19 Strathmore RdNatick, MA 01760

Property Details for 19 Strathmore Rd

Year built

1970

Construction

STEEL FRAME

Lot size

0.95 AC

Property size (Sq ft)

7,676 SF

Zone code

INI

Property type

Office buildings

APN

NATI M:00000024 P:0000090G

APU

NATIM00000024P0000090G

Description

This exceptional 7,676-square-foot flex building presents a unique owner-user opportunity in Natick, Massachusetts. Located at 19 Strathmore Road, this single-story, 1959-constructed property boasts a 15-foot ceiling height, perfect for various life sciences or industrial applications. The building's convenient location within a well-established industrial complex, situated behind Sherwood Plaza, offers easy access to major transportation arteries including Route 9, the Mass Pike, I-495, and Route 128. This prime location ensures seamless connectivity to Boston and Worcester, enhancing logistical efficiency. The property features one loading dock, simplifying loading and unloading operations. The permitted zoning is industrial, providing flexibility for a range of uses. The vacant status allows for immediate occupancy and customization to meet specific business needs. Nearby amenities such as restaurants, shopping, fitness centers, and hotels further enhance the property's appeal and provide convenience for employees and visitors. This is an exceptional opportunity to acquire a well-located, functional industrial building in a thriving Massachusetts market. The property is zoned for industrial use and offers a single-story layout for efficient operations. The building's proximity to major roadways and amenities makes it an attractive option for businesses seeking a strategic location in the Natick area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,269,072

  6.5%

  $1,171,451

  7%

  $1,087,776

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,002,946

  Geo Method

  $1,002,946

• Alternative Use

  Use

  Valuation

  Residential

  $1,452,599

  Hospitality

  $1,330,573

  Educational

  $1,107,021

  Medical

  $1,145,094

  Retail

  $1,722,033

Location Insight

City

Natick

County

Middlesex

State

Massachusetts

Latitude

42.2959

Longitude

-71.3852

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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