77 Servistar Industrial Way, Westfield, MA 01085
For Lease
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.