443 Shaker Rd East Longmeadow, MA 01028
- Industrial properties
- 142,872 SF
- 57.41 lot acres
Current Use by 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
Property Details for 443 Shaker Rd
- Year built
- 1967
- Construction
- STEEL FRAME
- Lot size
- 57.41 lot acres
- Property size
- 142,872 SF
- Zone code
- INDG
- Property type
- Industrial properties
- APN
- ELON M:0020 B:0001 L:0000
- APU
- ELONM0020B0001L0000
Description
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.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $12,715,000
- 6.5%
- $11,740,000
- 7%
- $10,900,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $12,042,000
- AI Estimate
- $9,113,000
Market price range: $3.83M - $12.0MMarket price range: $1.67M - $9.11M -
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
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Location Insight
- Map
- Local Demand
- City
- East Longmeadow
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.521
- Latitude
- 42.0442
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA