Property profile

311 Riv Dr Hadley, MA 01035

OFF-MARKET
Showrooms
Property ID
US38-1296595
7,268 SF 0.76 ac lot Built 1930
Individually Owned 16-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional single-tenant industrial property, located at 311 River Drive in Hadley, Massachusetts, offers 4,320 square feet of versatile space ideal for cold storage and distribution operations. Situated on a 0.76-acre lot, the building boasts a prominent 192-foot frontage. Constructed in 1976, this one-story structure features 10 loading docks for efficient handling of goods, complemented by ample parking with 20 spaces available. The property includes 1,900 square feet of refrigerated space, ensuring optimal temperature control for perishable goods. Beyond the refrigerated area, there's substantial dry storage space, along with dedicated office space and a convenient restroom equipped with a shower. The property is zoned LB and is located in Hampshire County, with easy access via River Drive and its proximity to major transportation routes. This well-maintained facility presents a unique opportunity for businesses seeking a strategically located cold storage solution in a thriving market. The property's address is 311 River Dr, Hadley, MA 01035.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1930
Construction STEEL FRAME
Total area 7,268 SF
Lot 0.76 ac (33,049 SF)
Zoning code LB
APN HADL M:0012A B:0023B L:0000
UPID US38-1296595

Cap rate & NOI

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

Location

311 Riv Dr Hadley, MA 01035-9622
Hadley metro Census 821400 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$665k
Blend (final) Blend
$320k

Owner & transaction history

since 2010
3 recorded transactions
2022
Price N/A
2020
Price N/A
2010
$930,000

Zoning & alternative use

LB · Hadley, MA

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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