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    FOR LEASE
    Industrial properties

    77 Servistar Industrial Way, Westfield, MA 01085

    6.26 ac lot
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US38-0746328
    Property summary
    AI-generated overview

    This exceptional 30,780-square-foot industrial warehouse, situated at 77 Servistar Industrial Way in Westfield, Massachusetts, presents a compelling investment opportunity. The property boasts a desirable location, conveniently positioned just 2.5 miles from the Massachusetts Turnpike within a well-established industrial park. This strategically advantageous location ensures easy access to major transportation routes, facilitating efficient logistics and distribution. The warehouse itself features a substantial 23-foot clear ceiling height, providing ample vertical space for storage and operational flexibility. Four dock-high doors ensure smooth and efficient loading and unloading operations. The property sits on a generous 6.26-acre lot, offering potential for future expansion or additional development. The building is fully serviced with all utilities and benefits from a robust 3,200-amp electrical service. The property is zoned for industrial use, providing flexibility for a variety of businesses. This turnkey industrial space is ideal for companies seeking a functional, well-located, and spacious warehouse to support their operations. The asking price is $2,975,000. This represents a significant opportunity to acquire a high-quality industrial property in a prime location. The property is available for sale.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Lot 6.26 ac (272,686 SF)
    APN WFLD M:56-R L:101
    UPID US38-0746328
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.25M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.18M
    Owner & transaction history
    Servistar Prop Owner LLC · 4 yrs held
    Servistar Prop Owner LLC
    since 2022
    Last sale
    $2.1M
    5 recorded transactions
    2022
    $2.1M
    2005
    2001
    $1.5M
    1995
    1995
    $125,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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