40 Nagog ParkActon, MA 01720

Property Details for 40 Nagog Park

Year built

1983

Construction

STEEL FRAME

Property size (Sq ft)

18,520 SF

Property type

Office properties

Property subtype

Other office properties

APN

ACTO M:00B4 B:0002 L:0240

APU

ACTOM00B4B0002L0240

Description

This exceptional three-story office building, located at 40 Nagog Park in Acton, Massachusetts, offers a diverse range of office spaces to suit various business needs. Built in 1984 and situated on a generous 6.23-acre lot, the property boasts a total of 18,564 square feet. The building is currently multi-tenant, with a significant amount of vacant space totaling 9,001 square feet available for immediate occupancy. Flexible layouts cater to a variety of businesses, from executive suites to creative and traditional office spaces, even accommodating medical office practices. Units range in size from a minimum of 2,859 square feet to a maximum contiguous space of 6,104 square feet, with a total of seven spaces currently available. The building's design incorporates desirable features such as private offices, open work areas, and an abundance of natural light thanks to its ribbon glass window line. The property is conveniently located in Middlesex County, with easy access to major transportation routes. This presents a unique opportunity to secure high-quality office space in a desirable Acton location. The property's versatility and ample square footage make it an ideal choice for companies seeking expansion or relocation. Inquire today to explore the available options and secure your ideal workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $3,061,909

  6.5%

  $2,826,378

  7%

  $2,624,494

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,419,823

  Geo Method

  $2,419,823

• Alternative Use

  Use

  Valuation

  Residential

  $3,504,708

  Hospitality

  $3,210,294

  Educational

  $2,670,927

  Medical

  $2,762,784

  Retail

  $4,154,775

Location Insight

City

Acton

County

Middlesex

State

Massachusetts

Latitude

42.5256

Longitude

-71.4296

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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