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    OFF-MARKET
    Land

    33 Memorial Dr, Chicopee, MA 01020

    2.69 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.69-acre commercial land parcel is ideally situated on Memorial Drive (Route 33) in Chicopee, Massachusetts, offering unparalleled visibility and accessibility. The property boasts over 600 feet of frontage along Memorial Drive, featuring multiple curb cuts for convenient ingress and egress. Zoned Business A, this site is well-suited for a variety of commercial developments, including a hotel or motel, although potential height restrictions may apply. The property's location within Hampden County, near the Springfield MSA, provides access to a robust market and strong infrastructure. The asking price is $495,000, translating to approximately $222,676 per acre. The Assessor's Parcel Number (APN) is 0759_00021. Sale terms include cash to the seller and build-to-suit options are available, making this a highly attractive opportunity for developers seeking a prime location with significant development potential. The address is 33 Memorial Drive, Chicopee, MA 01020. This property presents a unique chance to capitalize on a highly desirable location with excellent visibility and zoning suitable for a range of commercial ventures.

    Property profile
    Verified
    Property type Land
    Lot 2.69 ac (117,176 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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