676 Amherst Rd Sunderland, MA 01375-9420
- Turn key restaurants
- 1,200 SF
- 4.07 lot acres
Current Use by Public Records
- Bub's BBQ / Barbecue Restaurant
Property Details for 676 Amherst Rd
- Year built
- 1967
- Construction
- FRAME
- Lot size
- 4.07 lot acres
- Property size
- 1,200 SF
- Zone code
- C+I
- Property type
- Turn key restaurants
- APN
- SUND M:0016 B:0000 L:11
- APU
- SUNDM0016B0000L11
Description
This exceptional commercial property, situated at 676 Amherst Rd in Sunderland, MA, presents a compelling investment opportunity. Spanning 4.07 acres, the property enjoys a highly visible location along a busy road, ensuring maximum exposure to a large potential customer base. According to Mass DOT data, the average daily traffic count is approximately 18,000 vehicles, guaranteeing significant visibility for any business operating on the site. Currently, the property is generating income through a reliable, long-term tenant, offering immediate return on investment and financial stability. The property's prime location and existing tenancy make it an attractive prospect for investors seeking a secure and profitable venture. The substantial land area provides ample space for potential expansion or redevelopment, allowing for future growth and adaptation to evolving market demands. This is a rare opportunity to acquire a well-established commercial property in a high-demand area with significant potential for long-term success. The property is priced at $350,000. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $230,000
- 6.5%
- $195,000
- 7%
- $225,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $225,000
- Geo Method
- $215,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $250,000
- Retail
- $250,000
- Mixed-Use
- $230,000
- Hospitality
- $225,000
- Educational
- $255,000
- Residential Income
- $210,000
- Energy
- $185,000
- Income-Based Land
- $190,000
- Food Service
- $205,000
Location Insight
- Map
- Local Demand
- City
- Sunderland
- County
- Franklin
- State
- Massachusetts
- Longitude
- -72.5413
- Latitude
- 42.4304
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA