Property profile

328 Russell St Hadley, MA 01035

FOR SALE
Commercial land
Property ID
US38-1496730
4.54 ac lot
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4.54-acre commercial land parcel presents a unique investment opportunity in Hadley, Massachusetts. Strategically located on Route 9, this property enjoys high visibility and accessibility within a thriving retail corridor. Its Business zoning allows for a wide range of commercial development possibilities, making it ideal for entrepreneurs and investors seeking a prime location for new construction or expansion. The property's proximity to the University of Massachusetts Amherst and other colleges provides a significant advantage, offering access to a large and diverse population base. The asking price is $1,699,999. Detailed site plans and zoning information are readily available upon request. This is a rare chance to acquire a substantial piece of commercial real estate in a highly desirable area with excellent growth potential. The property is situated in Hampshire County, MA, with the precise address being 328 Russell Street, Hadley, MA 01035. The location offers convenient access to major transportation routes and amenities. This significant land holding is ready for development, presenting a compelling opportunity for those seeking to capitalize on the area's robust economy and strong demand for commercial space. Serious inquiries are encouraged to explore the full potential of this remarkable property.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 4.54 ac (197,762 SF)
Zoning code B
APN HADL M:0010C B:0062 L:0002
UPID US38-1496730

Cap rate & NOI

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

Location

328 Russell St Hadley, MA 01035
Hadley metro Census 821400 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2018
1 recorded transaction
2018
$250,000

Zoning & alternative use

B · Hadley, MA
Zoning description

To accommodate a wide range of retail uses and services and commercial activities in appropriate locations along primary roads within the Town and provide for the appropriate development and special requirements for the…

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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