40 Cumberland AveNorth Attleborough, MA 02760

  • Super regional malls
  • 59,800 SF

Property Details for 40 Cumberland Ave

Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
9.92 AC
Property size (Sq ft)
59,800 SF
Zone code
C60
Property type
Super regional malls
APN
NATT M:0027 B:0018 L:0000
APU
NATTM0027B0018L0000

Description

This exceptional retail opportunity presents 157,024 square feet of commercial space within the Cumberland Shops, a strip center located at 40 Cumberland Avenue in North Attleborough, Massachusetts, zip code 02760. The property is situated in Bristol County and offers multiple tenancy options. Currently, there are two suites available, providing flexible space ranging from a minimum of 4,000 square feet to a maximum contiguous space of 9,400 square feet. A significant portion of the property is currently vacant, totaling 13,400 square feet, presenting a unique chance for expansion or a fresh start for businesses seeking a prominent location. The property's strategic location in North Attleborough offers excellent visibility and accessibility, making it an ideal choice for a variety of retail ventures. This is a rare opportunity to secure prime retail space in a thriving Massachusetts market. The property's size and layout offer considerable flexibility for businesses of various scales. Interested parties are encouraged to inquire for further details and leasing options.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,533,488
    6.5%
    $13,415,527
    7%
    $12,457,275
  • Comparable approach

    Method
    Valuation
    Relative Method
    $19,689,940
    Geo Method
    $19,689,940
  • Alternative Use

    Use
    Valuation
    Residential
    $11,316,499
    Hospitality
    $10,365,852
    Educational
    $8,624,267
    Medical
    $8,920,869
    Retail
    $13,415,527

Location Insight

City
North Attleboro
County
Bristol
State
Massachusetts
Latitude
41.9319
Longitude
-71.3546
CBSA code
39300
CBSA name
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA 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
$117,384
$4,917,800
$2,645,600
$7,563,400
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FAQs

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