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Flex Space with Garage Bays
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6 Ace Precision Way Unit DOUBLE, Agawam, MA 01001

Newly built commercial space offers private restrooms, dedicated electrical service, and shared guest parking.

Property Size2,400 SF
Price / SF$1.83
Days on Market7

Property Features for 6 Ace Precision Way Unit DOUBLE

General Information

Standard status Active
Size 2,400 SF
Total Parking Spaces 19
Property subtype Commercial

Site & Location

Highway Access Yes
Utilities to Site Yes

Amenities

15-foot garage doors
18-foot ceilings
private lavs
floor drain
mini-split heating and cooling

Building Details

Year Built 2026
Listing Agency: Coldwell Banker Realty - Western MA
Listed By: Angela M. Accorsi
Source: Lockandkeyre
Added: Oct 13 Changed: Oct 16 Last Checked: Oct 16 at 7:47AM

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 Coldwell Banker Realty - Western MA

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Investment Insights

Based on property information with market context.

Built in 2026, this flex property offers configurations of one 1,200-square-foot garage bay or two bays totaling 2,400 square feet. Each space has a 15-foot garage door, 18-foot ceiling, private lavatory, floor drain, separate 200-amp electrical service, and mini-split heating and cooling. Nineteen shared guest parking spaces serve the property.

The property is on Ace Precision Way in Agawam, minutes from I-91. The tenant pays for electricity; water, sewer, landscaping, snow removal, and general building maintenance are provided by the landlord. Leases require a minimum 12-month term. Proposed uses require landlord approval and must comply with town zoning and regulations. Residential occupancy is prohibited.

Key Highlights

  • One 1,200‑square‑foot bay or two bays totaling 2,400 square feet
  • 15‑foot garage doors and 18‑foot ceilings
  • Separate 200‑amp electrical service with mini‑split heating and cooling

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,818
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,360 $256.4K
Cap Rate 7%
$183,114 $183.1K
Cap Rate 9%
$142,422 $142.4K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$19.6K $8.16/SF
− Vacancy
−$1.3K −$0.53/SF
EGI
$18.3K $7.63/SF
− OpEx
−$5.5K −$2.29/SF
NOI
$12.8K $5.34/SF
Area
Hampden County, MA
Vacancy
6.50%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,360
Cap Rate 7%
$183,114
Cap Rate 9%
$142,422

Alternative Uses

Best Use
Flex RnD
$440.5K
$385.4K – $513.9K (±1% cap)
NOI $30,832 @ 7.0% cap · market cap 700.73%
Second Best
Warehouse
$222.3K
$194.6K – $259.4K (±1% cap)
NOI $15,564 @ 7.0% cap · market cap 353.73%
Theoretical Best
Office A
$1.48M
$1.29M – $1.73M (±1% cap)
NOI $103,542 @ 7.0% cap · market cap 2,353.23%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Dental Office Law Firm Restaurant Hair Salon Spa & Massage Center Big Box & Wholesale Store

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

307
Businesses Nearby
Under-served
Demand for This Use

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 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?
Flex space - Newly built commercial space offers private restrooms, dedicated electrical service, and shared guest parking.
Where is this flex space located?
The property is located at 6 Ace Precision Way Unit DOUBLE Agawam, MA.
What are key features of this property?
This property features: One 1,200‑square‑foot bay or two bays totaling 2,400 square feet; 15‑foot garage doors and 18‑foot ceilings; Separate 200‑amp electrical service with mini‑split heating and cooling
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