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    272 Russell St Hadley, MA 01035

    Sponsored
    For Lease
    Contact for pricing

    Prime 1-acre pad site, Hadley retail strip.

    Lot size:
    43,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 43,560 square foot commercial land parcel presents a unique investment opportunity in Hadley's thriving retail corridor. Located on Russell Street, this single-tenant site benefits from excellent visibility and accessibility, featuring signal light access via a Lowe's easement. The property is situated within a robust retail environment boasting over 1.4 million square feet of retail space, anchored by major national brands such as Target, Dick's Sporting Goods, Barnes & Noble, Home Depot, Staples, and Cinemark. The area also enjoys a diverse selection of grocery stores including Whole Foods, Trader Joe's, Aldi's, Stop & Shop, Big Y, Target, and Walmart, ensuring high foot traffic and consumer density. Further enhancing the location's appeal is a strong presence of restaurants like Chili's, Applebee's, Arizona Pizza, Chipotle, Panera Bread, Hot Table, Starbucks, McDonald's, and Taco Bell. The site's proximity to 400,000 square feet of Class A office space at Hadley University Park, U.S. Fish & Wildlife, and McKesson, as well as 550 hotel rooms across various brands, contributes to a substantial daytime population. The presence of the Five College Consortium (UMASS Amherst, Amherst College, Hampshire College, Mount Holyoke College, and Smith College), with its combined 36,600 students and 2,400 faculty members, provides a large and consistent consumer base. This prime location offers unparalleled potential for a variety of commercial developments.

    Property Features for 272 Russell St

    General Information

    Property type
    Strip malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,560 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    43,560 SF

    HighLights

    • 1 Acre commercial land pad site available for ground lease.
    • Signalized access via Lowe's easement.
    • High‑traffic location within a 1.4M SF retail center anchored by Target, Dick's, Home Depot, and others.
    • Strong surrounding demographics including numerous restaurants, grocery stores, hotels, and proximity to a major university.
    Property Profile Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hadley
    County
    Hampshire
    State
    Massachusetts
    Longitude
    -72.566277
    Latitude
    42.350955

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    FAQs

    What type of property is this?
    Strip mall - Prime 1-acre pad site, Hadley retail strip.
    Where is this strip mall located?
    The property is located at 272 Russell St Hadley, MA.
    What are key features of this property?
    This property features: 1 Acre commercial land pad site available for ground lease.; Signalized access via Lowe's easement.; High-traffic location within a 1.4M SF retail center anchored by Target, Dick's, Home Depot, and others.
    Request Owner's contact information
    272 Russell St Hadley, MA 01035
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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

    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.

    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
    272 Russell St Hadley, MA 01035
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