769 Silver StAgawam, MA 01001

Property Details for 769 Silver St

Lot size

17.19 AC

Zone code

IB

Property type

Commercial real estate

APN

AGAW M:00G6 B:0002 L:6

APU

AGAWM00G6B0002L6

Description

This exceptional 17.19-acre property in Agawam, MA, presents a remarkable investment opportunity. Ideally situated within an industrial park, it boasts unparalleled highway accessibility, making it a highly desirable location for a variety of businesses. The property includes a diverse range of existing structures, perfectly suited for immediate occupancy and future expansion. A substantial 2,500 square feet of retail space is complemented by over 4,000 square feet of office space, encompassing conference rooms and a kitchen. Furthermore, a significant 41,000+ square feet of warehouse space provides ample storage and operational capacity. The numerous outbuildings on the site offer flexibility and potential for diverse uses. This expansive parcel offers significant room for future development and expansion, catering to a wide array of business needs and growth strategies. Its prime location and versatile infrastructure make it an exceptional investment prospect with significant potential for return. The property's size and existing buildings provide a solid foundation for immediate operations while allowing for substantial future expansion to meet evolving business requirements. The strategic location within an industrial park, coupled with easy highway access, ensures optimal logistical efficiency and market visibility. This is a rare opportunity to acquire a substantial and versatile property with significant potential for a variety of commercial uses.

• CAP approach

  CAP return

  Valuation

  6%

  $140,346,000

  6.5%

  $129,550,000

  7%

  $120,296,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $97,866,200

  Geo Method

  $97,866,200

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $255,054,000

  Retail / Commercial

  $130,790,000

  Mixed-Use / Specialty

  $130,324,000

  Hospitality / Lodging

  $95,614,600

  Office

  $129,550,000

  Institutional / Educational

  $135,484,000

  Residential Income

  $158,517,000

  Multifamily

  $190,117,000

  Automotive / Energy

  $116,130,000

  Parking / Income-Based Land

  $40,074,900

  Restaurant / Food Service

  $67,782,500

  Healthcare / Senior Housing

  $133,645,000

Location Insight

City

Agawam

County

Hampden

State

Massachusetts

Latitude

42.0505

Longitude

-72.6506

CBSA code

44140

CBSA name

SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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