Property profile

42 Commercial St 48 Holyoke, MA 01040

OFF-MARKET
Warehouses
Property ID
US38-1644751
11,904 SF 0.34 ac lot Built 1932
Individually Owned 17-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1932
Construction FRAME
Total area 11,904 SF
Lot 0.34 ac (14,972 SF)
Zoning code IG
APN HOLY M:0018 B:0001 L:17
UPID US38-1644751

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Gym & Fitness Center

Location

42 Commercial St, Unit 48 Holyoke, MA 01040-4704
Holyoke metro Census 811600 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
$757k
Blend (final) Blend
$265k

Owner & transaction history

since 2009
3 recorded transactions
2009
$170,000
2006
$1
1995
$20,000

Zoning & alternative use

IG · Holyoke, MA
Zoning description

Allowed only in IG zones within the off-premises sign overlay districts overlay districts, following the size limitations for signs in the business and industrial districts table. 2. May only be permitted on a parcel or…

General category UNKNOWN
Top alternative use upside
Commercial (general) $840,000 +37.8%
Office building $680,000 +12.1%
Industrial (general) $670,000 +9.8%

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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