Industrial Distribution
For Sale
$1,995,000
20 Maple, Great Barrington, MA 01230
Multi-structure warehouse complex with ample on-site parking on a 1.63-acre parcel zoned B2.
Property Size30,387 SF
Lot Size1.63 Acres
Price / SF$65.65
Days on Market67
Property Features for 20 Maple
General Information
Standard status
Active
Size
30,387 SF
Lot size
1.63 Acres
Property subtype
Commercial
Zoning
B2
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$9,850
Building Details
Year Built
1931
Listing Agency:
William Pitt Sotheby's International Realty
Listed By:
Steven Weisz · License #150149
(917) 670-6339
Source:
Classifiedrealtygroup
Added: Jul 1
Changed: Sep 4
Last Checked: Sep 5 at 4:45AM
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 William Pitt Sotheby's International Realty
Investment Insights
Based on property information with market context.
This industrial distribution property includes five separate structures totaling over 30,000 square feet, with individual building sizes listed at 13,233, 6,600, 4,000, 5,000, and 1,554 square feet. The site offers ample on-site parking. The property is being offered for sale with the option to use it as-is or create new structures on the existing 1.63-acre parcel.
The location is described as being in the heart of Great Barrington with an “ideal Route 23 location,” adjacent to the retail-commercial district and the CSX Freight Rail Line.
Utilities are listed as public water and sewer. The property is zoned B2.
The location is described as being in the heart of Great Barrington with an “ideal Route 23 location,” adjacent to the retail-commercial district and the CSX Freight Rail Line.
Utilities are listed as public water and sewer. The property is zoned B2.
Key Highlights
- 5‑structure commercial property totaling 30,000+ SF on a 1.63‑acre parcel in Great Barrington
- Year built: 1931; previously used by a major plumbing distribution and warehouse company
- Structure sizes include 13,233 SF, 6,600 SF, 4,000 SF, 5,000 SF, and 1,554 SF
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$166,526
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,330,520
$3.3M
Cap Rate 7%
$2,378,943
$2.4M
Cap Rate 9%
$1,850,289
$1.9M
Market Conditions
NOI Build-Up for 30,387 SF
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.
Gross rent
$255.3K $8.40/SF
− Vacancy
−$17.4K −$0.57/SF
EGI
$237.9K $7.83/SF
− OpEx
−$71.4K −$2.35/SF
NOI
$166.5K $5.48/SF
Area
Berkshire County, MA
Vacancy
6.80%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,330,520
Cap Rate 7%
$2,378,943
Cap Rate 9%
$1,850,289
Alternative Uses
Best Use
Warehouse
$3.05M
$2.66M – $3.55M
NOI $213,166 @ 7.0% cap · market cap 10.69%
Second Best
Industrial
$2.38M
$2.08M – $2.78M
NOI $166,526 @ 7.0% cap · market cap 8.35%
Theoretical Best
Office A
$8.90M
$7.79M – $10.38M
NOI $622,812 @ 7.0% cap · market cap 31.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Explore this area
Business Placement
Demographics for 01230, MA
8,907
Population
5,025
Households
1.8
Avg Household Size
52
Median Age
49%
College-Educated
95%
High-School Grad
97.0 sq mi
ZIP Area
92
Density / Sq Mi
$82,871
Median Household Income
$40,397
Median Earnings
$1,286
Median Rent
$479,200
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Distribution center - Multi-structure warehouse complex with ample on-site parking on a 1.63-acre parcel zoned B2.
Where is this distribution center located?
The property is located at 20 Maple Great Barrington, MA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 5‑structure commercial property totaling 30,000+ SF on a 1.63‑acre parcel in Great Barrington; Year built: 1931; previously used by a major plumbing distribution and warehouse company; Structure sizes include 13,233 SF, 6,600 SF, 4,000 SF, 5,000 SF, and 1,554 SF
