Laboratory and Light Manufacturing
For Sale
$1,999,000
665 Amherst Rd, Sunderland, MA 01375
Purpose-built lab and light manufacturing space with wet lab areas, high-bay manufacturing, and dedicated hazardous storage and disposal.
Property Size10,600 SF
Price / SF$188.58
Days on Market150
Property Features for 665 Amherst Rd
General Information
Standard status
Active
Size
10,600 SF
Property subtype
Commercial
Zoning
C+I,C-1
Taxes and HOA fees
Annual Taxes
$10,145
Building Details
Building Size
10,600 SF
Year Built
1984
Listing Agency:
William Raveis R.E. & Home Services
(413) 549-3700
Listed By:
Heather Ferrari Homes Team
(917) 609-5557
Source:
Churchillprop
Added: Jun 4
Changed: Oct 25
Last Checked: Oct 30 at 11:36AM
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 William Raveis R.E. & Home Services
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Investment Insights
Based on property information with market context.
This purpose-built R&D and light manufacturing facility offers more than 10,000 square feet of chemical laboratory and production space on nearly two acres. The building includes approximately 6,000 square feet of wet lab space, about 1,500 square feet of high-bay manufacturing space, and support areas such as a precision instrument room and library, along with multiple conference rooms and office and cubicle work spaces.
The property was built to NFPA 45 and OSHA standards, with firewall/firebreak separation between lab and office areas. It also includes fresh air ventilation, five fume hood workstations, segregated hazardous chemical storage and disposal facilities, and dedicated wastewater collection with loading dock capabilities.
The layout is described as flexible for multi-tenant occupancy and is identified as zoned for R&D and light manufacturing. Lab supplies and equipment, including precision instrumentation and glassware, can be included in the offering.
The property was built to NFPA 45 and OSHA standards, with firewall/firebreak separation between lab and office areas. It also includes fresh air ventilation, five fume hood workstations, segregated hazardous chemical storage and disposal facilities, and dedicated wastewater collection with loading dock capabilities.
The layout is described as flexible for multi-tenant occupancy and is identified as zoned for R&D and light manufacturing. Lab supplies and equipment, including precision instrumentation and glassware, can be included in the offering.
Key Highlights
- Purpose‑built chemical R&D/life sciences laboratory and light manufacturing facility (Year built: 1984)
- Approximately 10,000+ SF on nearly 2 acres, including about 6,000 SF wet lab space and 1,500 SF high‑bay manufacturing space
- Includes 5 fume hood workstations, precision instrument room, library, multiple conference rooms, and office/cubicle work areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,558
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,311,160
$1.3M
Cap Rate 7%
$936,543
$936.5K
Cap Rate 9%
$728,422
$728.4K
Market Conditions
NOI Build-Up for 10,600 SF
Gross rent
$100.5K $9.48/SF
− Vacancy
−$6.8K −$0.64/SF
EGI
$93.7K $8.84/SF
− OpEx
−$28.1K −$2.65/SF
NOI
$65.6K $6.18/SF
Area
Franklin County, MA
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,311,160
Cap Rate 7%
$936,543
Cap Rate 9%
$728,422
Alternative Uses
Best Use
Industrial
$936.5K
$819.5K – $1.09M
NOI $65,558 @ 7.0% cap · market cap 3.28%
Second Best
Flex RnD
$751.8K
$657.8K – $877.1K
NOI $52,626 @ 7.0% cap · market cap 2.63%
Theoretical Best
Healthcare Medical
$4.40M
$3.85M – $5.13M
NOI $307,686 @ 7.0% cap · market cap 15.39%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
42
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 01375, MA
3,639
Population
1,930
Households
1.9
Avg Household Size
35
Median Age
61%
College-Educated
96%
High-School Grad
14.1 sq mi
ZIP Area
258
Density / Sq Mi
$61,442
Median Household Income
$35,596
Median Earnings
$1,613
Median Rent
$391,200
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Purpose-built lab and light manufacturing space with wet lab areas, high-bay manufacturing, and dedicated hazardous storage and disposal.
Where is this flex space located?
The property is located at 665 Amherst Rd Sunderland, MA.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Purpose‑built chemical R&D/life sciences laboratory and light manufacturing facility (Year built: 1984); Approximately 10,000+ SF on nearly 2 acres, including about 6,000 SF wet lab space and 1,500 SF high‑bay manufacturing space; Includes 5 fume hood workstations, precision instrument room, library, multiple conference rooms, and office/cubicle work areas
