Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $860,000
    Manufacturing properties

    248 Old Lyman Rd 254, South Hadley, MA 01075-2653

    26,400 SF 1.52 ac lot Built 1972
    Entity Owned ~ Est. High Equity
    Property ID
    US38-1148247
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1972
    Construction STEEL FRAME
    Total area 26,400 SF
    Lot 1.52 ac (66,344 SF)
    Zoning code IA0
    APN SHAD M:0008 B:0101 L:0000
    UPID US38-1148247
    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
    $760k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $957k
    Blend (final) Blend
    $860k
    Owner & transaction history
    Round Two LLC
    Round Two LLC
    since 2026
    5 recorded transactions
    2026
    $1.8M
    2019
    2011
    $1
    2010
    $1
    1969
    Zoning & alternative use
    IA0 · South Hadley, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Warehouse, storage $1.2M +8.6%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 248 Old Lyman Rd, Unit 254?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    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