12 Crescent St Holyoke, MA 01040
- Industrial properties
- 76,264 SF
- 1.63 lot acres
Current Use by Public Records
- Barbieri Express / Trucking Company
- Boston & Maine Corporation / Railroad Company
- Insulation Contractor Of New England / Insulation Contractor
Property Details for 12 Crescent St
- Year built
- 1910
- Construction
- FRAME
- Lot size
- 1.63 lot acres
- Property size
- 76,264 SF
- Zone code
- IG
- Property type
- Industrial properties
- APN
- HOLY M:0030 B:0002 L:1
- APU
- HOLYM0030B0002L1
Description
This exceptional 1.63-acre parcel of land presents a unique investment opportunity in the thriving city of Holyoke, Massachusetts. Located at 12 Crescent Street, this property offers significant potential for a variety of commercial and industrial uses. The expansive acreage provides ample space for development, allowing for flexibility in design and construction to meet specific business needs. Its strategic location within Holyoke offers convenient access to major transportation routes, facilitating efficient logistics and distribution. The property's zoning regulations should be independently verified to ensure compliance with any intended development plans. Given its size and location, this land is ideally suited for businesses requiring substantial space for operations, storage, or manufacturing. The asking price of $1,100,000 represents a compelling investment opportunity in a rapidly growing market. Serious inquiries are encouraged to explore the possibilities this property offers. Prospective buyers are advised to conduct their own due diligence, including but not limited to, environmental assessments, zoning verification, and title searches, before making an offer. This property is being sold "as is," and all information provided is believed to be accurate but is not guaranteed. The absence of square footage data reflects the undeveloped nature of the land. This presents a blank canvas for a visionary developer to create a significant commercial asset. The seller is motivated and open to reasonable offers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $875,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $815,000
- 6.5%
- $905,000
- 7%
- $850,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $810,000
- Geo Method
- $885,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,015,000
- Retail
- $840,000
- Mixed-Use
- $1,130,000
- Hospitality
- $885,000
- Educational
- $1,060,000
- Residential Income
- $1,075,000
- Energy
- $1,070,000
- Income-Based Land
- $855,000
- Food Service
- $1,030,000
Location Insight
- Map
- Local Demand
- City
- Holyoke
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.6043
- Latitude
- 42.2011
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
