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    FOR SALE
    Investment properties

    16 Somers Rd, Hampden, MA 01036

    3.47 ac lot
    Individually Owned ~ Est. High Equity
    Property ID
    US38-0234730
    16 Somers Rd, Hampden, MA 01036 For Sale
    $725,000
    16 Somers Rd, Hampden, MA 01036
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    Property summary
    AI-generated overview

    This exceptional 3.47-acre commercial land parcel in Hampden, Massachusetts, presents a unique development opportunity. Located at 16 Somers Rd, 01036, this property boasts a highly visible location on Somers Road, experiencing approximately 5,500 vehicles per day, and proximity to Main Street with 7,700 vehicles daily. The asking price is $725,000. Currently improved with a two-family house and a garage featuring five drive-in doors, the property offers existing structures that could be repurposed or removed to accommodate new construction. The land is zoned for business use (BUS), providing flexibility for a variety of commercial ventures. Built in 1750, the existing structures offer potential for adaptive reuse or demolition to maximize the development potential of this significant land holding. This prime location in Hampden offers strategic business advantages and ample space for a wide range of commercial projects. The property's high visibility and convenient location make it an attractive investment for developers seeking a strong foothold in a thriving community.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Lot 3.47 ac (151,153 SF)
    Zoning code BUS
    APN HAMP M:0012 B:0039 L:0
    UPID US38-0234730
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Belmont Avenue RT
    Belmont Avenue RT
    since 2025
    7 recorded transactions
    2025
    $685,000
    2021
    2019
    $625,000
    2009
    2007
    2007
    $1
    2006
    Zoning & alternative use
    BUS · Hampden, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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