Versatile Retail and Industrial
253 Greenfield Rd Deerfield, MA 01373
For Sale
$1,652,000
15,816 SF commercial property on 3.7 acres for sale.
Property Size15,816 SF
Lot Size3.70 Acres
Price / SF$104.45
Days on Market93
Property Features for 253 Greenfield Rd
General Information
- Standard status
- Active
- Size
- 15,816 SF
- Lot size
- 3.70 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1965
Listing Agency:
SR Commercial Realty
(413) 459-9959
Listed By:
Jeremy Casey
(413) 459-9959
Source:
Liongatere
Added: Apr 25
Changed: Jul 10
Last Checked: Jul 26 at 4:16AM
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 SR Commercial Realty
Investment Insights
Based on property information with market context.
Located at 253 Greenfield Rd, South Deerfield, MA 01373, this commercial property offers a blend of retail and industrial functionality. Constructed in 1965, the well-maintained facility provides 15,816 square feet of versatile space on a 3.7-acre lot. Currently configured with a single retail unit, the property presents opportunities for various businesses. The interior includes 4 private offices, 4 half bathrooms, and a fully equipped kitchen. Accessibility is enhanced by 4 overhead doors, catering to industrial operations. The property also features 75 parking spaces for customers and staff.
Key Highlights
- 15,816 SF of versatile space for retail or industrial use
- Generous 3.7‑acre lot provides ample space and potential
- 75 parking spaces for convenient customer and staff access
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $149.9k | $9.48 |
| − Vacancy | −$10.2k | −$0.64 |
| EGI | $139.7k | $8.84 |
| − OpEx | −$21.0k | −$1.33 |
| NOI | $118.8k | $7.51 |
15,816 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Retail
$3.34M
$2.92M – $3.90M
NOI $233,877 @ 7.0% cap · market cap 14.16%
Second Best
Office B
$3.15M
$2.76M – $3.68M
NOI $220,633 @ 7.0% cap · market cap 13.36%
Theoretical Best
Healthcare Medical
$6.56M
$5.74M – $7.65M
NOI $459,090 @ 7.0% cap · market cap 27.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Mixed-use property - 15,816 SF commercial property on 3.7 acres for sale.
Where is this mixed-use property located?
The property is located at 253 Greenfield Rd Deerfield, MA.
What is the asking price?
The asking price for this property is $1,652,000.
What are key features of this property?
This property features: 15,816 SF of versatile space for retail or industrial use; Generous 3.7‑acre lot provides ample space and potential; 75 parking spaces for convenient customer and staff access
