0 Shearer, Willis &Thorndike St Palmer — Photo 1 of 20
$1,400,000
Investment Analysis — 0 Shearer, Willis &Thorndike St
Palmer, MA 01069
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a home in 01069 carries an estimated $1,060/mo in gross rent — about a 0.46% cap rate and $6,477/yr in estimated NOI at the $1,400,000 list price. Adjust every assumption in the calculator below.
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This is a rare opportunity to own a prime commercial property just off the Palmer MA Pike, boasting high visibility and traffic. The package includes multiple highway business-zoned parcels totaling 8.18 acres, with frontage on both Shearer Street and Thorndike Street. Whether you're planning to move or start a new business in the heart of Palmer, this property is worth considering. Buyers are responsible for permits, surveys, engineering, and obtaining town approvals. Due diligence is required. This property can be sold as a package deal with multiple other properties located on Lawrence Street and Thorndike Street totaling over 15.77 acres surrounding the MA Pike consisting of both Commercial and Residential parcels.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
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Listing Agent: Brenda Binczewski
Listing Office: REMAX Connections
MLS® Number: 73414881