281 Deerfield Byp Deerfield, MA 01373
This exceptional 19,656-square-foot property in Deerfield, Massachusetts, presents a unique investment opportunity. Currently operating as the Magic Wings Butterfly Conservatory, this single-story, Class B building, constructed in 2000, sits on a 1.5-acre lot and is zoned CII. The property boasts a finished kitchen and bathroom, offering immediate functionality. With 19,656 square feet of net rentable space, the asking price is $3,000,000, translating to $152.63 per square foot. The building's prime location on the 281 S Deerfield Bypass ensures high visibility and accessibility. The property is vacant and available for sale by owner, offering a blank canvas for a variety of potential uses, from continuing the existing butterfly conservatory to exploring entirely new ventures. The property's existing infrastructure and unique character provide a solid foundation for a successful business. This is a rare opportunity to acquire a landmark property with significant commercial potential in a desirable location. The sale includes the building and the established business.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.