Flex Space with Outdoor
New
For Sale
$384,900
9 Keeler, Pittsfield, MA 01201
An office and loading area complement the open work space, with I-L zoning and room for exterior storage.
Property Size3,750 SF
Lot Size0.75 Acres
Price / SF$102.64
Days on Market5
Property Features for 9 Keeler
General Information
Standard status
Active
Size
3,750 SF
Lot size
0.75 Acres
Property subtype
Commercial
Zoning
I-L
Additional Details
Outdoor Storage
Yes
Building Details
Year Built
1977
Buildings
1
Building Size
3,750 SF
Construction
pre-engineered metal
Listing Agency:
Lamacchia Realty,Inc. - Dalton
Listed By:
Marc Bellora · License #9581950
(413) 418-6415
Source:
Altonwestall
Added: Oct 18
Changed: Oct 21
Last Checked: Oct 20 at 10:22PM
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
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Investment Insights
Based on property information with market context.
This 1977 pre-engineered metal flex building contains 3,750 square feet on approximately 0.75 acres. The interior includes an open warehouse and workshop area, office space, an overhead door, and a loading area. On-site space accommodates parking and outdoor storage of equipment, vehicles, and materials.
Located in Pittsfield, the property is zoned Light Industrial (I-L). Commercial and light industrial uses are subject to municipal approval.
Located in Pittsfield, the property is zoned Light Industrial (I-L). Commercial and light industrial uses are subject to municipal approval.
Key Highlights
- 3,750 SF pre‑engineered metal building, built in 1977
- Approximately 0.75 acres with space for parking and outdoor storage
- Open warehouse/workshop area, office, overhead door, and loading area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,306
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$526,120
$526.1K
Cap Rate 7%
$375,800
$375.8K
Cap Rate 9%
$292,289
$292.3K
Market Conditions
NOI Build-Up for 3,750 SF
Gross rent
$33.8K $9.00/SF
− Vacancy
−$2.8K −$0.75/SF
EGI
$30.9K $8.25/SF
− OpEx
−$4.6K −$1.24/SF
NOI
$26.3K $7.02/SF
Area
Berkshire County, MA
Vacancy
8.30%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$526,120
Cap Rate 7%
$375,800
Cap Rate 9%
$292,289
Alternative Uses
Best Use
Flex RnD
$839.9K
$734.9K – $979.9K
NOI $58,793 @ 7.0% cap · market cap 15.27%
Second Best
Warehouse
$375.8K
$328.8K – $438.4K
NOI $26,306 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$1.10M
$960.8K – $1.28M
NOI $76,860 @ 7.0% cap · market cap 19.97%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
94
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01201, MA
45,494
Population
22,566
Households
2
Avg Household Size
44
Median Age
34%
College-Educated
93%
High-School Grad
60.4 sq mi
ZIP Area
753
Density / Sq Mi
$68,879
Median Household Income
$43,054
Median Earnings
$1,098
Median Rent
$236,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - An office and loading area complement the open work space, with I-L zoning and room for exterior storage.
Where is this flex space located?
The property is located at 9 Keeler Pittsfield, MA.
What is the asking price?
The asking price for this property is $384,900.
What are key features of this property?
This property features: 3,750 SF pre‑engineered metal building, built in 1977; Approximately 0.75 acres with space for parking and outdoor storage; Open warehouse/workshop area, office, overhead door, and loading area
