Property profile

135 Apremont Way Westfield, MA 01085

FOR SALE
Manufacturing properties
Property ID
US38-0761636
33,717 SF 2.6 ac lot Built 1956
Entity Owned 20-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 33,717-square-foot industrial property, located at 135 Apremont Way in Westfield, Massachusetts, presents a significant investment opportunity. The single-story building, constructed in 1956, sits on a generous 2.6-acre lot and is zoned IA. Currently vacant, this flex/warehouse space offers immediate occupancy for a wide range of industrial and commercial uses. The property boasts five overhead doors and four loading docks, ensuring efficient loading and unloading operations. Ample parking is available with over 50 spaces provided. The asking price is $2,250,000, translating to a price per square foot of $66.73. This represents a compelling value for a property of this size and functionality in a desirable location within Hampden County. The property's strategic location in Westfield, MA (zip code 01085), offers convenient access to major transportation routes, making it an ideal choice for businesses requiring efficient logistics. This is a rare opportunity to acquire a well-maintained, spacious industrial building with significant potential for immediate income generation or long-term investment growth. The property's size and features make it suitable for a variety of businesses seeking a functional and well-located space.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1956
Construction STEEL FRAME
Total area 33,717 SF
Lot 2.6 ac (113,256 SF)
APN WFLD M:57-R L:24
UPID US38-0761636

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

135 Apremont Way Westfield, MA 01085
Westfield metro Census 812500 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.94M
Blend (final) Blend
$1.61M

Owner & transaction history

since 2006
4 recorded transactions
2006
Price N/A
1999
Price N/A
1994
Price N/A
1990
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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