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    Property profile & analytics
    OFF-MARKET Estimated value $4,850,000
    Office buildings

    32 Industrial Dr, Northampton, MA 01060

    21,000 SF 2.45 ac lot Built 1986
    Entity Owned 22-yr Hold ~ Est. High Equity
    Property ID
    US38-1668068
    Property summary
    AI-generated overview

    This exceptional office property, located at 32 Industrial Dr E in Northampton, Massachusetts, offers 8,500 square feet of immediately available space within a larger 21,000 square foot building. Situated on 2.45 acres of land in Hampshire County, this Class B building boasts a convenient location, approximately one mile from I-91 and the heart of downtown Northampton. Built in 1986, the two-story structure features ample parking. The space is turnkey ready and includes a base rent of $19 per square foot, encompassing parking, HVAC, electricity, a conference room, and a kitchen/break room. The property is zoned for General Industrial use and is ideal for businesses seeking a blend of accessibility and functionality. The building consists of a single structure with multiple tenants. This presents a unique opportunity for a business seeking a substantial and well-equipped office space in a thriving Massachusetts community. The available space is part of a larger building, offering potential for expansion or collaboration within the same complex. The property's location offers easy access to major transportation routes and the amenities of downtown Northampton.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1986
    Construction FRAME
    Total area 21,000 SF
    Lot 2.45 ac (106,722 SF)
    Zoning code GI
    APN NHAM M:0019 B:0011 L:0001
    UPID US38-1668068
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.55M
    Blend (final) Blend
    $4.85M
    Owner & transaction history
    Fugu Grp LLC · 22 yrs held
    Fugu Grp LLC
    since 2004
    2 recorded transactions
    2004
    $925,000
    2004
    Zoning & alternative use
    GI · Northampton, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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