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Property profile & analytics
OFF-MARKET
Land

23 Kringle Dr Bernardston, MA 01337

244,807 SF 5.62 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.62-acre vacant industrial land parcel in Bernardston, Massachusetts, presents a unique investment opportunity. Priced at $750,000 ($3.06/sq ft), the property boasts 244,807 square feet of developable land, ideally suited for a variety of uses. Its prime location offers immediate access to Interstate 91, providing excellent visibility from Route 10 and I-91 southbound. The property is conveniently situated just 5 miles south of the Vermont border, offering easy access to regional markets. Zoned for industrial use, this all-open land parcel is easily accessible for site work, featuring town water (no sewer). The property's strategic location directly adjacent to the Kringle Candle manufacturing facility provides significant potential for synergy and increased visibility. Kringle Drive, where the property is located, is a dead-end road, bordering Fall River to the west. The absence of existing buildings allows for complete design flexibility, making it perfect for projects such as self-storage units, solar farms, trucking depots, or other industrial ventures. This is a rare opportunity to acquire a large, readily developable parcel in a high-traffic area with excellent access to major transportation routes.

Property profile
Verified
Property type Land
Total area 244,807 SF
Lot 5.62 ac (244,807 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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