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    OFF-MARKET Estimated value $2,195,000
    Showrooms

    234 Russell St, Hadley, MA 01035-3534

    10,904 SF 2.65 ac lot Built 1999
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US38-1031833
    Property summary
    AI-generated overview

    This exceptional Class A medical office building, located at 234 Russell St, Hadley, MA 01035, offers multiple suites for lease. Situated on a 2.65-acre lot and conveniently located near Spruce Hill Road, this three-story building boasts 65 parking spaces and passenger elevators for easy accessibility. Built in 1999, the property is zoned for business use and is anchored by Cooley Dickinson Hospital, providing excellent visibility and a strong tenant base. Available spaces range from a minimum of 264 square feet to a maximum contiguous space of 1,057 square feet, catering to a variety of medical practices. The building features multiple office spaces, allowing for flexibility in configuring suites to meet individual needs. Shared amenities include a common waiting area and restrooms, enhancing the overall tenant experience. This prime location in Hampshire County offers a thriving medical community and excellent access to major transportation routes. The property's modern design and convenient amenities make it an ideal location for medical professionals seeking high-quality office space. Inquire today to learn more about available suites and lease terms.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1999
    Construction FRAME
    Total area 10,904 SF
    Lot 2.65 ac (115,364 SF)
    Zoning code B
    APN HADL M:0005D B:0024 L:0000
    UPID US38-1031833
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.22M
    CAP Approach CAP
    $1.61M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.20M
    Owner & transaction history
    M-m2 Holdings LLC · 3 yrs held
    M-m2 Holdings LLC
    since 2023
    Last sale
    $2.5M
    3 recorded transactions
    2023
    $2.5M
    1998
    $140,000
    1998
    $70,000
    Zoning & alternative use
    B · Hadley, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $2.1M +32.8%
    Retail stores $1.7M +8.1%
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