33 Memorial Dr, Chicopee, MA 01020
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.
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
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.