Farmland with Truck
97 Main St Savoy, MA 01256
New
97 Main St, Savoy, MA, 01256
$595,000
For Sale
$595,000
Land, Other - Savoy, MA
Property Size2,400 SF
Lot Size63.00 Acres
Price / SF$247.92
Days on Market3
Property Features for 97 Main St
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 63.00 Acres
Building Details
- Architectural style
- Other
Listing agency
Engel & Völkers Wellesley
(781) 248-6350
Listed by
Jeffrey Loholdt
Added: Jul 19 Checked: Jul 21 at 7:06PM
MLS# 73551925
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 63-acre Savoy, MA property includes a newer, over-built 40 x 60 garage. The garage is equipped with a 10,000 lb truck lift, electrical outlets every 10 feet (110/220), and a 400-amp service. Infrastructure is also in place for future improvements, including plumbing stubbed for a bathroom and slop sink, extra conduit run in the slab, and a hot dog heater ready to be activated with propane.
The property offers expansive road frontage and a mix of level, open areas along with elevation change. Mixed timber forestland extends toward the rear, creating an opportunity for views. The public remarks also indicate that town by-laws may allow for subdividing.
The site is described as country acreage with space for development and expansion, supported by the existing garage improvements and utility-ready features.
The property offers expansive road frontage and a mix of level, open areas along with elevation change. Mixed timber forestland extends toward the rear, creating an opportunity for views. The public remarks also indicate that town by-laws may allow for subdividing.
The site is described as country acreage with space for development and expansion, supported by the existing garage improvements and utility-ready features.
Key Highlights
- Over‑built 40 x 60 garage on 63 acres with a 10,000 lb truck lift
- Garage has 400 amp service and electrical outlets every 10 feet (110/220)
- Plumbing stubbed for a bathroom and slop sink, plus extra conduit in the slab for future expansion
Local Financial Insights For Warehouse
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 | $21.6k | $9.00 |
| − Vacancy | −$1.8k | −$0.75 |
| EGI | $19.8k | $8.25 |
| − OpEx | −$3.0k | −$1.24 |
| NOI | $16.8k | $7.02 |
2,400 SF · lease $9.00/SF/yr · vacancy 8.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$240.5K
$210.5K – $280.6K
NOI $16,836 @ 7.0% cap · market cap 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$702.7K
$614.9K – $819.8K
NOI $49,190 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Agricultural land / Farmland
Similar For Sale Nearby
FAQs
What type of property is this?
Agricultural land / Farmland - 63-acre property featuring a like-new 40x60 garage with 10,000 lb truck lift and 400-amp electrical service.
Where is this agricultural land / farmland located?
The property is located at 97 Main St Savoy, MA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Over‑built 40 x 60 garage on 63 acres with a 10,000 lb truck lift; Garage has 400 amp service and electrical outlets every 10 feet (110/220); Plumbing stubbed for a bathroom and slop sink, plus extra conduit in the slab for future expansion
