16 Somers Rd, Hampden, MA 01036
For Sale
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
BUS · Hampden, MAHampden. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.