Building Details

Year Built 1984

Listing Agency: Lamacchia Realty,Inc. - Dalton

Listed By: Douglas Collins Show Phone

Source: Barnbrookrealty

Added: Apr 20 Changed: Aug 25 Last Checked: Aug 26 at 9:56AM

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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 Lamacchia Realty,Inc. - Dalton

Investment Insights

Based on property information with market context.

This flex warehouse property offers approximately 1,659 square feet of functional space, previously operated by a plumbing and heating contractor. The layout includes an office area designed for administrative use, along with a spacious garage configured with two overhead doors for equipment storage and operational needs.

The property is located at 6 Beechwood Lane in Cummington, MA, and is described as being in a convenient area. The existing configuration can support a range of business uses or be adapted to fit a tenant’s or owner’s requirements.

With office space and a two-door garage layout, the property provides a practical setup for businesses that need both work space and controlled administrative functions in one building.

Key Highlights

• Commercial property built in 1984 in Cummington, MA at 6 Beechwood Lane
• Approximately 1,659 sq ft of functional space with an office area and garage
• Garage includes two overhead doors for equipment storage and operations

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).

NOI / Yr

$16,026

Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.

Cap Rate

9.16%

Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

Cap Rate 5%

$320,520 $320.5K

Cap Rate 7%

$228,943 $228.9K

Cap Rate 9%

$178,067 $178.1K

Market Conditions

NOI Build-Up for 1,659 SF 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.

Gross rent

$24.9K $15.00/SF

− Vacancy

−$2.0K −$1.20/SF

EGI

$22.9K $13.80/SF

− OpEx

−$6.9K −$4.14/SF

NOI

$16.0K $9.66/SF

Area

Hampshire County, MA

Vacancy

8.00%

Lease Rate

$15.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

Cap Rate 5%

$320,520

Cap Rate 7%

$228,943

Cap Rate 9%

$178,067

Alternative Uses

Best Use

Flex RnD

$873.6K

$764.4K – $1.02M (±1% cap)

NOI $61,152 @ 7.0% cap · market cap 34.96%

Second Best

Warehouse

$297.4K

$260.2K – $347.0K (±1% cap)

NOI $20,818 @ 7.0% cap · market cap 11.90%

Theoretical Best

Office A

$1.01M

$884.0K – $1.18M (±1% cap)

NOI $70,721 @ 7.0% cap · market cap 40.44%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Plumbing Service Garden Center Kitchen & Bath Showroom Accounting Firm Discount 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

2

Drive-in doors

Location Intelligence

Trade Area within ½ mile

5

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 01026, MA

1,011

Population

590

Households

1.7

Avg Household Size

52

Median Age

54%

College-Educated

96%

High-School Grad

28.1 sq mi

ZIP Area

36

Density / Sq Mi

$98,438

Median Household Income

$44,375

Median Earnings

$1,023

Median Rent

$283,600

Median Home Value

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Flex space - Versatile flex warehouse includes office space and a garage with two overhead doors.

Where is this flex space located?

The property is located at 6 Beechwood Cummington, MA.

What is the asking price?

The asking price for this property is $174,900.

What are key features of this property?

This property features: Commercial property built in 1984 in Cummington, MA at 6 Beechwood Lane; Approximately 1,659 sq ft of functional space with an office area and garage; Garage includes two overhead doors for equipment storage and operations