360 Massachusetts AveActon, MA 01720

Property Details for 360 Massachusetts Ave

Year built

1988

Construction

STEEL FRAME

Property size (Sq ft)

20,740 SF

Property type

Office properties

APN

ACTO M:00G3 B:0010 L:0101

APU

ACTOM00G3B0010L0101

Description

This exceptional 20,000-square-foot, two-story executive office building is ideally situated at the intersection of Route 2 and Route 111 in Acton, Massachusetts, offering unparalleled convenience. Located midway between Route 128 and Route 495, this first-class property boasts easy access to major transportation arteries. The building features 2,500 square feet of immediately available office space within a multi-tenant environment. Amenities include ample parking (5.75 spaces per 1,000 square feet), a fully equipped kitchen, central heating and air conditioning, and modern features such as new lighting and Wi-Fi throughout. The space is fully carpeted and benefits from direct elevator access and prominent signage opportunities. Its strategic location provides proximity to a variety of restaurants, shopping centers, and the South Acton train station, enhancing both employee and client convenience. This is an excellent opportunity to secure high-quality office space in a desirable and easily accessible location within Middlesex County. The building is locally owned and managed.

• CAP approach

  CAP return

  Valuation

  6%

  $3,428,942

  6.5%

  $3,165,177

  7%

  $2,939,093

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,709,888

  Geo Method

  $2,709,888

• Alternative Use

  Use

  Valuation

  Residential

  $3,924,819

  Hospitality

  $3,595,113

  Educational

  $2,991,092

  Medical

  $3,093,960

  Retail

  $4,652,810

Location Insight

City

Acton

County

Middlesex

State

Massachusetts

Latitude

42.4733

Longitude

-71.4478

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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