Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    East Longmeadow Office/Medical Build-to-Suit Title is generated by Realmo AI

    265 A Benton Dr, East Longmeadow, MA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Build-to-suit opportunity for office or medical tenant in East Longmeadow.

    Type:OFFICE
    Property size:
    5,000 SF
    Lot size:
    13.32 Acres
    Added:
    Feb 1, 2023
    Days on Market:
    1205
    Last Refresh:
    Apr 5 at 11:27 pm

    Property Features for 265 A Benton Dr

    General Information

    Standard status
    Active
    Size
    5,000 SF
    Lot size
    13.32 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 265 A Benton Dr Contact us

    We can help!

    Listing Contact
    Brendan Greeley

    Listing agent Brendan Greeley

    Listing office RJ Greeley Company

    Listing date Feb 1, 2023

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of RJ Greeley Company

    HighLights

    • Pre‑permitting for a 5,000 SF building
    • Ideal for professional or medical office tenant
    • Build to suit opportunity
    • Located at 265A Benton Drive, East Longmeadow
    • 28 on‑site parking spaces

    Overview

    A build-to-suit opportunity is available at 265A Benton Drive in East Longmeadow. The proposed building is suitable for a professional or medical office tenant. The site has pre-permitting for a building of up to 5,000 square feet, with 28 on-site parking spaces.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Longmeadow
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5131
    Latitude
    42.0644

    Nearby Similar for Lease

    • $2,600/Mo
      2,500 SF

      High Visibility End Unit Office

      End unit office space in high-traffic area of East Longmeadow.
      65 Maple St., East Longmeadow, MA 01028
      View Details
    • $1,325/Mo
      700 SF

      East Longmeadow Commercial Unit For Rent

      High-visibility commercial unit near bike path, restaurants, and town amenities.
      69 Maple St, East Longmeadow, MA 01028
      View Details
    • $21 SF/Yr
      1,500 SF

      Retail/Office Space in Shaker Shops

      Retail or office space for lease in busy plaza.
      50 Shaker Rd #58, East Longmeadow, MA 01028
      View Details
    • $600/Mo
      120 SF

      East Longmeadow Office Space Available

      Office space for rent with utilities and parking included.
      280 N Main St #10-C, East Longmeadow, MA 01028
      View Details
    • $18 SF/Yr
      2,000 SF

      East Longmeadow Retail/Office Space Available

      Retail or office space for rent in East Longmeadow.
      165 Shaker Rd #rear, East Longmeadow, MA 01028
      View Details
    • $2,000/Mo
      890 SF

      East Longmeadow Office Space Available

      Approximately 890 square feet of office space for lease.
      6 North Main Street, East Longmeadow, MA 01028
      View Details
    • $22 SF/Yr
      5,200 SF

      Medical Office Suites For Lease

      Highly visible medical office suites in East Longmeadow, MA.
      294 N Main St, East Longmeadow, MA 01028
      View Details
    • $600/Mo
      400 SF

      East Longmeadow Office Space Available

      Office spaces for rent with all-inclusive rent and free parking.
      280 N Main St 10-C, East Longmeadow, MA 01028
      View Details
    • $18 SF/Yr
      2,000 SF

      East Longmeadow Retail/Office Space

      2,000 SF retail or office space on Route 220.
      165 Shaker Rd, East Longmeadow, MA
      View Details
    • $2,600/Mo

      High Visibility Office Space Available

      End unit office space in high-traffic area for rent.
      65 Maple St., East Longmeadow, MA 01028
      View Details
    • $1,325/Mo

      High Visibility Commercial Space Available

      Excellent unit in high-traffic area near amenities. Flexible use.
      69 Maple St, East Longmeadow, MA 01028
      View Details
    • $400/Mo

      Individual Offices For Lease

      Individual offices for lease near the center of town.
      200 North Main Street, East Longmeadow, MA 01028
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Build-to-suit opportunity for office or medical tenant in East Longmeadow.
    Where is this medical office space located?
    The property is located at 265 A Benton Dr East Longmeadow, MA.
    What are key features of this property?
    This property features: Pre‑permitting for a 5,000 SF building; Ideal for professional or medical office tenant; Build to suit opportunity
    (413) 478-1005 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brendan Greeley
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    265 A Benton Dr, East Longmeadow, MA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!