896 Main St, Chicopee, MA 01020
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.
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.