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    500 Main St Hampden, MA 01036

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    For Sale
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    0.51-Acre Vacant Commercial Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.51-acre commercial land parcel is ideally situated at 500 Main Street in Hampden, Massachusetts, zip code 01036. Located in Hampden County, this property presents a unique opportunity for developers and investors seeking a prime location for various commercial ventures. The lot is currently vacant, offering a clean slate for new construction or redevelopment. Its size provides ample space for a range of projects, from small-scale retail establishments to larger-scale commercial developments. The property's address, 500 Main Street, ensures high visibility and accessibility, benefiting from existing infrastructure and convenient access to major roadways. The geographic coordinates are 42.0628107 latitude and -72.4196785 longitude. This is a rare opportunity to acquire a sizable, vacant commercial lot in a desirable Massachusetts location. The property is being offered for sale and is ready for immediate development. Serious inquiries are encouraged to explore the potential of this valuable asset. The property type is classified as land, with a commercial subtype. This presents a blank canvas for a wide array of commercial development possibilities.

    Property Features for 500 Main St

    General Information

    Property type
    Land
    Lot Size
    22,216 SF

    HighLights

    • 0.51‑acre vacant land parcel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Hampden
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.4196785
    Latitude
    42.0628107

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 0.51-Acre Vacant Commercial Lot
    Where is this land located?
    The property is located at 500 Main St Hampden, MA.
    What are key features of this property?
    This property features: 0.51-acre vacant land parcel.; ;
    Request Owner's contact information
    500 Main St Hampden, MA 01036
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    Hampden, MA 01036
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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
    500 Main St Hampden, MA 01036
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