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
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