793 Silver StAgawam, MA 01001

Property Details for 793 Silver St

Year built

2009

Construction

FRAME

Lot size

2.40 AC

Property size (Sq ft)

5,280 SF

Zone code

IB

Property type

Showrooms

APN

AGAW M:00G5 B:0003 L:1

APU

AGAWM00G5B0003L1

Description

This exceptional 5,280-square-foot industrial/flex building in Agawam, MA, presents a compelling investment opportunity. Situated on a 2.4-acre lot zoned Indus-B, this 2009-constructed property boasts four 14x14 dock-high doors, 17-foot ceilings, and convenient access to Routes 57 and 91. The building features approximately 4,800 square feet of open warehouse space, ideal for distribution or flexible use. A 480-square-foot office area includes two ADA-compliant bathrooms. Additional storage is available on a second floor, along with a room and full bathroom. A large, flat yard provides ample space for equipment and material storage. This property offers a blend of warehouse, office, and outdoor storage, making it suitable for a variety of businesses. The prime location near the Agawam Industrial Park ensures easy access to major transportation routes, enhancing operational efficiency and logistical advantages. The asking price is $1,000,000.

• CAP approach

  CAP return

  Valuation

  6%

  $998,807

  6.5%

  $921,976

  7%

  $856,121

• Comparable approach

  Method

  Valuation

  Relative Method

  $717,480

  Geo Method

  $717,480

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,797,940

  Mixed-Use / Specialty

  $918,689

  Hospitality / Lodging

  $674,013

  Office

  $913,231

  Institutional / Educational

  $955,066

  Residential Income

  $1,117,430

  Multifamily

  $1,340,180

  Automotive / Energy

  $818,628

  Parking / Income-Based Land

  $282,499

  Restaurant / Food Service

  $477,817

  Healthcare / Senior Housing

  $942,098

Location Insight

City

Agawam

County

Hampden

State

Massachusetts

Latitude

42.0501

Longitude

-72.6527

CBSA code

44140

CBSA name

SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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