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

    65-35-1 Pine Hill Dr Palmer, MA 01069

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    0.22-acre lot with utilities, buyer to verify potential uses.

    Lot size:
    0.22 Acres

    Property Features for 65-35-1 Pine Hill Dr

    General Information

    Lot size
    0.22 Acres

    We can help!

    Listing Contact
    Brenda Binczewski
    Source: Elliman

    Listing Agent: Brenda Binczewski

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

    Learn more

    Overview

    Undevelopable Lot Bordering Large Land

    This 0.22-acre lot is located in town and has access to public water and sewer. A manufactured home was previously located on the property. Currently, the lot is considered undevelopable. Prospective buyers are advised to conduct their own due diligence to explore potential uses for the land. The lot borders 150 acres of land.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Palmer
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.324425
    Latitude
    42.167728

    Nearby Similar for Sale

    • $525,000

      Well-Kept Five-Unit Multifamily Property

      Updated five-unit property near amenities, offering income and growth potential.
      4014 School St, Palmer, MA 01079
      View Details
    • $323,000

      Well-Maintained Two-Family in Palmer

      Two-family property with rental income potential and flexible living arrangements.
      3121-3123 Main St, Palmer, MA 01069
      View Details
    • $454,900

      Renovated Duplex in Three Rivers

      Completely renovated duplex with modern amenities and potential for ADU.
      10-12 Belchertown St, Three Rivers, MA 01080
      View Details
    • $325,000

      Impeccably Maintained Two-Family Home

      Spacious two-family home with modern comforts and ample parking.
      1018-1020 Maple St, Palmer, MA 01069
      View Details
    • $1,000,000
      9,900 SF

      Shallow-Bay Industrial Building on 8+ Acres

      9,900 SF industrial building on 8.26 acres near I-90.
      8 Chamber Rd, Palmer, MA
      View Details
    • $799,900

      Downtown Palmer Mixed-Use Building

      Mixed-use building in growing downtown Palmer with retail and office.
      1428-1434 Main St, Palmer, MA 01069
      View Details
    • $299,000
      3,587 SF

      Mixed-Use Property with Hair Salon

      Mixed-use property featuring a hair salon and two-bedroom apartment.
      2166 Main St, Three Rivers, MA 01069
      View Details
    • $299,000

      Mixed-Use Property with Hair Salon

      Mixed-use property featuring a hair salon and two-bedroom apartment.
      2166-2168 Main St, Palmer, MA 01080
      View Details
    • $450,000

      Equestrian Farm with Spacious Barn

      5-acre farm featuring a barn for 12-15 horses.
      3090 Palmer St, Palmer, MA 01069
      View Details
    • $279,900

      Fully Occupied Two-Family Property

      Two-family property with separate utilities and convenient location.
      3145-3147 High St, Palmer, MA 01069
      View Details
    • $375,000

      8,100 SF Building For Sale

      8,100 SF building on an acre of land.
      2019 Bridge St, Palmer, MA 01080
      View Details
    • $900,000

      Versatile Space with Development Potential

      Large space featuring bays, offices, and development potential.
      4 Shearer St, Palmer, MA 01069
      View Details

    FAQs

    What type of property is this?
    Land - 0.22-acre lot with utilities, buyer to verify potential uses.
    Where is this land located?
    The property is located at 65-35-1 Pine Hill Dr Palmer, MA.
    What is the asking price?
    The asking price for this property is $15,000.
    What are key features of this property?
    This property features: - Borders 150 acres of land; - 0.22-acre in-town lot; - Access to public water
    (413) 596-8500
    Request Owner's contact information
    65-35-1 Pine Hill Dr Palmer, MA 01069
    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.
    65-35-1 Pine Hill Dr
    Palmer, MA 01069
    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
    65-35-1 Pine Hill Dr Palmer, MA 01069
    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
    Brenda Binczewski
    (413) 596-8500
    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.