5 Crescent CirSouthwick, MA 01077

  • Industrial properties
  • 4,412 SF
For Sale
$425,000 View listing

Property Details for 5 Crescent Cir

Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
3.31 AC
Property size (Sq ft)
4,412 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
SWIC M:076 B:000 L:037
APU
SWICM076B000L037

Description

This 4,412 square foot flex space industrial property in Southwick, MA, is offered at $425,000. Located at 5 Crescent Cir, 01077, this single-story, 1971-built building sits on a 3-acre lot and was renovated in 2005. The property features four separate units, each with its own drive-in garage door and oil-fired furnace, perfect for individual businesses or a larger operation. Three units boast 10-foot commercial doors, and all units have concrete floors. The property is zoned for commercial use and currently utilizes a well for water service and septic for bathroom facilities. A contractor's proposal and town cost estimates (February 17, 2024) for connection to town sewer are available (estimated $14,778 - $19,778). The building's ceiling height is 12 feet. This multi-tenant property presents a unique opportunity for investors or businesses seeking versatile space. The property's location offers easy access to College Highway. Each unit is approximately $106,250. The price per square foot is $96.33. The property is classified as Class C with a gross lease type. The APN is SWIC-000076-000000-000037. There are no loading docks or dock-high doors.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $834,923
    Hospitality
    $764,785
    Educational
    $636,292
    Medical
    $658,175
    Retail
    $989,788
5 Crescent Cir, Southwick, Massachusetts

Location Insight

City
Southwick
County
Hampden
State
Massachusetts
Latitude
42.0613
Longitude
-72.7676
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
$2,537
$101,400
$62,600
$164,000
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