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Financial
Distress signals
Property profile

701 Kelly Way Holyoke, MA 01040

FOR SALE
Office buildings
Property ID
US38-1469777
9,214 SF 2.76 ac lot Built 2009
Last sale Apr 2018 · $2,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a single-tenant, net-leased Class A executive office building totaling 13,069 square feet, situated on a 2.755-acre lot in Holyoke, Massachusetts' Crossroads Industrial Park. The property, built in 2009, boasts a 100% occupancy rate with Rexel USA, a globally recognized electrical distributor, under a corporate guaranteed lease with a rent increase scheduled for November 2024. The lease structure is a triple-net (NNN) lease, minimizing landlord…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$58k
Tax billed · 2024
Assessed value$1.43M
Assessed land$350k
Assessed improvement$1.08M
Effective rate4.03%

Value estimate

· Oct 2026
$835k
$752k – $919k
AI approach$505k
Submarket $/SF estimate$885k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$57/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$15 – $96
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IP
Promotional, advertising, and civic signs are prohibited in an IP zone. 6. Window signs. Signs affixed to the inside of windows or otherw...
General categoryINDUSTRIAL
JurisdictionHOLYOKE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop11.2
Auto Parts Store10.1
Parking Facility10.0

Location

701 Kelly Way Holyoke, MA 01040
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
217-221 High, Holyoke, MA 01040 $550,000 May 2025 8,116 SF
330 Maple, Holyoke, MA 01040-4962 $687,000 Oct 2023 12,071 SF
201 High, Holyoke, MA 01040 $134,900 Mar 2023 9,460 SF
255 High, Holyoke, MA 01040-6513 $300,000 Jun 2021 13,230 SF
285 High, Holyoke, MA 01040-6583 $148,000 Sep 2020 6,750 SF
130 Race, Holyoke, MA 01040-5815 $250,000 Jun 2019 5,954 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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