Property profile

2 Hospital Dr Holyoke, MA 01040

OFF-MARKET
Office buildings
Property ID
US38-0972293
23,076 SF 1.52 ac lot Built 1998
Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1998
Construction STEEL FRAME
Total area 23,076 SF
Lot 1.52 ac (66,028 SF)
Zoning code R-2
APN HOLY M:0110 B:0000 L:19
UPID US38-0972293

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Midwife
  • Physician
  • Physician
  • Pediatrician Physician
  • Physician

Location

2 Hospital Dr Holyoke, MA 01040-6632
Holyoke metro Census 812002 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.12M
Blend (final) Blend
$1.88M

Owner & transaction history

since 2004
2 recorded transactions
2004
Price N/A
1998
Price N/A

Zoning & alternative use

R-2 · Holyoke, MA
Zoning description

existing on April 1, 1986, and located in an R-2 (two-family residence) district, to expand that use by creating one additional dwelling unit in accordance with the following requirements: 1. The applicant shall file wit…

General category RESIDENTIAL
Top alternative use upside
Restaurant $3.1M +134.2%
Auto repair, garage $2.9M +118.5%
Retail stores $2.3M +77.5%

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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