40 Bobala RdHolyoke, MA 01040

Property Details for 40 Bobala Rd

Year built

1995

Construction

STEEL FRAME

Lot size

5.18 AC

Property size (Sq ft)

25,408 SF

Zone code

IP

Property type

Office buildings

APN

HOLY M:0176 B:0000 L:35

APU

HOLYM0176B0000L35

Description

Ingleside Professional Center presents a unique opportunity for businesses seeking versatile office space in a prime Hampden County location. This well-maintained, three-story building totaling 25,408 square feet offers a variety of configurations suitable for traditional, executive, medical, or creative office uses. Built in 1995, the single building features ample, well-lit parking, catering to the needs of tenants and their clients. Its strategic location provides convenient access to the I-90 (Mass Pike) and I-91 interchange, ensuring seamless commutes for employees and easy access for clients. The property benefits from a quiet, professional atmosphere, ideal for fostering productivity. Furthermore, its proximity to the Holyoke Mall and other local and national businesses enhances its appeal and provides employees with convenient access to a range of amenities. The property is zoned IP and offers multiple tenancy options. This is an exceptional opportunity to establish or expand your business in a thriving commercial area. Contact us today to learn more about leasing opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $4,200,702

  6.5%

  $3,877,570

  7%

  $3,600,601

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,319,809

  Geo Method

  $3,319,809

• Alternative Use

  Use

  Valuation

  Residential

  $4,808,188

  Hospitality

  $4,404,274

  Educational

  $3,664,304

  Medical

  $3,790,325

  Retail

  $5,700,028

Location Insight

City

Holyoke

County

Hampden

State

Massachusetts

Latitude

42.1668

Longitude

-72.6495

CBSA code

44140

CBSA name

SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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