Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    47 Cross St Bernardston, MA 01337

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    120-Acre Warehouse Complex, $1.99M

    Property size:
    30,000 SF

    Property Features for 47 Cross St

    General Information

    Property type
    Distribution properties
    Square Feet
    30,000 SF
    Lot Size
    5,227,200 SF

    Building Details

    Year Built
    1928
    Buildings
    11
    Stories
    1

    We can help!

    Listing Contact
    Mike Pratt
    Mike Pratt

    Listing Agency: Coldwell Banker Commercial Upton-Massamont Realtors Listing Agent: Mike Pratt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 120-acre Massachusetts property offers a unique blend of industrial and residential components. Eleven buildings totaling 30,000 square feet comprise the complex, including retrofitted barns suitable for dry goods storage with forklift access, HVAC-controlled spaces ideal for office or light manufacturing, and newer repair-shop style structures offering versatile usage. A 4-bedroom, 1.5-bathroom ranch-style home is included and currently used by employees. The property, zoned RA, features town water and professionally maintained grounds, with farm fields under lease. A potential annual income of $75,000 is projected from a pending solar array lease option. Built in 1928, this one-story complex presents a significant investment opportunity in Bernardston, MA (01337), with APN M:0020 B:0007 L:00060. The property's multi-tenant capacity and diverse building types cater to a wide range of commercial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Real Estate Agency Restaurant Auto Repair Shop Auto Parts Store Hotel & Motel Department Store Kitchen & Bath Showroom Food Market HVAC Service Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bernardston
    County
    Franklin
    State
    Massachusetts
    Longitude
    -72.553342
    Latitude
    42.659702

    Nearby Similar for Sale

    • $750,000
      5.62 Acres

      Prime Bernardston Industrial Land

      5.62 Acres, I-91 Access, Vacant
      23 Industrial Dr, Bernardston, MA 01337
      View Details
    • $1,990,000
      120.00 Acres

      Prime Bernardston Commercial Farm

      120 Acres, Diverse Buildings, High Income Potential
      47 Cross St, Bernardston, MA 01337
      View Details
    • $125,000
      5.88 Acres

      Prime Bernardston Commercial Land

      5.88 Acres, Development Ready
      434 Northfield Rd, Bernardston, MA 01337
      View Details

    FAQs

    What type of property is this?
    Distribution property - 120-Acre Warehouse Complex, $1.99M
    Where is this distribution property located?
    The property is located at 47 Cross St Bernardston, MA.
    What is the asking price?
    The asking price for this property is $1,990,000.
    What are key features of this property?
    This property features: $1,990,000 asking price.; 30,000 square foot industrial warehouse on 120 acres.; Multi-tenant property with 11 buildings, including retrofitted barns and newer shop structures.
    (413) 665-3771 Call to check price and availability
    Request Owner's contact information
    47 Cross St Bernardston, MA 01337
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    47 Cross St
    Bernardston, MA 01337
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    47 Cross St Bernardston, MA 01337
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mike Pratt
    Mike Pratt
    (413) 665-3771 (207) 415-3460
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!