worcester County industrial property, located at 9 Old Westminster Rd, Hubbardston, MA 01452, offers a substantial 29,085 square feet of warehouse space in a single-tenant building. The property features two buildings, spanning three stories, situated on a 5.1-acre lot with 600 feet of frontage. Built in 1970, the property boasts 21 total parking spaces and four drive-in bays, enhancing operational efficiency. The warehouse is legally conforming to zoning regulations. The space is currently entirely vacant and ready for immediate occupancy. While the total square footage is 29,085 square feet, the marketing materials indicate a breakdown including approximately 25,000 square feet of warehouse space and 4,000 square feet of office space. This office space includes multiple private offices. The property's location offers convenient access to train and railroad lines, making transportation and logistics streamlined. This location provides a balance of accessibility and cost-effectiveness, situated outside of a major city center. The property is suitable for businesses of various sizes, offering flexibility in layout and configuration.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 5.11 ac (222,441 SF)
APN HUBB M:0008 L:0022
UPID US38-1714845

Cap rate & NOI

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

Location

9 Old Westminster Rd Hubbardston, MA 01452
Hubbardston metro Census 706100 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2015
5 recorded transactions
2015
$250,000
2012
Price N/A
2008
Price N/A
2007
Price N/A
1995
Price N/A

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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