636 College HwySouthwick, MA 01077
- Retail properties
- 2,568 SF
Property Details for 636 College Hwy
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 4.90 AC
- Property size (Sq ft)
- 2,568 SF
- Property type
- Retail properties
- APN
- SWIC M:065 B:000 L:030
- APU
- SWICM065B000L030
Description
This exceptional Southwick, MA property presents a unique investment opportunity. Spanning 4.9 acres with 370 feet of road frontage, the site offers significant potential for subdivision. The property boasts two buildings, blending historic character with modern updates. Recent improvements include a new roof (2021), new air conditioning (2024), and a new hot water heater (2023). A new septic system was installed in 2024, and town sewer availability exists. Natural gas service is also available. Approximately two acres of the land are cleared, providing ample space for development or expansion, with additional uncleared acreage. Traffic count data is available upon request. The property's picturesque setting and multi-use potential make it ideal for an entrepreneur with a vision. All development plans will require town approval. The seller is open to considering offers that include financing. This is a rare chance to acquire a substantial property with significant upside in a desirable location. The blend of historic buildings and the potential for new construction offers a unique opportunity to create something truly special.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $624,114
- 6.5%
- $576,105
- 7%
- $534,955
-
Comparable approach
- Method
- Valuation
- Relative Method
- $845,548
- Geo Method
- $845,548
-
Alternative Use
- Use
- Valuation
- Residential
- $485,966
- Hospitality
- $445,142
- Educational
- $370,353
- Medical
- $383,090
- Retail
- $576,105
Location Insight
- City
- Southwick
- County
- Hampden
- State
- Massachusetts
- Latitude
- 42.0654
- Longitude
- -72.7629
- 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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