376 College Hwy, Southampton, MA 01073

Building Details

Year Built 1920 More

Buildings 1 More

Building Size 3,965 SF More

Listing Agency: Berkshire Hathaway HomeServices Realty Professionals Show Phone

Listed By: Chester Ardolino · License MA #906177 Show Phone

Source: Lockandkeyre

Added: Nov 9 Changed: Nov 12 Last Checked: Nov 12 at 2:12PM

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Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

The 3,965-square-foot office property at 376 College Hwy includes reception and waiting areas, multiple private offices, a conference room, kitchen space, restrooms, and a deck. The building dates to 1920 and has handicap-accessible features, with 25 parking spaces on site.

Located on College Highway (Route 10) in Southampton, the property is described as minutes from Northampton and near Interstate 91 and the Massachusetts Turnpike.

Key Highlights

• 3,965‑square‑foot office building
• Reception, waiting area, private offices, conference room, kitchen space, restrooms, and deck
• 25 on‑site parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$124,476

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,489,520 $2.5M

Cap Rate 7%

$1,778,229 $1.8M

Cap Rate 9%

$1,383,067 $1.4M

What to ask about pricing

Market Conditions

NOI Build-Up for 3,965 SF

Gross rent

$203.6K $51.36/SF

− Vacancy

−$37.7K −$9.50/SF

EGI

$166.0K $41.86/SF

− OpEx

−$41.5K −$10.46/SF

NOI

$124.5K $31.39/SF

Area

Hampshire County, MA

Vacancy

18.50%

Lease Rate

$51.36 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,489,520

Cap Rate 7%

$1,778,229

Cap Rate 9%

$1,383,067

Alternative Uses

Best Use

Healthcare Medical

$1.93M

$1.69M – $2.25M (±1% cap)

NOI $134,911 @ 7.0% cap

Second Best

Office B

$1.78M

$1.56M – $2.07M (±1% cap)

NOI $124,476 @ 7.0% cap

Theoretical Best

Office A

$2.41M

$2.11M – $2.82M (±1% cap)

NOI $169,023 @ 7.0% cap

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

Kent Brothers Excavating General Contractor Aircraft Component Design ... Freight Service

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Kitchen & Bath Showroom HVAC Service Pet Grooming Service Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

20

Businesses Nearby

Explore this area Business Placement

Demographics for 01073, MA

6,224

Population

2,552

Households

2.4

Avg Household Size

47

Median Age

41%

College-Educated

97%

High-School Grad

28.2 sq mi

ZIP Area

221

Density / Sq Mi

$125,534

Median Household Income

$54,295

Median Earnings

$741

Median Rent

$426,900

Median Home Value

Market

Average Price Trend$/SF for Office Units in Hampshire County, MA

$65.06 Jul

$34.71 Aug

$51.05 Sep

$49.55 Oct

Properties on Market for Office Units in Hampshire County

Jul

Aug

Sep

Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

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Frequently Asked Questions

What type of property is this?

Office unit - The interior includes reception, conference, waiting, kitchen, and private office areas, with accessible entry and on-site parking.

Where is this office unit located?

The property is located at 376 College Hwy Southampton, MA.

What are key features of this property?

This property features: 3,965‑square‑foot office building; Reception, waiting area, private offices, conference room, kitchen space, restrooms, and deck; 25 on‑site parking spaces