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    OFF-MARKET
    Commercial real estate

    89 Whitney Ave, West Springfield, MA 01089

    20.2 ac lot
    Property ID
    US38-1096350
    Property summary
    AI-generated overview

    This exceptional 20.2-acre parcel presents a rare development opportunity in West Springfield, Massachusetts. Conveniently located near the Holyoke Mall, Route 5, the Mass Pike, and Route 91, this property offers unparalleled access to major transportation arteries. The land is zoned RA-2, permitting the construction of single-family homes, cluster developments, churches, educational non-profits, childcare facilities, wireless communication infrastructure, and agricultural uses. Other uses may be possible with appropriate zoning changes, special permits, and 40B developments. The potential for a solar farm also exists, subject to zoning approval. Natural gas service is available nearby, with the gas line ending near the intersection of Highland and Whitney Avenues, according to Eversource. The property comprises seven parcels, detailed in the provided legal descriptions: 0 Bonnie Brae Drive (1.29 acres), 0 Highland Lane (0.2 acres), 0 Highland Lane (0.2 acres), 0 Whitney Avenue (10.28 acres), 89 Whitney Avenue (0.59 acres), 107 Whitney Avenue (2.12 acres), and 111 Whitney Avenue (3.18 acres). Additional deed references are available. Public water and sewer are available at the street

    Property profile
    Verified
    Property type Commercial real estate
    Lot 20.2 ac (879,912 SF)
    UPID US38-1096350
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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