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    OFF-MARKET
    Land

    392 Burnett Rd, Chicopee, MA 01020

    7.24 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 7.24 ac (315,374 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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