Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    180 East St Ludlow, MA 01056

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $279,000

    Land available for redevelopment, located near the Mass Turnpike.

    Lot size:
    1.00 Acre

    Property Features for 180 East St

    General Information

    Lot size
    1.00 Acre

    We can help!

    Listing Contact
    Brendan Greeley
    Brendan Greeley
    Source: Moodyscre

    Listing Agent: Brendan Greeley

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

    Learn more

    Overview

    Redevelopment Opportunity Near Turnpike

    This property presents a redevelopment opportunity. It is located approximately 1 mile from the Mass Turnpike.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Ludlow
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.4780953
    Latitude
    42.1575621

    Nearby Similar for Sale

    • $389,000
      1,728 SF

      Charming Duplex on Acre Lot

      Income-ready duplex featuring updated amenities on a spacious one-acre lot.
      88-90 Miller St, Ludlow, MA 01056
      View Details
    • $2,000,000

      Mixed-Use Investment Property For Sale

      11-unit mixed-use property with strong rental history and upside.
      287 East St, Ludlow, MA 01056
      View Details
    • $439,900

      Remodeled Two-Family with Garage

      Move-in ready two-family home with garage and large yard.
      70 Fuller St, Ludlow, MA 01056
      View Details
    • $1,150,000

      Ludlow Investment Opportunity For Sale

      Two commercial buildings with retail and warehouse space in Ludlow.
      60 & 64-70 St East, Ludlow, MA 01056
      View Details
    • Contact for pricing
      2,816 SF

      Ludlow Industrial Property For Sale

      2,816 SF industrial property on 0.81 acres in Ludlow.
      23 Oregon Rd, Ludlow, MA 01056
      View Details
    • $439,900

      Renovated Two-Family Home in Ludlow

      Updated two-family home with modern interiors and investment potential.
      24 Elm St, Ludlow, MA 01056
      View Details
    • $1,350,000

      Ludlow Medical/Professional Office Building

      12,800 SF medical/professional office building with expansion potential.
      185 West Ave, Ludlow, MA 01056
      View Details
    • $1,590,000

      Holyoke Street Automotive Buildings Package

      Three-building package on 4+ acres with frontage on Holyoke Street.
      473 Holyoke St, Ludlow, MA 01056
      View Details
    • $2,900,000
      4,388 SF

      Prime Development Site For Sale

      Development site near I-90, Mass Pike, and national retailers.
      430-434 Center St, Ludlow, MA 01056
      View Details
    • $449,900
      1,449 SF

      Auto Sales Property For Sale

      1449 SF auto sales property with mechanic lifts.
      447 Center St, Ludlow, MA 01056
      View Details
    • $790,000
      4,620 SF

      Winsor Street Office Building For Sale

      4,620 SF office building near Ludlow town center.
      119 Winsor St, Ludlow, MA 01056
      View Details
    • $335,000

      Charming Two-Family Home For Sale

      Two-family home with fenced yard and separate utilities.
      172-174 Cedar St, Ludlow, MA 01056
      View Details

    FAQs

    What type of property is this?
    Land - Land available for redevelopment, located near the Mass Turnpike.
    Where is this land located?
    The property is located at 180 East St Ludlow, MA.
    What is the asking price?
    The asking price for this property is $279,000.
    What are key features of this property?
    This property features: - Redevelopment opportunity awaits.; - Located just 1 mile from the Mass Turnpike.
    (413) 478-1005
    Request Owner's contact information
    180 East St Ludlow, MA 01056
    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.
    180 East St
    Ludlow, MA 01056
    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
    180 East St Ludlow, MA 01056
    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

    We can help!
    Listing Contact
    Brendan Greeley
    Brendan Greeley
    (413) 478-1005
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.