Property profile

16 Somers Rd Hampden, MA 01036

FOR SALE
Investment properties
Property ID
US38-0234730
3.47 ac lot
Individually Owned 1-yr Hold ~ Est. High Equity
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16 Somers Rd, Hampden, MA 01036 For Sale
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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

Location

16 Somers Rd Hampden, MA 01036
Hampden metro Census 813500 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2025
7 recorded transactions
2025
$685,000
2021
Price N/A
2019
$625,000
2009
Price N/A
2007
Price N/A
2007
$1
2006
Price N/A

Zoning & alternative use

BUS · Hampden, MA

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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