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    21A Wilbraham St Palmer, MA 01069

    Sponsored
    For Lease
    $6 SF/Yr

    High-bay warehouse space, Western MA

    Lot size:
    138,205 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property, located at 21A Wilbraham Street in Palmer, Massachusetts (01069), offers up to 70,000 square feet of warehouse space within a larger 138,205 square foot building. Situated on a 5.98-acre lot in the Western Mass submarket, this Class B building boasts a single story with an 18-foot ceiling height. Built in 1956 and renovated in 2012, the property features three loading docks, one drive-in door, and ample parking. The minimum divisible space is 50,000 square feet, with a maximum contiguous space of 70,000 square feet currently available. The property is zoned IA and benefits from convenient access to Route 20 and is just 1.5 miles from the Massachusetts Turnpike, providing easy connectivity between Boston and Albany. A gross lease of $6.50 per square foot is offered, encompassing all operating expenses, real estate taxes, and utilities. A new 16-foot overhead door is available. This property presents a significant opportunity for businesses seeking efficient and well-located warehouse space in Western Massachusetts. The property tax rate is $0.19 per square foot.

    Property Features for 21A Wilbraham St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    138,205 SF
    Class
    B
    Total Rate
    74861.04

    Building Details

    Year Built/Renovated
    1956/2012
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    70,000 SF
    Rate per SF
    $6

    HighLights

    • 70,000 SF warehouse space available in a 138,205 SF building at 21A Wilbraham Street, Palmer, MA.
    • 5.98‑acre lot in Western MA, Class B building, single‑story, 18' ceiling height.
    • Three loading docks, one drive‑in door, ample parking.
    • Minimum 50,000 SF divisible, up to 70,000 SF contiguous space available.
    • IA zoning, close to Route 20 and 1.5 miles from the Mass Turnpike.
    • $6.50/SF gross lease (includes all operating expenses, taxes, and utilities).
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Palmer
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.347880177627
    Latitude
    42.161908145626

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    FAQs

    What type of property is this?
    Distribution property - High-bay warehouse space, Western MA
    Where is this distribution property located?
    The property is located at 21A Wilbraham St Palmer, MA.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 70,000 SF warehouse space available in a 138,205 SF building at 21A Wilbraham Street, Palmer, MA.; 5.98-acre lot in Western MA, Class B building, single-story, 18' ceiling height.; Three loading docks, one drive-in door, ample parking.
    Request Owner's contact information
    21A Wilbraham St Palmer, MA 01069
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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
    21A Wilbraham St Palmer, MA 01069
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