25 Shopping CtAgawam, MA 01001
- Other commercial real estate
- 676 SF
Property Details for 25 Shopping Ct
- Year built
- 1957
- Construction
- FRAME
- Lot size
- 0.05 AC
- Property size (Sq ft)
- 676 SF
- Zone code
- IA
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- AGAW M:0J14 B:0003 L:5
- APU
- AGAWM0J14B0003L5
Description
This 0.05-acre property located at 25 Shopping Ct, Agawam, MA, presents a unique opportunity for a savvy investor or business owner. Priced at $100,200, this "Other" property type offers significant potential but requires renovation. The building's square footage is not currently specified. The property is being sold "as is" and is subject to probate court approval. Prospective buyers are solely responsible for verifying the property's zoning compliance with their intended use. This means conducting thorough due diligence to ensure the property meets all necessary regulations for your business operations. Given its location and price point, this property could be ideal for a small business seeking a cost-effective space to establish or expand its operations. However, the need for renovations should be factored into the overall investment cost. Serious inquiries only. All interested parties must understand and accept the "as is" condition and probate approval requirements. The property's potential is undeniable, but the necessary improvements should be carefully considered before making an offer. Act quickly to secure this promising investment opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $164,292
- 6.5%
- $151,654
- 7%
- $140,821
-
Comparable approach
- Method
- Valuation
- Relative Method
- $222,582
- Geo Method
- $222,582
-
Alternative Use
- Use
- Valuation
- Residential
- $127,926
- Hospitality
- $117,179
- Educational
- $97,492
- Medical
- $100,845
- Retail
- $151,654
Location Insight
- City
- Agawam
- County
- Hampden
- State
- Massachusetts
- Latitude
- 42.0881
- Longitude
- -72.6305
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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