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    244 Shaker Rd East Longmeadow, MA 01028

    Sponsored
    For Sale
    $545,000

    3.09 Acres, Prime Location, $545,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.09-acre commercial land parcel presents a remarkable development opportunity in East Longmeadow, Massachusetts. Strategically situated at a signalized intersection on Route 220, this property boasts high visibility and accessibility from two major commuter routes, ensuring significant traffic exposure. The Multi-Business A zoning permits a diverse range of uses, including retail, office, medical office, and food establishments, making it ideal for a variety of businesses seeking a prominent location. The site's excellent location provides easy access to surrounding affluent communities, offering a strong potential customer base. This prime location offers the advantage of high traffic counts and excellent visibility for any business. The property is situated at 244 Shaker Rd, East Longmeadow, MA 01028, in Hampden County. A ground lease option is also available for consideration. The asking price for this exceptional development opportunity is $545,000. Don't miss this chance to secure a highly visible and accessible location for your next venture.

    Property Features for 244 Shaker Rd

    General Information

    Property type
    Land
    Lot Size
    134,600 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    East Longmeadow
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.51842
    Latitude
    42.0528

    Nearby Comparable

    • Contact for pricing

      3.09 Acre Development Opportunity

      3.09 acre site suitable for retail, office, or medical.
      244 Shaker Rd, East Longmeadow, MA 01028
      View Details
    • $799,000
      25,395 SF

      Land Lease Opportunity

      Land available for lease in high-traffic location.
      215 Shaker Rd, East Longmeadow, MA 01028
      View Details
    • $424,900

      East Longmeadow Two-Family Home

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      Spacious Commercial Condominium For Sale

      3082 SF commercial condominium in well-maintained professional building.
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      Undeveloped Land Parcel For Sale

      Undeveloped land parcel with potential for multiple lots.
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      East Longmeadow Business Zoned Property

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      Well-Kept Two-Family Home

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      Enfield Chinese Restaurant Business

      Established eatery, seller financing available.
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    • $399,999

      Spacious Two-Family Home Opportunity

      Two 3-bedroom units, updated, with garage and ample parking.
      114 Sylvan St, Springfield, MA 01108
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    Nearby Similar for Sale

    • $424,900

      East Longmeadow Two-Family Home

      Two-family home with potential for expansion or investment.
      91-95 Elm St, East Longmeadow, MA 01028
      View Details
    • $225,000
      3,082 SF

      Spacious Commercial Condominium For Sale

      3082 SF commercial condominium in well-maintained professional building.
      264 N Main St, East Longmeadow, MA 01028
      View Details

    FAQs

    What type of property is this?
    Land - 3.09 Acres, Prime Location, $545,000
    Where is this land located?
    The property is located at 244 Shaker Rd East Longmeadow, MA.
    What is the asking price?
    The asking price for this property is $545,000.
    (413) 731-7770
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    244 Shaker Rd East Longmeadow, MA 01028
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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
    244 Shaker Rd East Longmeadow, MA 01028
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