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Property profile & analytics

120 Riv Rd Northampton, MA 01053

  • Industrial properties
  • 15.06 lot acres
Value Estimation
Last Sale
May 12, 2021
$2,200,000
Location Intelligence
Property ID
US38-1129902
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Isalis / Gift Shop / Boutique
  • Party City / Costume Store / Party Store
  • Skunk Funk / Wholesaler / Clothing Store
  • Carl's Trading Co / Hat Shop
  • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

Property Details for 120 Riv Rd

Lot size
15.06 lot acres
Zone code
RR
Property type
Industrial properties
APN
NHAM M:0005 B:0028 L:0001
APU
NHAMM0005B0028L0001

Description

This exceptional industrial property, located at 120 River Rd in Northampton, Massachusetts (zip code 01053), presents a significant investment opportunity. The 82,000 square foot warehouse, constructed in 1970, sits on a substantial 33.02-acre lot. The building features three loading docks and three dock-high doors, providing ample access for efficient loading and unloading. Currently, 60,000 square feet of space is available, offering potential for expansion or multiple tenants. The property benefits from existing solar income generation. All utilities are connected, including water, sewer, and gas, with gas forced-air heating. The asking price is $2,870,000, translating to $35 per square foot. The property's location in Northampton, Hampshire County, offers convenient access to major transportation routes. This is a rare opportunity to acquire a large-scale industrial property with significant potential for growth and income generation. The property is zoned for industrial use. Further details regarding lease rates ($3.95/SF NNN) are available upon request.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $2,620,000
  • CAP approach

    CAP return
    Estimation
    6%
    $2,195,000
    6.5%
    $2,035,000
    7%
    $1,955,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,855,000
    Geo Method
    $2,410,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $2,305,000
    Retail
    $1,900,000
    Mixed-Use
    $1,865,000
    Hospitality
    $2,375,000
    Educational
    $2,270,000
    Residential Income
    $1,890,000
    Energy
    $2,165,000
    Income-Based Land
    $2,070,000
    Food Service
    $2,375,000

Location Insight

  • Map
  • Local Demand
City
Leeds
County
Hampshire
State
Massachusetts
Longitude
-72.7026
Latitude
42.3589
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
$35,871
$544,400
$1,817,100
$2,361,500
-
$0.00
$0.00
$0.00
More about this property
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