Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2132 Boston Rd Wilbraham, MA 01095

    • Commercial land
    • 1,124 SF
    • 0.80 lot acres
    For Sale
    View listing
    $350,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-0870165
    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

    • Commercial land

    Property Details for 2132 Boston Rd

    Year built
    1926
    Construction
    WOOD FRAME
    Lot size
    0.80 lot acres
    Property size
    1,124 SF
    Zone code
    GB
    Property type
    Commercial land
    APN
    WILB M:1150 B:78 L:354
    APU
    WILBM1150B78L354

    Description

    This exceptional 0.8-acre commercial land parcel presents a remarkable investment opportunity in Wilbraham, Massachusetts. Situated at 2132 Boston Road, this property boasts a highly desirable location along Route 20, a busy retail corridor with excellent visibility and easy access. The General Business District zoning allows for a wide range of commercial uses, making it ideal for developers or businesses seeking a strategic location to establish or expand their operations. The 0.8-acre lot provides ample space for various development projects, catering to the needs of businesses seeking high-traffic exposure. Its proximity to national and regional retailers further enhances its appeal, ensuring a strong customer base and significant potential for growth. The address is 2132 Boston Road, Wilbraham, MA 01095, within Hampden County. This property is priced at $350,000 and offers a unique chance to capitalize on the thriving commercial landscape of this established area. The property's location on Route 20 ensures high traffic volume and excellent visibility for any business established on the site. This is a rare opportunity to acquire a strategically located commercial land parcel in a prime retail area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilbraham
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.469
    Latitude
    42.1509
    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
    $4,727
    $255,500
    $0.00
    $255,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.25 Acres

      2493 Boston Rd

      VACANT COMMERCIAL LAND • 0.25 Acres
      2493 Boston Rd, Wilbraham, MA 01095-1137
      View Details
    • Value Estimation by Request
      2.42 Acres

      60 Post Ofc Park

      VACANT COMMERCIAL LAND • 2.42 Acres
      60 Post Ofc Park, Wilbraham, MA 01095-1287
      View Details
    • Value Estimation by Request
      1.23 Acres

      2338 Boston Rd

      VACANT COMMERCIAL LAND • 1.23 Acres
      2338 Boston Rd, Wilbraham, MA 01095
      View Details
    • Value Estimation by Request
      0.54 Acres

      2644 Boston Rd

      VACANT COMMERCIAL LAND • 0.54 Acres
      2644 Boston Rd, Wilbraham, MA 01095-1110
      View Details
    • Value Estimation by Request
      0.62 Acres

      24 Dumaine St

      VACANT COMMERCIAL LAND • 1,582 SF
      24 Dumaine St, Wilbraham, MA 01095-1007
      View Details
    • Value Estimation by Request
      5.20 Acres

      2417 Boston Rd

      VACANT COMMERCIAL LAND • 1,366 SF
      2417 Boston Rd, Wilbraham, MA 01095-1105
      View Details

    Similar Nearby for Sale

    • $350,000

      Prime Land Parcel on Rt. 20

      0.80 acre land parcel with high visibility and easy access.
      2132 Boston Rd, Wilbraham, MA 01095
      View Details
    • $199,000

      Commercial Land Near Route 20

      Highly visible commercial land parcel with development possibilities.
      24 Dumaine St, Wilbraham, MA 01095
      View Details
    • $350,000
      0.80 Acres

      Wilbraham Commercial Land - $350K

      0.8-acre lot, prime retail location.
      2132 Boston Rd, Wilbraham, MA 01095
      View Details
    • $798,000

      Renovated Freestanding Building on Boston Road

      5,171 SF renovated building suitable for retail or office.
      2511 Boston Rd, Wilbraham, MA 01095
      View Details
    • $429,900

      Wilbraham Duplex with Updated Unit

      Duplex in Wilbraham with one vacant, updated unit.
      89-91 Stony Hill Rd, Wilbraham, MA 01095
      View Details
    • $950,000
      2.30 Acres

      Wilbraham Mixed-Use Commercial Property

      Prime Boston Road location, water views, high potential.
      2589 Boston Rd, Wilbraham, MA 01095
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Land on Route 20

      Two acres of industrial land available for rent.
      2380 Boston Rd, Wilbraham, MA 01095
      View Details
    • Contact for pricing
      3,263 SF

      Route 20 Commercial Space

      Commercial space for lease on Route 20 in Wilbraham, MA.
      2481 Boston Rd, Wilbraham, MA 01095
      View Details
    • Contact for pricing
      2,600 SF

      Wilbraham Center First Floor Office

      First floor office space in Wilbraham Center available October 1, 2025.
      2 Crane Park Dr, Wilbraham, MA 01095
      View Details
    • $22 SF/Yr
      2,150 SF

      Wilbraham Office Space Available

      Office space for lease with recent improvements and ample parking.
      2377 Boston Rd, Wilbraham, MA 01095
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2132 Boston Rd
    Wilbraham, MA 01095
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.