For Sale
Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
BUS · Hampden, MAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.