248 Old Lyman Rd 254, South Hadley, MA 01075-2653
This exceptional 9,677-square-foot industrial flex space is situated within a larger multi-tenant building at 248 Old Lyman Road, South Hadley, MA 01075. The property, known as The 250 Building, offers a blend of office and warehouse space, ideal for a variety of businesses. Built in 1972, this single-story building sits on 1.52 acres and boasts a total of 26,400 square feet, divided into five suites. The available unit features a dedicated loading dock and a convenient drive-in access, enhancing operational efficiency. Private offices are included, providing a professional workspace. The zoning is IA, allowing for a range of industrial uses. This prime location offers easy access to major transportation arteries, including the Massachusetts Turnpike (MA Pike), Route 33, and Route 202, providing seamless connectivity to Hampshire and Hampden Counties. The property is conveniently located off New Ludlow Road within South Hadley's established industrial park area. This is a rare opportunity to secure a well-appointed flex space in a highly desirable location. The building is comprised of one structure with a total of 26,400 square feet.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
IA0 · South Hadley, MASouth Hadley. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.