956 Turnpike StCanton, MA 02021

  • Office buildings
  • 28,140 SF

Property Details for 956 Turnpike St

Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.24 AC
Property size (Sq ft)
28,140 SF
Zone code
LI
Property type
Office buildings
APN
CANT M:89 P:10
APU
CANTM89P10

Description

This exceptional industrial property, located at 956 Turnpike Street in Canton, Massachusetts, offers 13,000 square feet of warehouse and distribution space across two separate units. Each unit provides 6,500 square feet of contiguous space, ideal for a variety of industrial uses. The property sits on a generous 2.25-acre lot, providing ample room for loading, unloading, and potential future expansion. The building boasts a 24-foot ceiling height, offering significant vertical storage capacity. Two dock-high doors ensure efficient loading and unloading operations. The property is equipped with robust power, featuring 600 amps of 277-480 volt, 3-phase, 4-wire service. Currently, the entire 13,000 square feet is available for lease. This prime location in Norfolk County, Massachusetts, offers easy access to major transportation routes, making it an attractive option for businesses seeking efficient logistics and distribution capabilities. The property's size and features make it suitable for a variety of industrial tenants seeking flexible and functional space in a desirable location. The zip code is 02021.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,652,382
    6.5%
    $4,294,507
    7%
    $3,987,756
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,676,772
    Geo Method
    $3,676,772
  • Alternative Use

    Use
    Valuation
    Residential
    $5,325,188
    Hospitality
    $4,877,844
    Educational
    $4,058,309
    Medical
    $4,197,880
    Retail
    $6,312,925

Location Insight

City
Canton
County
Norfolk
State
Massachusetts
Latitude
42.1541
Longitude
-71.1054
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
2024
$65,934
$820,100
$2,349,800
$3,169,900
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