388 Palmer Rd, Ware, MA 01082
For Sale
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This unique mixed-use property in Ware, MA, presents a compelling investment or owner-occupant opportunity. Situated on a high-traffic section of Route 32, near the Palmer town line, this property boasts excellent visibility and convenient access. The offering includes two buildings: a +/- 1,200 square foot retail/office building and a +/- 861 square foot warehouse featuring an overhead door and loading platform. The combined buildings sit on approximately 2.86 acres of land, providing ample space for expansion or future development. Its strategic location offers proximity to key amenities, including Gibbs Crossing, a large shopping center anchored by Walmart and Lowe's, located just a quarter-mile away. Furthermore, the property enjoys convenient access to major transportation arteries, being only 5.5 miles from the Palmer, MA Pike interchange and 2.8 miles from downtown Ware. Adding to its appeal is its proximity to the Ware Mass Central Rail Trail entrance, part of a planned 104-mile recreational trail extending from Boston to Northampton. This presents a unique opportunity for redevelopment, owner-occupancy, or investment in a thriving commercial corridor. The property's versatility and prime location make it an attractive proposition for a wide range of potential uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
CI · Ware, MAWare. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
