Updated Dec 13, 2024
Development Site At 133 Warfield Road Sold In Charlemont MA For $5.25M By Jeremy Casey
133 Warfield Road
$5,250,000
$2/SF
Building Size
2,178,000 SF
Asset Type
Development Site
Closing
Oct 30, 2024
About this deal
AI
The development site at 133 Warfield Road, located in Charlemont, MA, has been sold for a price of $5,250,000. This site encompasses a total square footage of approximately 2,178,000, yielding a price per square foot of $2.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $5,250,000
- Address: 133 Warfield Road
- Market: Charlemont, MA
- Square Footage: 2,178,000
- Price Per Square Foot: $2
- Broker: Jeremy Casey - SR Commercial Realty
Jeremy Casey represented the seller in this transaction, facilitating the sale process for the development site. His agency, SR Commercial Realty, played a key role in connecting the parties involved and ensuring a successful closing.
Charlemont Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93