257 Simarano DrMarlborough, MA 01752

  • Industrial properties
  • 6.98 AC
For Lease

Property Details for 257 Simarano Dr

Lot size
6.98 AC
Property type
Industrial properties
APN
MARL M:112 B:004 L:000
APU
MARLM112B004L000

Description

This Marlborough, MA industrial property at 257 Simarano Drive offers 55,000 square feet of flexible space across three buildings, ideal for R&D, tech, office, or lab uses. Currently, 12,206 contiguous square feet are immediately available, with a minimum divisible space of 1,044 square feet. The property features a Class B rating, having undergone renovations in 2024, boasting a 20-foot ceiling height and ample natural light. Built in 1981, the two-story buildings sit on 12 acres of land and provide 150 parking spaces. The property benefits from heavy power (2500a/277-480v 3p) and is zoned for industrial use. Its convenient location offers direct access to I-495 via Exit 23. The property includes full HVAC, high-level security, and fire safety systems, making it suitable for a variety of technology-focused tenants. The site is well-suited for businesses requiring loading and warehousing capabilities. Multiple suites are available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $57,537,964
    Hospitality
    $52,704,464
    Educational
    $43,849,496
    Medical
    $45,357,548
    Retail
    $68,210,328
257 Simarano Dr, Marlborough, Massachusetts

Location Insight

City
Marlborough
County
Middlesex
State
Massachusetts
Latitude
42.3243
Longitude
-71.5799
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$105,967
$2,259,600
$3,375,000
$5,634,600
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