Corner Office
206-265 Benton Dr East Longmeadow, MA 01028
206-265 Benton Dr, East Longmeadow, MA, 01028
$300,000
For Sale
$300,000
Corner office unit with abundant natural light, soaring ceilings, and a flexible layout for professional or medical use.
Property Size1,976 SF
Price / SF$151.82
Days on Market29
Property Features for 206-265 Benton Dr
General Information
- Standard status
- Active
- Size
- 1,976 SF
Listing agency
J. Barrett & Company
(413) 537-2163
Listed by
Alexander Elia
(413) 537-2163
Source
Exprealty
Added: Jun 25 Updated: Jul 23 at 4:20AM Checked: Jul 23 at 4:20AM
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 J. Barrett & Company
Investment Insights
Based on property information with market context.
This 1,976-square-foot corner office condominium is located within a professional office development in East Longmeadow. The unit is positioned for strong natural light, features soaring ceilings, and includes a flexible layout intended to support a variety of professional or medical uses.
The property is described as an office condominium within the development, offering the ability to customize the interior to align with specific needs. As a corner unit, it benefits from its positioning within the building.
For buyers seeking a professional workspace that can be tailored to their operations, this condominium provides a versatile foundation with high ceilings and an adaptable floor plan.
The property is described as an office condominium within the development, offering the ability to customize the interior to align with specific needs. As a corner unit, it benefits from its positioning within the building.
For buyers seeking a professional workspace that can be tailored to their operations, this condominium provides a versatile foundation with high ceilings and an adaptable floor plan.
Key Highlights
- 1,976 SF corner office condominium in a professional office development
- Abundant natural light with corner positioning
- Soaring ceilings
Local Financial Insights For Healthcare Medical
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 | $49.8k | $25.20 |
| − Vacancy | −$5.2k | −$2.62 |
| EGI | $44.6k | $22.58 |
| − OpEx | −$17.8k | −$9.03 |
| NOI | $26.8k | $13.55 |
1,976 SF · lease $25.20/SF/yr · vacancy 10.40% · expense 40.00%
Alternative Uses
Best Use
Office B
$895.7K
$783.7K – $1.04M
NOI $62,699 @ 7.0% cap · market cap 20.90%
Second Best
Healthcare Medical
$382.4K
$334.6K – $446.2K
NOI $26,770 @ 7.0% cap · market cap 8.92%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,249 @ 7.0% cap · market cap 28.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Corner office unit with abundant natural light, soaring ceilings, and a flexible layout for professional or medical use.
Where is this office units located?
The property is located at 206-265 Benton Dr East Longmeadow, MA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,976 SF corner office condominium in a professional office development; Abundant natural light with corner positioning; Soaring ceilings
