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    OFF-MARKET
    Industrial properties

    378 Long Pln Rd, South Deerfield, MA 01373-9642

    4.8 ac lot
    Individually Owned 29-yr Hold ~ Est. High Equity
    Property ID
    US38-0907886
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 378 Long Plain Road in South Deerfield, Massachusetts, presents a compelling investment opportunity. The 32,088 square foot facility comprises two interconnected warehouse buildings, constructed in 1940 and 1977, offering a blend of character and functionality. Situated on a 5.24-acre lot zoned PI (Planned Industrial), the property boasts six loading docks and an overhead door, ensuring efficient material handling. Ceiling heights range from 15 to 19 feet, providing ample vertical space for various storage and operational needs. The property includes integrated office space, adding to its versatility. Its strategic location offers convenient access to I-91, providing seamless connectivity to the Five College area and Springfield-Metro. Ample on-site parking and storage further enhance the property's appeal. The asking price is $1,550,000, translating to $48.30 per square foot. This property is ideal for businesses seeking a well-maintained, strategically located warehouse space with significant operational advantages.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Lot 4.8 ac (209,097 SF)
    Zoning code PI
    APN DEER M:182 L:11
    UPID US38-0907886
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Joseph H Nickerson 3rd · 29 yrs held
    Joseph H Nickerson 3rd
    since 1996
    4 recorded transactions
    1996
    1988
    1988
    1988
    Zoning & alternative use
    PI · South Deerfield, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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