Property profile

630 Silver St Agawam, MA 01001

OFF-MARKET
Warehouses
Property ID
US38-1595507
30,520 SF 2.92 ac lot Built 1984
Entity Owned 22-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,000-square-foot flex space, located at 630 Silver Street, Unit 5A in Agawam's Regional Industrial Park, presents a fantastic leasing opportunity. The unit boasts a highly desirable blend of office and warehouse space, perfectly suited for a variety of businesses. The office area comprises 875 square feet, featuring three private offices and an open workspace, ideal for collaborative work environments. The remaining 1,125 square feet is dedicated to a spacious warehouse area, offering a 17-foot clear ceiling height and one dock-high loading door for efficient material handling. This versatile layout provides ample room for storage, production, or light manufacturing. The property benefits from ample parking, ensuring convenient access for employees and clients. Its strategic location within the Agawam Regional Industrial Park provides easy access to major transportation arteries, including Route 57 and Interstate 91, facilitating seamless regional and national distribution. The proximity to Bradley International Airport further enhances its logistical advantages. Utilities are separately metered for gas and electricity, offering cost-effective management of operational expenses. This well-maintained unit offers a compelling combination of functionality, accessibility, and convenience, making it an ideal choice for businesses seeking a productive and strategically located workspace. Don't miss this chance to secure this exceptional flex space in a thriving industrial park.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1984
Construction STEEL FRAME
Total area 30,520 SF
Lot 2.92 ac (127,279 SF)
Zoning code IA
APN AGAW M:00G7 B:0001 L:8
UPID US38-1595507

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
  • Accounting Firm Tax Preparation
  • Big Box & Wholesale Store
  • Garden Center
  • Industrial Manufacturer
  • Medical Laboratory

Location

630 Silver St Agawam, MA 01001-3051
Agawam metro Census 813205 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.76M
Blend (final) Blend
$1.68M

Owner & transaction history

since 2004
2 recorded transactions
2004
$1
1999
Price N/A

Zoning & alternative use

IA · Agawam, MA
General category INDUSTRIAL
Top alternative use upside
Office building $2.8M +79.4%
Commercial (general) $2.7M +71.1%
Industrial (general) $1.7M +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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