83 Orchard Hill Park DrLeominster, MA 01453

Property Details for 83 Orchard Hill Park Dr

Year built

2006

Construction

STEEL FRAME

Lot size

0.60 AC

Property size (Sq ft)

3,606 SF

Property type

Office buildings

APN

LEOM M:0386 B:0004 L:0002Y

APU

LEOMM0386B0004L0002Y

Description

83 Orchard Hill Park Drive presents a unique opportunity to lease a stunning 6,300 square foot Class A executive office building in Worcester County. This single-tenant, freestanding building, constructed in 2007, boasts contemporary colonial architecture and is situated on the grounds of a major retail power center, ensuring high visibility. The 26,034 square foot lot provides ample parking for employees and clients. Designed for a single user, this space is perfect for a national headquarters or a company seeking a prestigious location. The interior features a master office suite complete with a fireplace and expansive floor-to-ceiling arched windows, creating an impressive and functional workspace. Additional amenities include a fully equipped gym, an outdoor grill patio, a well-appointed kitchen, and a dedicated conference room. The building's high-end finishes and thoughtful design make it ideal for a variety of businesses, including legal, financial, medical, insurance, real estate, and technology firms. The space comfortably accommodates 8-20 employees, and premium furniture is available for purchase. The MU2 zoning ensures flexibility for a range of uses. This exceptional property offers a blend of functionality, prestige, and convenience, making it an unparalleled opportunity in the Worcester County market.

• CAP approach

  CAP return

  Valuation

  6%

  $596,180

  6.5%

  $550,320

  7%

  $511,011

• Comparable approach

  Method

  Valuation

  Relative Method

  $471,160

  Geo Method

  $471,160

• Alternative Use

  Use

  Valuation

  Residential

  $682,396

  Hospitality

  $625,071

  Educational

  $520,052

  Medical

  $537,937

  Retail

  $808,970

Location Insight

City

Leominster

County

Worcester

State

Massachusetts

Latitude

42.5287

Longitude

-71.7125

CBSA code

49340

CBSA name

WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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