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    896 Main St Chicopee, MA 01020

    Sponsored
    For Sale
    $675,000

    2.4 Acres, Business B Zoning, Build-to-Suit

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.4-acre commercial land parcel in Chicopee, Massachusetts, presents a unique investment opportunity. Located at 896 E Main St, 01020, this level lot boasts excellent highway accessibility, situated just one mile from I-90 (Mass Pike) and half a mile from I-291. The property is zoned Business B, offering versatility for a wide range of commercial uses. Utilities are conveniently located at the street, simplifying development. The site previously held permits for a 60,000 square foot climate-controlled self-storage facility, demonstrating its suitability for large-scale projects. This prime location within the gateway to the Chicopee River Business Park provides ample frontage and visibility. Adding to its appeal, the current owner is offering build-to-suit options, providing flexibility and potential cost savings for the right buyer. This is an ideal opportunity for businesses seeking a strategic location with convenient access to major transportation arteries and the potential for customized development. The property's level topography and readily available utilities further enhance its development potential.

    Property Features for 896 Main St

    General Information

    Property type
    Land
    Lot Size
    104,544 SF

    HighLights

    • 2.4‑acre commercial lot in Chicopee, MA, at 896 E Main St, 01020.
    • Excellent highway access: 1 mile from I‑90 (Mass Pike), 1⁄2 mile from I‑291.
    • Level lot with utilities at the street.
    • Owner will build‑to‑suit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicopee
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.553497953756
    Latitude
    42.156108542249

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    FAQs

    What type of property is this?
    Land - 2.4 Acres, Business B Zoning, Build-to-Suit
    Where is this land located?
    The property is located at 896 Main St Chicopee, MA.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: 2.4-acre commercial lot in Chicopee, MA, at 896 E Main St, 01020.; Excellent highway access: 1 mile from I-90 (Mass Pike), 1⁄2 mile from I-291.; Level lot with utilities at the street.
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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
    896 Main St Chicopee, MA 01020
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