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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    200 Water St Holyoke, MA 01040-5979

    • Warehouses
    • 4,116 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimations
    $265,000
    Show details
    Cap Rate Potential
    9.9%
    Warehouses
    Location Intelligence
    Property ID
    US38-1253979
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sonoco Products Co / Packaging Company

    Property Details for 200 Water St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.10 lot acres
    Property size
    4,116 SF
    Zone code
    IG
    Property type
    Warehouses
    APN
    HOLY M:0046 B:0001 L:5.1
    APU
    HOLYM0046B0001L51

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $270,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $261,000
      Market price range: $98.6k - $262k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $210,000
      Current use
      RETAIL STORES
      $420,000
      Change: +99% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $290,000
      Change: +38% Conversion: Difficult
      OFFICE BUILDING
      $235,000
      Change: +12% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Holyoke
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.6074
    Latitude
    42.1931
    CBSA code
    44140
    CBSA name
    SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,648
    $20,000
    $70,600
    $90,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $660,000
      174,897 SF

      49-51 Garfield St

      WAREHOUSE, STORAGE • 174,897 SF
      49-51 Garfield St, Holyoke, MA 01040
      View Details
    • Value Estimation
      $560,000
      61,500 SF

      44-46 Clemente St

      WAREHOUSE, STORAGE • 61,500 SF
      44-46 Clemente St, Holyoke, MA 01040
      View Details
    • Value Estimation
      $230,000
      11,904 SF

      42 Commercial St, Unit 48

      WAREHOUSE, STORAGE • 11,904 SF
      42 Commercial St, Holyoke, MA 01040-4704
      View Details
    • Value Estimation
      $235,000
      1,209 SF

      Hanover St

      WAREHOUSE, STORAGE • 1,209 SF
      Hanover St, Holyoke, MA 01040
      View Details
    • Value Estimation
      $765,000
      39,380 SF

      45 Jackson St

      WAREHOUSE, STORAGE • 39,380 SF
      45 Jackson St, Holyoke, MA 01040-5543
      View Details
    • Value Estimation
      $245,000
      5,979 SF

      158-160 Race St

      WAREHOUSE, STORAGE • 5,979 SF
      158-160 Race St, Holyoke, MA 01040
      View Details

    Similar Nearby for Sale

    • $4,950,000
      326,664 SF

      Holyoke Industrial Complex

      Massive 326,664 SF industrial complex
      100 Water St, Holyoke, MA 01040
      View Details
    • $1,950,000
      230,000 SF

      230,000 SF Mill Building

      230,000 SF mill building with deeded water rights.
      195 Appleton St, Holyoke, MA 01040
      View Details
    • $409,900

      Versatile Commercial Property in Holyoke

      Commercial property suitable for automotive, trades, industrial, or warehouse uses.
      41 N Summer St, Holyoke, MA 01040
      View Details
    • Contact for pricing
      13,069 SF

      Single Tenant Net Leased Facility

      Single tenant facility with 6+ years remaining on lease.
      701 Kelly Way, Holyoke, MA 01040
      View Details
    • $475,000

      Versatile Warehouse with Retail/Office Space

      12,000 SF warehouse with retail/office space and high visibility.
      42-50 Commercial St, Holyoke, MA 01040
      View Details
    • Contact for pricing
      24,938 SF

      Holyoke Warehouse: 24,938 SF

      Spacious Industrial Warehouse, Excellent Location
      620 Beaulieu St, Holyoke, MA 01040
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      29,281 SF

      Industrial Facility with Expansion Potential

      29,281 SF industrial facility with expansion potential for lease.
      115 Whiting Farms Rd, Holyoke, MA 01040
      View Details
    • $1.45 SF/Yr

      Holyoke Warehouse Space for Lease

      110,000 SF industrial warehouse space available for lease.
      475 Canal St, Holyoke, MA 01040
      View Details
    • $3,000 /Mo

      Industrial Building for Lease

      Large industrial building suitable for various commercial uses.
      26 Hadley Mill Rd, Holyoke, MA 01040
      View Details
    • Contact for pricing
      113,700 SF

      Holyoke Industrial Facility for Lease

      113,700 SF industrial facility on 9.77 acres for lease.
      111 Mosher St, Holyoke, MA 01040
      View Details
    • $5 SF/Yr
      24,938 SF

      Holyoke Industrial Space For Lease

      24,938 SF Manufacturing/Warehouse
      620 Beaulieu St, Holyoke, MA 01040
      View Details
    • $3,500,000
      52,354 SF

      Industrial Facility with Mezzanine

      52,354 SF industrial facility featuring a mezzanine level.
      106 Winter St, Holyoke, MA 01040
      View Details
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    200 Water St
    Holyoke, MA 01040-5979
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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