Property profile

77 Servistar Industrial Way Westfield, MA 01085

FOR LEASE
Other industrial properties
Property ID
US38-0746328
6.26 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a 30,780-square-foot industrial warehouse located in Westfield, Massachusetts, within an established industrial park approximately 2.5 miles from the Massachusetts Turnpike. The facility provides a 21-foot clear height and is suitable for industrial uses such as food processing and warehouse operations. The building layout allows for demising into smaller units configured in sizes ranging from 5,750 square feet up to the full 30,780 square feet.

Property profile

Verified
Property type Other 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

Location

77 Servistar Industrial Way Westfield, MA 01085
Westfield metro Census 812800 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.25M

Owner & transaction history

since 2022
Last sale
$2.1M
5 recorded transactions
2022
$2.1M
2005
Price N/A
2001
$1.5M
1995
Price N/A
1995
$125,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message