325 Ayer RdHarvard, MA 01451

Property Details for 325 Ayer Rd

Year built

1954

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

4.74 AC

Property size (Sq ft)

80,652 SF

Property type

Office buildings

APN

HARV M:1 B:4

APU

HARVM1B4

Description

This exceptional 85,762-square-foot flex/distribution building in Harvard, Massachusetts, presents a unique opportunity for businesses seeking versatile industrial space. Situated on a generous 4.74-acre lot in Worcester County, this multi-tenant property offers immediate occupancy with 9,910 square feet currently vacant. The building is divisible, with spaces ranging from a minimum of 1,508 square feet to a maximum contiguous space of 3,362 square feet, providing flexibility for various business needs. The property's classification as both flex and distribution space caters to a wide range of operations, from light manufacturing and warehousing to office and showroom uses. Its location in Harvard, MA, offers convenient access to major transportation routes, enhancing logistical efficiency. The available space is ideal for businesses seeking expansion or relocation, providing a blend of functionality and strategic location within a thriving industrial market. The property's size and layout offer significant potential for customization and adaptation to specific operational requirements. With its ample acreage and versatile design, this property represents a compelling investment opportunity in a desirable location. The address is 325 Ayer Road, Harvard, MA 01451.

• CAP approach

  CAP return

  Valuation

  6%

  $13,334,185

  6.5%

  $12,308,478

  7%

  $11,429,301

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,537,990

  Geo Method

  $10,537,990

• Alternative Use

  Use

  Valuation

  Residential

  $15,262,513

  Hospitality

  $13,980,380

  Educational

  $11,631,512

  Medical

  $12,031,537

  Retail

  $18,093,462

Location Insight

City

Harvard

County

Worcester

State

Massachusetts

Latitude

42.543

Longitude

-71.5758

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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