14 Industrial Dr South Deerfield, MA 01373
- Industrial properties
- 8.82 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 14 Industrial Dr
- Lot size
- 8.82 lot acres
- Zone code
- MMO
- Property type
- Industrial properties
- APN
- DEER M:182 L:9
- APU
- DEERM182L9
Description
This exceptional industrial investment opportunity presents a fully occupied, 137,825-square-foot Class B warehouse in South Deerfield, MA. Situated on an 8.82-acre lot, this single-tenant property boasts 16 loading docks with levelers, lights, and seals, facilitating efficient operations. The warehouse features two single-story buildings, each with 25-foot ceilings and 25' x 60' column spacing, providing ample adaptability for various industrial uses. A significant asset is the inclusion of a 14,000-square-foot cooler maintained at a consistent 40-degree temperature. The property benefits from 3-phase electrical service (400 AMP and 600 AMP capacities), abundant on-site and trailer parking, and convenient access to I-91 (just one mile away). Built in 1979, the property is zoned PI and offers significant potential for future growth and return on investment. The asking price is $7,500,000, translating to $54.42 per square foot. This is a rare opportunity to acquire a high-performing industrial asset in a strategic location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,865,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,475,000
- 6.5%
- $4,295,000
- 7%
- $4,400,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,495,000
- Geo Method
- $5,220,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,190,000
- Retail
- $4,945,000
- Mixed-Use
- $4,660,000
- Hospitality
- $4,565,000
- Educational
- $4,005,000
- Residential Income
- $4,970,000
- Energy
- $4,150,000
- Income-Based Land
- $4,170,000
- Food Service
- $4,600,000
Location Insight
- Map
- Local Demand
- City
- South Deerfield
- County
- Franklin
- State
- Massachusetts
- Longitude
- -72.6083
- Latitude
- 42.4662
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA