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    Property profile & analytics
    OFF-MARKET Estimated value $740,000
    Industrial properties

    17 Downing 3rd Park Ste 2a, Pittsfield, MA 01201-3872

    10,400 SF Built 1986
    Entity Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US38-1533788
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 17 Downing Three in Pittsfield, Massachusetts, offers flexible warehouse space within a larger 44,640 square foot facility. The building, constructed in 1986, is situated in the desirable Downing Industrial Park, alongside numerous established national businesses. This listing encompasses three connected condominium units, providing a range of options from 11,800 to 20,936 square feet. Each unit benefits from a high ceiling ranging from 18 to 20 feet, facilitating efficient storage and operations. The property includes two loading docks for convenient loading and unloading. The building boasts a robust power supply of 400 amps. The current occupant, a prominent medical plastics manufacturer, utilizes a significant portion of the larger facility, including a substantial tool room and a Class 8 clean room. This presents a unique opportunity for businesses seeking versatile warehouse space in a prime industrial location within Berkshire County, zip code 01201. The property's location offers easy access to major transportation routes, making it an ideal choice for distribution and logistics operations.

    Property profile
    Verified
    Property type Industrial properties
    Use group CONDOMINIUMS (INDUSTRIAL)
    Year built 1986
    Construction STEEL FRAME
    Total area 10,400 SF
    Zoning code IG
    APN PITT M:M12 B:0099 L:004
    UPID US38-1533788
    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
    Current use
    Occupant on record · Public records
    • Spectrum Plastics Group, A DuPont Business Production Facility Factory
    • Needlejig Tattoo Supply Marketing & Advertising IT Consulting Firm
    • Evolve Inks, Inc. Tattoo & Piercing Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $555k
    CAP Approach CAP
    $875k
    Comparable Approach Comparable
    $886k
    Blend (final) Blend
    $740k
    Owner & transaction history
    Mudslinger LLC · 9 yrs held
    Mudslinger LLC
    since 2016
    7 recorded transactions
    2016
    $425,000
    2014
    $200,000
    2014
    1995
    $100,000
    1993
    1990
    1988
    $100,000
    Zoning & alternative use
    IG · Pittsfield, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $915,000 +39.7%
    Retail stores $860,000 +31.8%
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