392 Burnett Rd Chicopee, MA 01020
- Land
- 7.24 lot acres
Current Use by Public Records
- Land
Property Details for 392 Burnett Rd
- Lot size
- 7.24 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 7.24-acre parcel of land presents a unique investment opportunity in Chicopee, Massachusetts. Located at 392 Burnett Road (APN 0294-00006), this privately-owned property boasts an industrial zoning designation and is fully permitted for distribution uses. The site offers significant frontage, providing excellent accessibility and visibility. Its strategic location provides unparalleled connectivity to major transportation arteries. A mere quarter-mile from the interchange of I-90 (Mass Pike) and I-291, this property benefits from high daily traffic counts exceeding 50,000 vehicles on I-90 and over 40,000 on I-291. Furthermore, it enjoys convenient access to I-91, placing it within 86 miles of Boston and a 2.5-hour drive to New York City. The asking price for this highly desirable property is $3,500,000, translating to approximately $483,425.41 per acre. This represents a compelling investment opportunity given its size, zoning, location, and access to major transportation networks. The property's strategic location and high traffic counts make it ideal for a variety of industrial and distribution businesses. This is a rare opportunity to acquire a substantial, fully permitted industrial land parcel in a high-demand location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicopee
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.5439
- Latitude
- 42.1676
