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Financial
Distress signals
Property profile

234 Russell St 202 Hadley, MA 01035

FOR LEASE
Showrooms
Property ID
US38-1031833
10,904 SF 2.65 ac lot Built 1999
Last sale May 2023 · $2,520,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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234 Russell St,Unit 202, Hadley, MA 01035 For Lease
$1,480/Mo 508 SF available
234 Russell St,Unit 202, Hadley, MA 01035
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Property summary

AI-generated overview

The property is a single-room office suite located within the Hadley Health Center, a multi-tenant medical office building anchored by Cooley Dickinson Hospital. The suite is situated on the second floor and is part of a configuration that includes several small office spaces. A common waiting room is available for occupants, and the suite may be combined with an adjacent 245-square-foot space to create a larger suite. The suite includes utilities as part of the building’s utility setup.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$20k
Tax billed · 2024
Assessed value$1.77M
Assessed land$437k
Assessed improvement$1.33M
Effective rate1.14%

Value estimate

· Oct 2026
$2.10M
$1.89M – $2.30M
AI approach$2.22M
CAP approach$1.61M
NOI build-up
Gross scheduled income$26k
Vacancy & credit loss−$5k
Operating expenses−$5k
NOI · 1,077.57% cap applied$16k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$144/SF
County average, outlier-cleaned · 142 recorded sales of this use type
Observed band · Q1–Q3$91 – $240
Qualifying comparables14

Cap rate analysis

How does the asset earn?
1,077.57%
$16k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B
To accommodate a wide range of retail uses and services and commercial activities in appropriate locations along primary roads within the...
General categoryCOMMERCIAL
JurisdictionHADLEY

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.5
Auto Repair Shop9.3
Realty agency9.0

Location

234 Russell St, Unit 202 Hadley, MA 01035
County assessor Recorded deeds · 3 transfers 14 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
15 Railroad, Hadley, MA 01035 $575,000 Jan 2025 12,022 SF
299 Russell, Hadley, MA 01035-9522 $1,525,000 May 2024 4,560 SF
438 Russell, Hadley, MA 01035 $27,205,000 Oct 2022 5,343 SF
36 Lawrence Pln, Hadley, MA 01035-9730 $800,000 Apr 2021 3,432 SF
190 Russell, Hadley, MA 01035-9542 $975,000 Jan 2021 8,836 SF
37 Lawrence Pln, Hadley, MA 01035-9721 $580,000 Feb 2020 3,882 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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