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High-Ceiling Industrial Warehouse
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38 Haywood Street, Greenfield, MA 01301

Steel-frame warehouse offers loading infrastructure, paved fenced yard, and flexible space for single or multi-tenant use.

Property Size40,478 SF
Lot Size2.01 Acres
Price / SF$0.00
Days on Market215

Property Features for 38 Haywood Street

General Information

Standard status Active
Size 40,478 SF
Lot size 2.01 Acres
Property subtype Commercial

Site & Location

Fenced Yard Yes
Outdoor Storage Yes
Utilities to Site Yes

Amenities

loading infrastructure
paved yard areas
fencing
municipal water
municipal sewer
municipal gas

Building Details

Year Built 1900
Construction steel-frame
Listing Agency: SR Commercial Realty
Listed By: Jeremy Casey · License #9585695
Source: Cbcommunityrealtors
Added: Mar 20 Changed: Oct 19 Last Checked: Oct 19 at 9:19AM

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

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Investment Insights

Based on property information with market context.

Industrial warehouse for sale or lease with multi-tenant potential, totaling 40,478 SF on 2.01 acres. The facility is a high-ceiling, steel-frame building and includes loading infrastructure, paved yard areas, and fencing. Municipal water, sewer, and gas are available, supporting operational flexibility.

The warehouse layout is designed to accommodate either single-tenant occupancy or multi-tenant use, with divisible suites ranging from approximately 2,000 to 15,000 SF. A larger contiguous area of 15,000+ SF is also available, supporting different occupancy configurations within the same industrial property. The property is located at 38 Haywood St, Greenfield, MA.

Key Highlights

  • 40,478 SF high‑ceiling steel‑frame industrial warehouse on 2.01 acres
  • Loading infrastructure plus paved yard areas and fencing
  • Flexible layout for single‑tenant or multi‑tenant occupancy

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$303,992
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,079,840 $6.1M
Cap Rate 7%
$4,342,743 $4.3M
Cap Rate 9%
$3,377,689 $3.4M
Market Conditions
NOI Build-Up for 40,478 SF
Gross rent
$383.7K $9.48/SF
− Vacancy
−$26.1K −$0.64/SF
EGI
$357.6K $8.84/SF
− OpEx
−$53.6K −$1.33/SF
NOI
$304.0K $7.51/SF
Area
Franklin County, MA
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,079,840
Cap Rate 7%
$4,342,743
Cap Rate 9%
$3,377,689

Alternative Uses

Best Use
Warehouse
$4.34M
$3.80M – $5.07M (±1% cap)
NOI $303,992 @ 7.0% cap · market cap 3,377,688.89%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$16.79M
$14.69M – $19.58M (±1% cap)
NOI $1,174,953 @ 7.0% cap · market cap 13,055,033.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Aromatic Fillers Industrial Manufacturer

Suggested Use

Top Pick HVAC Service Computer & Electronic Repair Storage Facility Carpet & Flooring Store Daycare Center Locksmith

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
Fenced yard
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

830
Businesses Nearby
Under-served
Demand for This Use

Demographics for 01301, MA

18,042
Population
8,761
Households
2.1
Avg Household Size
45
Median Age
38%
College-Educated
92%
High-School Grad
25.3 sq mi
ZIP Area
713
Density / Sq Mi
$54,347
Median Household Income
$37,630
Median Earnings
$1,098
Median Rent
$253,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Warehouse - Steel-frame warehouse offers loading infrastructure, paved fenced yard, and flexible space for single or multi-tenant use.
Where is this warehouse located?
The property is located at 38 Haywood Street Greenfield, MA.
What are key features of this property?
This property features: 40,478 SF high‑ceiling steel‑frame industrial warehouse on 2.01 acres; Loading infrastructure plus paved yard areas and fencing; Flexible layout for single‑tenant or multi‑tenant occupancy
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