248 Old Lyman RdSouth Hadley, MA 01075

  • Manufacturing properties
  • 26,400 SF
For Lease
$8.25/SF/YR View listing

Property Details for 248 Old Lyman Rd

Year built
1972
Construction
STEEL FRAME
Lot size
1.52 AC
Property size (Sq ft)
26,400 SF
Zone code
IA0
Property type
Manufacturing properties
APN
SHAD M:0008 B:0101 L:0000
APU
SHADM0008B0101L0000

Description

This exceptional 9,677-square-foot industrial flex space is situated within a larger multi-tenant building at 248 Old Lyman Road, South Hadley, MA 01075. The property, known as The 250 Building, offers a blend of office and warehouse space, ideal for a variety of businesses. Built in 1972, this single-story building sits on 1.52 acres and boasts a total of 26,400 square feet, divided into five suites. The available unit features a dedicated loading dock and a convenient drive-in access, enhancing operational efficiency. Private offices are included, providing a professional workspace. The zoning is IA, allowing for a range of industrial uses. This prime location offers easy access to major transportation arteries, including the Massachusetts Turnpike (MA Pike), Route 33, and Route 202, providing seamless connectivity to Hampshire and Hampden Counties. The property is conveniently located off New Ludlow Road within South Hadley's established industrial park area. This is a rare opportunity to secure a well-appointed flex space in a highly desirable location. The building is comprised of one structure with a total of 26,400 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,995,912
    Hospitality
    $4,576,229
    Educational
    $3,807,369
    Medical
    $3,938,310
    Retail
    $5,922,574

Location Insight

City
South Hadley
County
Hampshire
State
Massachusetts
Latitude
42.2163
Longitude
-72.5614
CBSA code
44140
CBSA name
SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$18,781
$147,900
$980,100
$1,128,000
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