79 Mainline Dr Westfield, MA 01085
- Manufacturing properties
- 19,820 SF
- 4.00 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 79 Mainline Dr
- Year built
- 1968
- Construction
- FRAME
- Lot size
- 4.00 lot acres
- Property size
- 19,820 SF
- Property type
- Manufacturing properties
- APN
- WFLD M:28-R L:20
- APU
- WFLDM28RL20
Description
This exceptional investment opportunity presents a 19,820-square-foot flex space located at 79 Mainline Drive, Westfield, Massachusetts. Situated on a sizable 4-acre lot, this property offers a unique blend of office and manufacturing space, ideal for a diverse range of businesses. The building comprises 3,000 square feet of well-appointed office space, perfectly suited for administrative functions and client interaction. The remaining 16,820 square feet is dedicated to manufacturing or warehouse space, providing ample room for production, storage, or other operational needs. The property boasts ample parking, strategically divided into separate lots for convenient access to both the office and manufacturing areas. Currently occupied, this property generates immediate income potential. Its strategic location just off Route 20 and within three miles of I-90 ensures excellent accessibility and visibility, making it an attractive proposition for businesses seeking a prominent presence in the Westfield market. The property's size, layout, and convenient location combine to create a compelling investment opportunity with significant potential for growth and return. This is a rare chance to acquire a substantial and versatile property in a highly desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $415,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $410,000
- 6.5%
- $450,000
- 7%
- $415,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $480,000
- Geo Method
- $500,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $400,000
- Retail
- $505,000
- Mixed-Use
- $475,000
- Hospitality
- $400,000
- Educational
- $405,000
- Residential Income
- $470,000
- Energy
- $370,000
- Income-Based Land
- $475,000
- Food Service
- $370,000
Location Insight
- Map
- Local Demand
- City
- Westfield
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.7311
- Latitude
- 42.11
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA