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    OFF-MARKET
    Land

    896 Main St, Chicopee, MA 01020

    2.4 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.4-acre commercial land parcel in Chicopee, Massachusetts, presents a unique investment opportunity. Located at 896 E Main St, 01020, this level lot boasts excellent highway accessibility, situated just one mile from I-90 (Mass Pike) and half a mile from I-291. The property is zoned Business B, offering versatility for a wide range of commercial uses. Utilities are conveniently located at the street, simplifying development. The site previously held permits for a 60,000 square foot climate-controlled self-storage facility, demonstrating its suitability for large-scale projects. This prime location within the gateway to the Chicopee River Business Park provides ample frontage and visibility. Adding to its appeal, the current owner is offering build-to-suit options, providing flexibility and potential cost savings for the right buyer. This is an ideal opportunity for businesses seeking a strategic location with convenient access to major transportation arteries and the potential for customized development. The property's level topography and readily available utilities further enhance its development potential.

    Property profile
    Verified
    Property type Land
    Lot 2.4 ac (104,544 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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