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Property profile & analytics
FOR LEASE
Industrial properties
443 Shaker Rd, East Longmeadow, MA 01028
Individually Owned
10-yr Hold
Free & Clear
Property ID
US38-0733649
For Lease
1 / 2
$5 SF/Yr
443 Shaker Rd, East Longmeadow, MA 01028
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Property summary
AI-generated overview
This exceptional East Longmeadow, MA industrial property offers 98,000 square feet of warehouse space within a larger 1,200,000 square foot campus. The building, constructed in 1963 and classified as Class B, sits on a substantial 52.68 acres of land and is zoned for industrial use. The warehouse features 56 loading docks, complemented by 56 dock-high doors and a single drive-in door, providing ample loading and unloading capabilities. Ceiling heights reach 20 feet, with column spacing of 40 feet by 50 feet, offering efficient use of space. The property boasts 24/7 security and extensive on-site parking. Its strategic location near I-91 exits in both Massachusetts and Connecticut ensures convenient access to major interstate highways. The address is 443 Shaker Rd, East Longmeadow, MA 01028, with a cross street of Denslow Road. This multi-tenant property presents a significant opportunity for businesses seeking versatile warehouse space in a prime location. The property's size and features make it suitable for various industrial uses, including warehousing, manufacturing, distribution, and flex space.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1967
Construction
STEEL FRAME
Total area
142,872 SF
Lot
57.41 ac (2,500,780 SF)
Zoning code
INDG
APN
ELON M:0020 B:0001 L:0000
UPID
US38-0733649
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
Current use
Occupant on record · Public records
-
BHHS Realty Professionals Kathy Niver Real Estate Agency
-
Zell Melendez Real Estate Agency
-
Stephanie Lepsch, Realtor BHHS Realty Pros Real Estate Agency
-
Surisadai Ramos, Berkshire Hathaway HomeServices Realty Professionals Real Estate Agency
-
Moussa Hamadeh, Berkshire Hathaway HomeServices Realty Professionals Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.74M
Comparable Approach
Comparable
$12.04M
Blend (final)
Blend
$10.97M
Owner & transaction history
Mundi E Carta · 10 yrs held
Mundi E Carta
since 2015
1 recorded transaction
Zoning & alternative use
INDG · East Longmeadow, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$17.9M
+123.0%
Office building
$15.9M
+98.9%
Retail stores
$14.5M
+81.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs East Longmeadow submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Longmeadow submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$12,715,000
6.5%
$11,740,000
7%
$10,900,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$8,020,000
Current use
AUTO REPAIR, GARAGE
$17,885,000
Change: +123% · Conversion: Easy
OFFICE BUILDING
$15,945,000
Change: +99% · Conversion: Difficult
RETAIL STORES
$14,530,000
Change: +81% · Conversion: Moderate
COMMERCIAL (GENERAL)
$12,495,000
Change: +56% · Conversion: Difficult
WAREHOUSE, STORAGE
$7,300,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$10.97M
Range $9.87M – $12.06M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$77 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$566,937
Tax year 2024
Assessed value
$30,579,100
Assessed 2024
Previous assessed
$30,579,100
+0.0% YoY
Effective rate
1.85%
On assessed value
Assessed land
$5,226,600
Assessed improvement
$25,352,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1967
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
7
Stories
2
Units
1
Bathrooms
4
Total area
142,872 SF
Lot
57.41 ac (2,500,780 SF)
Zoning code
INDG
APN
ELON M:0020 B:0001 L:0000
UPID
US38-0733649
Jurisdiction
EAST LONGMEADOW
Zoning & alternative use
INDG · East Longmeadow, MA
Zoning INDG · permitted uses
INDG · East Longmeadow, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Longmeadow. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$8.0M
AUTO REPAIR, GARAGE
Est. value
$17.9M
OFFICE BUILDING
Est. value
$15.9M
RETAIL STORES
Est. value
$14.5M
COMMERCIAL (GENERAL)
Est. value
$12.5M
WAREHOUSE, STORAGE
Est. value
$7.3M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1967
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
7
Units
1
Bathrooms
4
Lot
57.41 ac
Current owner
From public records · entity-resolved
Mundi E Carta
Individual
Free & Clear · 10 yrs held
Mailing address
443 SHAKER RD, EAST LONGMEADOW, MA 01028-3124
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2015
$19,426,597
Mundi E Carta
Hasbro INC
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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