Retail
New
For Sale
Contact for pricing
322 Walnut Street Ext, Agawam, MA 01001
A compact storefront in a strip mall includes parking.
Property Size180 SF
Price / SF$2.78
Days on Market4
Property Features for 322 Walnut Street Ext
General Information
Standard status
Active
Size
180 SF
Property subtype
Commercial
Amenities
parking
Building Details
Year Built
1983
Listing Agency:
First Place Realty
(413) 734-4300
Listed By:
Stephen Byrne
(413) 537-3518
Source:
Lockandkeyre
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 1 at 3:06PM
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 First Place Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space comprises 180 square feet within a strip mall, with parking available. The building was constructed in 1983 and is located at 322 Walnut Street Ext in Agawam, Massachusetts.
Key Highlights
- 180‑square‑foot retail space
- Located in a strip mall
- Parking available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,957
Suggested Prices Based on Cap Rates
Cap Rate 5%
$59,140
$59.1K
Cap Rate 7%
$42,243
$42.2K
Cap Rate 9%
$32,856
$32.9K
Market Conditions
NOI Build-Up for 180 SF
Gross rent
$4.3K $24.00/SF
− Vacancy
−$95 −$0.53/SF
EGI
$4.2K $23.47/SF
− OpEx
−$1.3K −$7.04/SF
NOI
$3.0K $16.43/SF
Area
Hampden County, MA
Vacancy
2.20%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$59,140
Cap Rate 7%
$42,243
Cap Rate 9%
$32,856
Alternative Uses
Best Use
Retail
$42.2K
$37.0K – $49.3K
NOI $2,957 @ 7.0% cap · market cap 591.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$110.9K
$97.1K – $129.4K
NOI $7,766 @ 7.0% cap · market cap 1,553.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
745
Businesses Nearby
54k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Home Improvements & Furnishings 29%
Dining 26%
Rocky's Ace Hardware
Home Improvements & Furnishings
15,675 visits/mo
0.0 miles
Starbucks
Dining
12,039 visits/mo
0.1 miles
Dollar General
Shops & Services
9,629 visits/mo
0.1 miles
TD Bank
Shops & Services
5,654 visits/mo
0.1 miles
Dollar Tree
Shops & Services
5,034 visits/mo
0.1 miles
Demographics for 01001, MA
16,984
Population
7,033
Households
2.4
Avg Household Size
46
Median Age
36%
College-Educated
92%
High-School Grad
11.3 sq mi
ZIP Area
1,503
Density / Sq Mi
$71,924
Median Household Income
$54,266
Median Earnings
$1,305
Median Rent
$270,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - A compact storefront in a strip mall includes parking.
Where is this retail space located?
The property is located at 322 Walnut Street Ext Agawam, MA.
What are key features of this property?
This property features: 180‑square‑foot retail space; Located in a strip mall; Parking available
