Agawam Industrial Park
769 Silver St Agawam, MA 01001
769 Silver St, Agawam, MA, 01001
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For Sale
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17+ acre industrial park with retail, office, and warehouse space.
Property Size47,500 SF
Lot Size17.00 Acres
Price / SF$187.37
Days on Market1837
Property Features for 769 Silver St
General Information
- Standard status
- Active
- Size
- 47,500 SF
- Lot size
- 17.00 Acres
- Property subtype
- Retail, Industrial
Listing Agency
Park Square Realty's
(413) 789-9830
Listed by
Ted Cassell · License #MA 9016155
Source
Crexi
Added: Jul 10, 2021 Checked: Jul 20 at 5:23 am
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 Park Square Realty's
Investment Insights
Based on property information with market context.
This property presents an opportunity within an industrial park area, offering convenient highway access. The site encompasses over 17 acres and includes multiple outbuildings. Existing structures feature approximately 2500 square feet of retail space, over 4000 square feet of office, conference room, and kitchen space, and over 41,000 square feet of warehouse space. The total property size is 47,500 square feet. The parcel also provides ample room for expansion to accommodate future requirements. The property may be suitable for a marijuana dispensary or growing facility with retail and offices.
Key Highlights
- Over 41,000 Sq. Ft. of Warehouse Space
- 17 Plus Acre Parcel with Room for Expansion
- 2500 Sq. Ft. of Retail Space
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.14M | $24.00 |
| − Vacancy | −$25.1k | −$0.53 |
| EGI | $1.11M | $23.47 |
| − OpEx | −$334.5k | −$7.04 |
| NOI | $780.4k | $16.43 |
47,500 SF · lease $24.00/SF/yr · vacancy 2.20% · expense 30.00%
Alternative Uses
Best Use
Office B
$21.53M
$18.84M – $25.12M
NOI $1,507,194 @ 7.0% cap · market cap 16.93%
Second Best
Retail
$11.15M
$9.76M – $13.01M
NOI $780,444 @ 7.0% cap · market cap 8.77%
Theoretical Best
Office A
$29.28M
$25.62M – $34.15M
NOI $2,049,264 @ 7.0% cap · market cap 23.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
Similar Off Market Nearby
- Golden Storage — 444 Shoemaker Ln, Agawam, MA 01001
- Agawam Self Storage Center — 727 Silver St, Agawam, MA 01001
- Stick It Here Self Storage - Agawam — 32 Shoemaker Ln, Agawam, MA 01001
FAQs
What type of property is this?
Warehouse - 17+ acre industrial park with retail, office, and warehouse space.
Where is this warehouse located?
The property is located at 769 Silver St Agawam, MA.
What is the asking price?
The asking price for this property is $8,900,000.
What are key features of this property?
This property features: Over 41,000 Sq. Ft. of Warehouse Space; 17 Plus Acre Parcel with Room for Expansion; 2500 Sq. Ft. of Retail Space
