830 Curran HwyNorth Adams, MA 01247

  • Retail properties
  • 93,436 SF

Property Details for 830 Curran Hwy

Year built
1992
Construction
STEEL FRAME
Lot size
11.54 AC
Property size (Sq ft)
93,436 SF
Property type
Retail properties
APN
NADA M:290 B:0000 L:B
APU
NADAM290B0000LB

Description

This exceptional retail opportunity is located at 830 Curran Highway in North Adams, Massachusetts, within Berkshire County (zip code 01247). The property, a neighborhood center, offers a total of 68,000 square feet across two suites. Currently, there is 24,000 square feet of vacant space available, divisible into units as small as 2,000 square feet and up to a contiguous 22,000 square feet. The property enjoys a prime location on Route 8, benefiting from high visibility and traffic volume. Its strategic placement near major retailers such as Walmart, Ocean State Job Lot, and Tractor Supply Co. ensures significant foot traffic and brand synergy. The property's classification as a retail pad site further enhances its appeal and potential for various retail businesses. This presents an immediate opportunity for businesses seeking flexible space options in a thriving commercial area. The property is ideal for a variety of retail uses and offers excellent potential for growth and profitability. Contact us today to learn more about this exceptional retail space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $25,056,488
    6.5%
    $23,129,066
    7%
    $21,476,990
  • Comparable approach

    Method
    Valuation
    Relative Method
    $30,806,598
    Geo Method
    $30,765,036
  • Alternative Use

    Use
    Valuation
    Residential
    $19,510,232
    Hospitality
    $17,871,268
    Educational
    $14,868,685
    Medical
    $15,380,042
    Retail
    $23,129,066

Location Insight

City
North Adams
County
Berkshire
State
Massachusetts
Latitude
42.6792
Longitude
-73.1051
CBSA code
38340
CBSA name
PITTSFIELD, 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
$154,743
$699,200
$3,559,000
$4,258,200
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FAQs

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