30 Riverside DrLakeville, MA 02347

  • Office buildings
  • 30,420 SF
For Lease
$26/SF/YR View listing

Property Details for 30 Riverside Dr

Year built
2007
Construction
STEEL FRAME
Lot size
2.99 AC
Property size (Sq ft)
30,420 SF
Property type
Office buildings
APN
LAKE M:00062 B:0003 L:010F
APU
LAKEM00062B0003L010F

Description

This exceptional Class A office property, located at 30 Riverside Drive in Lakeville, Massachusetts, offers 2,556 square feet of immediately available executive office space. Situated within the prestigious Lakeville Corporate Park, this building boasts a total of 31,456 square feet and sits on a generous 3-acre lot. Built in 2008, the property is zoned for Office/Medical use, providing flexibility for a variety of professional businesses. The building is part of a larger development encompassing over 85,000 square feet of Class A office space across three buildings, with additional developable land planned for future expansion. This prime location in the Route 3 South submarket of Plymouth County offers easy access to major transportation routes, making it an ideal location for businesses seeking convenient commuting options for employees and clients. The available space is perfect for a business seeking a modern, efficient, and well-located office environment. The property's multiple tenancy structure allows for a diverse and collaborative atmosphere. The zip code is 02347. This is a rare opportunity to secure high-quality office space in a thriving business park.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,445,876
    6.5%
    $5,950,040
    7%
    $5,525,037
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,974,677
    Geo Method
    $3,974,677
  • Alternative Use

    Use
    Valuation
    Residential
    $7,378,049
    Hospitality
    $6,758,254
    Educational
    $5,622,788
    Medical
    $5,816,164
    Retail
    $8,746,558

Location Insight

City
Lakeville
County
Plymouth
State
Massachusetts
Latitude
41.8752
Longitude
-70.9205
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
$42,259
$622,700
$3,382,900
$4,005,600
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