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    248 Old Lyman Rd South Hadley, MA 01075

    Sponsored
    For Lease
    $8 SF/Yr ($18,150 /Mo)

    Versatile 9,677 SF Flex Space Available

    Lot size:
    26,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9,677-square-foot industrial flex space is situated within a larger multi-tenant building at 248 Old Lyman Road, South Hadley, MA 01075. The property, known as The 250 Building, offers a blend of office and warehouse space, ideal for a variety of businesses. Built in 1972, this single-story building sits on 1.52 acres and boasts a total of 26,400 square feet, divided into five suites. The available unit features a dedicated loading dock and a convenient drive-in access, enhancing operational efficiency. Private offices are included, providing a professional workspace. The zoning is IA, allowing for a range of industrial uses. This prime location offers easy access to major transportation arteries, including the Massachusetts Turnpike (MA Pike), Route 33, and Route 202, providing seamless connectivity to Hampshire and Hampden Counties. The property is conveniently located off New Ludlow Road within South Hadley's established industrial park area. This is a rare opportunity to secure a well-appointed flex space in a highly desirable location. The building is comprised of one structure with a total of 26,400 square feet.

    Property Features for 248 Old Lyman Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,400 SF
    Total Rate
    18150

    Building Details

    Year Built
    1972
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    252
    Size
    9,677 SF
    Rate per SF
    $8

    HighLights

    • Excellent highway and industrial park access.
    • Features a loading dock.
    • Building is in excellent condition.
    • Convenient to Hampshire and Hampden County communities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Hadley
    County
    Hampshire
    State
    Massachusetts
    Longitude
    -72.5618619
    Latitude
    42.2167225

    Nearby Comparable

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    Nearby Similar for Lease

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    • $8 SF/Yr
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      Warehouse/Industrial Space Available For Rent

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    FAQs

    What type of property is this?
    Distribution property - Versatile 9,677 SF Flex Space Available
    Where is this distribution property located?
    The property is located at 248 Old Lyman Rd South Hadley, MA.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Excellent highway and industrial park access.; Features a loading dock.; Building is in excellent condition.
    Request Owner's contact information
    248 Old Lyman Rd South Hadley, MA 01075
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    248 Old Lyman Rd South Hadley, MA 01075
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