Property profile

2511 Boston Rd Wilbraham, MA 01095

FOR SALE
Other retail properties
Property ID
US38-0040560
3,971 SF 0.39 ac lot Built 1980
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property is a freestanding commercial building totaling 5,171 square feet, constructed in 1980 and fully renovated with improvements completed in 2020. It includes two bathrooms and an interior layout suitable for a range of retail, office, or service-oriented uses. Referenced building system and exterior updates include a roof replacement, window and siding updates, electrical improvements, parking lot improvements, installation of an alarm system, and eight mini-split units. The building is located on the Boston Road corridor in Wilbraham and provides on-site parking to support customer or client access.

Property profile

Verified
Property type Other retail properties
Use group DEPARTMENT STORE
Year built 1980
Construction FRAME
Total area 3,971 SF
Lot 0.39 ac (16,850 SF)
Zoning code GB
APN WILB M:1150 B:264 L:603
UPID US38-0040560

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Hardware & Home Improvement

Location

2511 Boston Rd Wilbraham, MA 01095
Wilbraham metro Census 813601 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2019
5 recorded transactions
2019
Price N/A
2003
Price N/A
1997
Price N/A
1987
Price N/A
1987
Price N/A

Zoning & alternative use

GB · Wilbraham, MA
Zoning description

The purpose of this district is to provide general commercial uses

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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