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Property profile & analytics
FOR SALE
Office buildings

32 Industrial Dr E Northampton, MA 01060

21,000 SF 2.45 ac lot Built 1986
Entity Owned 22-yr Hold ~ Est. High Equity
Property ID
US38-1668068
Property summary
AI-generated overview

This exceptional office property, located at 32 Industrial Dr E in Northampton, Massachusetts, offers 8,500 square feet of immediately available space within a larger 21,000 square foot building. Situated on 2.45 acres of land in Hampshire County, this Class B building boasts a convenient location, approximately one mile from I-91 and the heart of downtown Northampton. Built in 1986, the two-story structure features ample parking. The space is turnkey ready and includes a base rent of $19 per square foot, encompassing parking, HVAC, electricity, a conference room, and a kitchen/break room. The property is zoned for General Industrial use and is ideal for businesses seeking a blend of accessibility and functionality. The building consists of a single structure with multiple tenants. This presents a unique opportunity for a business seeking a substantial and well-equipped office space in a thriving Massachusetts community. The available space is part of a larger building, offering potential for expansion or collaboration within the same complex. The property's location offers easy access to major transportation routes and the amenities of downtown Northampton.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1986
Construction FRAME
Total area 21,000 SF
Lot 2.45 ac (106,722 SF)
Zoning code GI
APN NHAM M:0019 B:0011 L:0001
UPID US38-1668068
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.55M
Blend (final) Blend
$4.85M
Owner & transaction history
Fugu Grp LLC · 22 yrs held
Fugu Grp LLC
since 2004
2 recorded transactions
2004
$925,000
2004
Price N/A
Zoning & alternative use
GI · Northampton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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