199 Denslow RdEast Longmeadow, MA 01028
- Industrial land
- 2.02 AC
Property Details for 199 Denslow Rd
- Lot size
- 2.02 AC
- Zone code
- INDG
- Property type
- Industrial land
- APN
- ELON M:0010 B:0012 L:0002
- APU
- ELONM0010B0012L0002
Description
This exceptional 10,000-square-foot medical office building presents a unique opportunity in East Longmeadow, Massachusetts. Situated on a generous 2.02-acre lot, this single-tenant property offers complete flexibility for a discerning medical practice. Currently vacant, the building provides a blank canvas for a build-to-suit project, allowing customization to perfectly match your specific operational needs. The property's zoning is Industrial, offering potential advantages for certain medical specialties. Its convenient location in East Longmeadow provides easy access to the surrounding communities, ensuring excellent visibility and accessibility for patients and staff. The ample lot size allows for ample parking and potential future expansion. This is an ideal opportunity for a medical practice seeking a modern, efficient, and strategically located space to establish or expand their operations. The property is located at 199 Denslow Road, East Longmeadow, MA 01028, within Hampden County. This prime location offers significant advantages for businesses seeking to serve the East Longmeadow and Longmeadow markets. The property's size and zoning provide a unique opportunity for a medical practice seeking a customized space to meet their specific requirements. This is a rare chance to secure a substantial and well-positioned medical office building in a thriving area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $32,431,900
- 6.5%
- $29,937,100
- 7%
- $27,798,700
-
Comparable approach
- Method
- Valuation
- Relative Method
- $18,379,400
- Geo Method
- $18,379,400
-
Alternative Use
- Use
- Valuation
- Retail / Commercial
- $15,351,600
- Mixed-Use / Specialty
- $15,296,900
- Hospitality / Lodging
- $11,222,800
- Office
- $15,206,000
- Institutional / Educational
- $15,902,600
- Residential Income
- $18,606,000
- Multifamily
- $22,315,100
- Automotive / Energy
- $13,630,800
- Parking / Income-Based Land
- $4,703,820
- Restaurant / Food Service
- $7,956,020
- Healthcare / Senior Housing
- $15,686,700
Location Insight
- City
- East Longmeadow
- County
- Hampden
- State
- Massachusetts
- Latitude
- 42.0391
- Longitude
- -72.5318
- 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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