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Property profile & analytics
OFF-MARKET
Warehouses

21A Wilbraham St Palmer, MA 01069

138,205 SF 5.98 ac lot Built 1956
Property ID
Property summary
AI-generated overview

This exceptional industrial property, located at 21A Wilbraham Street in Palmer, Massachusetts (01069), offers up to 70,000 square feet of warehouse space within a larger 138,205 square foot building. Situated on a 5.98-acre lot in the Western Mass submarket, this Class B building boasts a single story with an 18-foot ceiling height. Built in 1956 and renovated in 2012, the property features three loading docks, one drive-in door, and ample parking. The minimum divisible space is 50,000 square feet, with a maximum contiguous space of 70,000 square feet currently available. The property is zoned IA and benefits from convenient access to Route 20 and is just 1.5 miles from the Massachusetts Turnpike, providing easy connectivity between Boston and Albany. A gross lease of $6.50 per square foot is offered, encompassing all operating expenses, real estate taxes, and utilities. A new 16-foot overhead door is available. This property presents a significant opportunity for businesses seeking efficient and well-located warehouse space in Western Massachusetts. The property tax rate is $0.19 per square foot.

Property profile
Verified
Property type Warehouses
Year built 1956
Total area 138,205 SF
Lot 5.98 ac (260,489 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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