Property profile

15 Commercial Dr Hampden, MA 01036

OFF-MARKET
Warehouses
Property ID
US38-0477900
10,560 SF 3.51 ac lot Built 1988
Individually Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1988
Construction STEEL FRAME
Total area 10,560 SF
Lot 3.51 ac (152,896 SF)
Zoning code COM
APN HAMP M:0012 B:0071 L:0
UPID US38-0477900

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
  • Interior Design Home Decor Store

Location

15 Commercial Dr Hampden, MA 01036-9673
Hampden metro Census 813500 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$800k
CAP Approach CAP
$1.06M
Comparable Approach Comparable
$598k
Blend (final) Blend
$800k

Owner & transaction history

since 2024
Last sale
$800,000
3 recorded transactions
2024
$800,000
1998
Price N/A
1995
$236,000

Zoning & alternative use

COM · Hampden, MA
Top alternative use upside
Auto repair, garage $1.3M +144.9%
Retail stores $1.1M +99.0%
Office building $970,000 +79.4%

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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