314 BroadwayTaunton, MA 02780

Property Details for 314 Broadway

Year built

2013

Construction

STEEL FRAME

Lot size

1.82 AC

Property size (Sq ft)

7,000 SF

Zone code

3.33

Property type

Other commercial real estate

Property subtype

Showrooms

APN

TAUN M:39 L:107 U:

APU

TAUNM39L107U

Description

This 7,000-square-foot industrial building in Taunton, MA, is available for sale at $1,690,000. Built in 2013, this single-story, single-unit property sits on a 1.82-acre lot and features a 22-foot ceiling height. The building offers four large bay drive-in overhead doors, a mezzanine area for additional storage, offices with central air conditioning, a kitchenette/breakroom, and ample parking. Ideal for owner-occupancy or investment, this well-maintained property boasts a prime location on busy Route 138, ensuring maximum visibility. The flexible space is suitable for various uses, and the sizable lot allows for potential expansion. The sale is structured as a 1031 exchange. The property is currently listed as a gross lease, with the lease expiring September 30, 2024. The price per square foot is $241.43. This is a rare opportunity to acquire a newer, pre-fabricated warehouse in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,701,244

  6.5%

  $1,570,379

  7%

  $1,458,210

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,304,842

  Geo Method

  $2,304,842

• Alternative Use

  Use

  Valuation

  Residential

  $1,324,674

  Hospitality

  $1,213,394

  Educational

  $1,009,530

  Medical

  $1,044,249

  Retail

  $1,570,379

Location Insight

City

Taunton

County

Bristol

State

Massachusetts

Latitude

41.9276

Longitude

-71.09

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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