302 Boxboro RdStow, MA 01775

Property Details for 302 Boxboro Rd

Lot size

11.04 AC

Zone code

I

Property type

Sports & entertainment properties

APN

STOW M:000R-7 P:035B-4

APU

STOWM000R7P035B4

Description

Exceptional investment opportunity: Minute Man Air Field (6B6), a thriving, 24-hour, all-weather public-use airport in Stow and Boxborough, Massachusetts. This 225-acre property boasts seven buildings totaling 55,612 square feet on 25 acres of industrially zoned land. The complex includes two office buildings, an administration building with an on-site restaurant, five hangars, an access road, ample parking, a lighted runway and taxiway, and a fuel farm. The property also features a DEP-certified public water supply for tenants and extensive snow removal and maintenance equipment, including blowers, plows, trucks, loaders, and tractors. The remaining 194 acres of open space, much of which is actively farmed, presents significant development potential, including the possibility of completing Stow's "Emerald Necklace" project and adding a solar farm and cell tower. Currently operating at 100% occupancy with six units, this turnkey operation offers a compelling return on investment, with an asking price of $6,900,000 ($1,150,000 per unit and $124.07 per square foot). This unique offering combines established income generation with substantial future development possibilities. The property is located at 302 Boxboro Rd, Stow, MA 01775.

• Alternative Use

  Use

  Valuation

  Residential

  $91,030,256

  Hospitality

  $83,383,224

  Educational

  $69,373,864

  Medical

  $71,759,736

  Retail

  $107,914,904

Location Insight

City

Stow

County

Middlesex

State

Massachusetts

Latitude

42.4577

Longitude

-71.5137

CBSA code

14460

CBSA name

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

Property Tax & Assessments

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