Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11 Berkshire St Holyoke, MA 01040

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $4 SF/Yr

    300,000 SF Manufacturing/Warehouse Space

    Lot size:
    300,000 SF

    Property Features for 11 Berkshire St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    300,000 SF
    Total Rate
    112500

    Spaces For Lease

    at 11 Berkshire St, Holyoke, MA 01040 Contact us
    Unit Ground Floor

    $4 /Mo

    Size
    54,000 SF
    Contact us

    We can help!

    Listing Contact
    Brendan Greeley

    Listing Agency: R.J. Greeley Company, Inc. Listing Agent: Brendan Greeley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional Holyoke, MA industrial property, located at 11 Berkshire Street, offers 300,000 square feet of versatile manufacturing and warehouse space. The building is comprised of three suites, with a minimum divisible space of 64,000 square feet and a maximum contiguous space of 64,000 square feet. Currently, 137,000 square feet is available for lease. The property features 11-foot ceilings and boasts convenient access to transportation infrastructure. Two floors offer dedicated loading dock access, enhancing operational efficiency. Situated just 0.1 miles from I-391, this location provides excellent access to major transportation routes. Further enhancing its appeal, the property includes 100 feet of rail siding along an active Pioneer Valley Road rail spur. Utilities are supplied by Holyoke Gas and Electric, known for its competitive rates within Massachusetts. This property is ideally suited for a variety of industrial and warehousing operations. The building's size and features make it an attractive option for businesses seeking significant space and convenient access to transportation networks. Contact us today to learn more about this prime industrial opportunity in Hampden County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sulco Warehouse Warehouse & Storage

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Holyoke
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.6155789
    Latitude
    42.1933538

    Nearby Similar for Lease

    • Contact for pricing
      4,280 SF

      Class A Office Space Available

      Executive office park with flexible floor plans and highway access.
      330 Whitney Ave, Holyoke, MA 01040
      View Details
    • Contact for pricing
      113,700 SF

      Holyoke Industrial Facility for Lease

      113,700 SF industrial facility on 9.77 acres for lease.
      111 Mosher St, Holyoke, MA 01040
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space in Holyoke Center

      Retail space available in a busy Holyoke shopping center.
      2203-2295 Northampton St, Holyoke, MA 01040
      View Details
    • Contact for pricing
      10,612 SF

      Versatile Commercial Space Available

      Commercial space for lease in a desirable location.
      1594 Dwight St, Holyoke, MA 01040
      View Details
    • Contact for pricing
      2,000 SF

      Professional Office Space Available

      2,000 SF former medical office space for lease.
      15 Main St, Holyoke, MA 01040
      View Details
    • $1.00 SF/Yr

      Holyoke Mill Flex/Warehouse Spaces

      Versatile industrial and creative spaces in historic Holyoke mill.
      420 Dwight St, Holyoke, MA 01040
      View Details
    • Contact for pricing
      400 SF

      Holyoke Flex/Industrial Space Available

      Flex/industrial space available for rent in Holyoke, Massachusetts.
      68 Winter St, Holyoke, MA 01040
      View Details
    • Contact for pricing
      10,000 SF

      Holyoke Office Space For Rent

      10,000 square feet of office space available for lease.
      4 Open Square Way, Holyoke, MA 01040
      View Details
    • $10 SF/Yr
      17,990 SF

      Versatile Commercial Space in Holyoke

      Centrally located commercial building in downtown Holyoke with flexible lease terms.
      107 Lyman St, Holyoke, MA 01040
      View Details
    • $2,500 /Mo

      Holyoke Basement Retail Space Available

      4,000 SF basement space for creative vision in Holyoke.
      301 High St, Holyoke, MA 01040
      View Details
    • $18 SF/Yr
      3,750 SF

      Office Space in Holyoke, MA

      Office space for lease in Holyoke, Massachusetts.
      36-40 Bobala Rd, Holyoke, MA 01040
      View Details
    • $12 SF/Yr

      Holyoke Flex Space For Rent

      Flexible industrial, creative, and office spaces available for rent.
      81 Sargeant St, Holyoke, MA 01040
      View Details

    FAQs

    What type of property is this?
    Distribution property - 300,000 SF Manufacturing/Warehouse Space
    Where is this distribution property located?
    The property is located at 11 Berkshire St Holyoke, MA.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: 300,000 SF industrial building in Holyoke, MA with 137,000 SF currently available for lease.; Located 0.1 miles from I-391, 3 miles from I-90 and I-91.; 11' ceiling height.
    Request Owner's contact information
    11 Berkshire St Holyoke, MA 01040
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11 Berkshire St
    Holyoke, MA 01040
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    11 Berkshire St Holyoke, MA 01040
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Brendan Greeley
    Learn more
    Google sign-in failed. Please try again or use another login method.