Technical
Financial
Distress signals
Property profile

19 Wemelco Way Easthampton, MA 01027

OFF-MARKET
Warehouses
Property ID
US38-1844648
15,723 SF 2.66 ac lot Built 1961
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity encompasses four established cannabis businesses in Easthampton, Massachusetts, offering diverse revenue streams and significant growth potential. The portfolio includes two fully operational dispensaries equipped for credit card transactions, a thriving delivery service with five vehicles, a state-of-the-art warehouse, secure vault, and proprietary software, and a substantial 17,000-square-foot manufacturing and processing facility situated on two acres. The manufacturing facility currently holds a non-operational cultivation license, presenting a valuable future expansion opportunity. All businesses possess complete licensing and build-outs, eliminating significant upfront costs and time investment. Real estate is included in three of the four business locations, offering a unique combination of operational assets and property ownership. The portfolio represents a turnkey solution for investors seeking immediate returns and long-term growth within the thriving Massachusetts cannabis market. The seller is open to outright sale or, preferably, a joint venture partnership to leverage the existing infrastructure and capitalize on future market expansion. This represents a rare opportunity to acquire a fully operational, multi-faceted cannabis business portfolio with significant upside potential. The square footage of the included real estate varies from 1,000 to 100,000 square feet, depending on the specific location and business acquired. The current occupancy rate across all four businesses is 100%. This is a triple net (NNN) lease arrangement for the real estate component. The property is located at 19 Wemelco Way, Easthampton, MA 01027. This is a single-tenancy property.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1961
Construction STEEL FRAME
Total area 15,723 SF
Lot 2.66 ac (116,022 SF)
Zoning code I
APN EHAM M:00164 B:00002 L:00000
UPID US38-1844648

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

19 Wemelco Way Easthampton, MA 01027-1935
Easthampton metro Census 822401 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$455k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

since 2019
3 recorded transactions
2019
$550,000
2014
$440,000
2012
$1

Zoning & alternative use

I · Easthampton, MA
Zoning description

e of Use Regulations (Table 5-1) Districts R-5 Residential - Urban DB Downtown Business R-10 Residential - Suburban B HB Highway Business R-15 Residential - Suburban A NB Neighborhood Business R-35 Residential - Rural C…

General category INDUSTRIAL

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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