Industrial Properties in Newton, Massachusetts offer a unique opportunity for investors to tap into the city's diverse economy and rich history. As a hub for education and healthcare, Newton is home to notable employers like Boston College and Newton-Wellesley Hospital, as well as companies such as TechTarget and CyberArk. Industrial Properties in Newton can represent a range of investments, from warehouses and manufacturing facilities to research and development spaces. With its proximity to downtown Boston and access to major transportation hubs like Route 9 and the Mass Pike, Newton provides an ideal location for businesses looking to establish a strong presence in the region. The city's amenities, including Crystal Lake, Heartbreak Hill, and the Chestnut Hill Reservoir, also make it an attractive location for employees and residents. Additionally, Newton's strong educational institutions, such as Boston College and Lasell University, provide a skilled workforce and opportunities for collaboration and innovation.
With 5 Industrial Properties for sale in Newton, investors have a range of options to choose from. Newton's Industrial Properties offer an average price per square foot of $502 USD and an average size of 17,067 square feet, with the largest property spanning 21,600 square feet. The city's Industrial Properties also boast an average cap rate of. In addition to Industrial Properties, Newton is also home to a range of other property types, including Warehouses, which offer flexible spaces for storage and distribution; Land, which provides opportunities for development and growth; Apartment Buildings, which cater to the city's growing residential population; and Commercial Real Estate, which supports the city's thriving business community. With its unique blend of history, education, and innovation, Newton is an attractive location for businesses and investors alike.
What is the average price per square foot for industrial properties in Newton?
The average price per square foot for industrial properties in Newton is $502 USD.
How do location and transportation access affect industrial property values?
In Newton, Massachusetts, the location and transportation access of industrial properties significantly impact their values, with proximity to major roads, highways, and public transportation hubs like Route 9, Hammond Pond Parkway, and the Green Line D branch increasing property values.
- Industrial properties near major transportation facilities, such as the Mass Pike, tend to have higher values due to the ease of access for employees, customers, and goods.
- Properties located in areas with limited transportation options, such as those farther from the city center, may have lower values due to the increased difficulty of accessing the property.
- Additionally, industrial properties with proximity to amenities like Newton-Wellesley Hospital, Boston College, and the Chestnut Hill Reservoir may also command higher values due to the desirability of the location.
