2140 Westover Rd Chicopee, MA 01022
- Industrial properties
- 15,300 SF
- 2.18 lot acres
Current Use by Public Records
- TurboCare America's Headquarters / Manufacturer
- Alkbsh Medical Group / Medical Group
Property Details for 2140 Westover Rd
- Year built
- 1986
- Construction
- STEEL FRAME
- Lot size
- 2.18 lot acres
- Property size
- 15,300 SF
- Zone code
- 110
- Property type
- Industrial properties
- APN
- CHIC M:00W1 P:00031
- APU
- CHICM00W1P00031
Description
This ±15,583 square foot flex space, located at 2140 Westover Road in Chicopee, Massachusetts, presents a unique opportunity for businesses seeking a versatile and well-situated property. The building is situated within an established industrial park in Hampden County, offering easy access to major transportation routes. The property's classification as both office and industrial allows for a wide range of potential uses, making it ideal for a variety of businesses. The single-tenant occupancy provides privacy and control over the entire space. The ample parking available on-site is a significant advantage, ensuring convenient access for employees and clients. The flexible layout is well-suited for professional office spaces, industrial operations, assembly lines, laboratory settings, or medical facilities. The property's location in Chicopee, MA, zip code 01022, offers a strategic position within the region, providing access to a skilled workforce and a robust infrastructure. This ±15,583 square foot building presents a compelling opportunity for businesses seeking a functional and adaptable space to support their growth and operations. The property's versatility and convenient location make it an attractive option for a variety of businesses seeking to establish or expand their presence in the Chicopee area. The building's size and layout offer significant potential for customization to meet specific business needs.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $445,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $690,000
- 6.5%
- $625,000
- 7%
- $705,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $545,000
- Geo Method
- $635,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $730,000
- Retail
- $720,000
- Mixed-Use
- $695,000
- Hospitality
- $565,000
- Educational
- $745,000
- Residential Income
- $735,000
- Energy
- $635,000
- Income-Based Land
- $570,000
- Food Service
- $580,000
Location Insight
- Map
- Local Demand
- City
- Chicopee
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.5573
- Latitude
- 42.1881
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA