Property profile

14 Freight House Rd West Brookfield, MA 01585

FOR SALE
Showrooms
Property ID
US38-1499665
7,350 SF 0.86 ac lot Built 1917
Individually Owned 22-yr Hold Free & Clear
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Property summary

AI-generated overview

This unique investment opportunity presents a commercial warehouse building situated on a sizable 0.86-acre lot in West Brookfield, Massachusetts. Located at 14 Freight House, zip code 01585, this property is being offered at an asking price of $129,900. The building itself is a special purpose structure categorized as commercial and is in need of substantial repairs. The sale is an "as is" transaction, meaning the buyer assumes responsibility for all necessary renovations and repairs. Given the significant repair needs, this property is ideally suited for a buyer with experience in renovation projects or a vision for repurposing the existing structure. The substantial lot size offers considerable potential for future development or expansion, depending on local zoning regulations and approvals. The property's location in Worcester County provides access to regional transportation networks and potential customer bases. This presents a chance to acquire a large parcel of land with an existing building at a competitive price, making it an attractive proposition for investors seeking a hands-on project with high upside potential. The property is classified as commercial land and has zero units. Serious inquiries are encouraged to explore the possibilities of this unique investment.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1917
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,350 SF
Lot 0.86 ac (37,462 SF)
Zoning code GD
APN WBFD M:038 B:00001 L:00000
UPID US38-1499665

Cap rate & NOI

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

Location

14 Freight House Rd West Brookfield, MA 01585
West Brookfield metro Census 724100 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2004
1 recorded transaction
2004
$125,000

Zoning & alternative use

GD · West Brookfield, MA

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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