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

Other commercial real estate

Property subtype

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%

  $1,283,224

  6.5%

  $1,184,515

  7%

  $1,099,906

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,738,510

  Geo Method

  $1,738,510

• Alternative Use

  Use

  Valuation

  Residential

  $999,182

  Hospitality

  $915,246

  Educational

  $761,474

  Medical

  $787,662

  Retail

  $1,184,515

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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