357 Burnett RdChicopee, MA 01020

  • Land
  • 5.79 AC
For Lease

Property Details for 357 Burnett Rd

Year built
1970
Construction
WOOD FRAME
Lot size
5.79 AC
Zone code
108
Property type
Land
Property subtype
Commercial land
APN
CHIC M:0266 P:00010
APU
CHICM0266P00010

Description

This exceptional 7.93-acre commercial land parcel presents a unique investment opportunity in Chicopee, Massachusetts. Located at 357 Burnett Road, the property is zoned for both Business A and Industrial uses, offering significant flexibility for a variety of development projects. The single-tenant zoning allows for streamlined development and management. The expansive acreage provides ample space for substantial construction, making it ideal for businesses requiring significant land area for operations or storage. Situated in Hampden County, this strategically located site benefits from convenient access to major transportation routes, enhancing its appeal to a wide range of potential tenants or developers. The property's flat topography simplifies site preparation and construction, minimizing potential development challenges and costs. With its generous size and versatile zoning, this land parcel represents a compelling investment opportunity for those seeking a prime location in a thriving market. The 01020 zip code offers access to a robust local economy and a strong workforce. This is a rare chance to acquire a significant land holding in a desirable area of Chicopee, ready for immediate development or future expansion. Serious inquiries are encouraged to explore the full potential of this exceptional property. The latitude and longitude coordinates are 42.1651352, -72.5451612.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $47,728,376
    Hospitality
    $43,718,936
    Educational
    $36,373,640
    Medical
    $37,624,588
    Retail
    $56,581,220
357 Burnett Rd, Chicopee, Massachusetts
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Location Insight

City
Chicopee
County
Hampden
State
Massachusetts
Latitude
42.1652
Longitude
-72.5449
CBSA code
44140
CBSA name
SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$20,759
$653,200
-
$653,200
-
-
-
-

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