Active
255 Days on market
405 Shearer St Palmer — Photo 1 of 15

405 Shearer St Palmer — Photo 1 of 15

$625,000

Investment Analysis — 405 Shearer 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 1.40% cap rate and $8,729/yr in estimated NOI at the $625,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

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Commercial Land for Sale – Highway Business Zoned with Exceptional VisibilityPrime commercial development opportunity in a high-traffic Palmer, Massachusetts location. Zoned Highway Business, this property offers a wide range of potential uses for entrepreneurs, investors, developers, and established businesses seeking expansion or relocation opportunities.Positioned near the Massachusetts Turnpike interchange, this site benefits from excellent visibility and steady traffic counts generated by travelers, commuters, and nearby national retailers, including Starbucks and Jersey Mike's. Take advantage of an established commercial corridor in one of Western Massachusetts' growing business hubs.Palmer continues to attract attention from businesses and investors, with ongoing economic development and plans for expanded passenger rail service enhancing the area's long-term growth potential. This strategic location provides convenient access to major transportation routes, making it an attractive destination for retail, office, service, restaurant, and other commercial ventures.The seller previously obtained approvals for a 2,800-square-foot commercial building with parking, providing a valuable starting point for future development. However, buyers may wish to pursue their own vision and should verify all zoning requirements, permits, approvals, and intended uses with the appropriate municipal authorities.Whether you're looking to build a new business location, expand your commercial footprint, or invest in a high-visibility development site, this Highway Business-zoned parcel offers outstanding potential in a growing market.Buyer to perform all due diligence regarding zoning, permits, utilities, and intended use.

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.

Property Details

Financials

Original Price$625,000
Annual Taxes$938.24

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
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WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningHgwy Bus

Property & Lot

Acres1.05
SqFt Lot45,738
Lot FeaturesCorner Lot, Cleared

Neighborhood

Public Transportation • Shopping • Park • Golf • Medical Facility • Laundromat

Geography

Property History

Listed
$625,000

Jan 9, 2026

MLS® 73466911

Listed
$625,000

Jan 5, 2026

MLS® 73465475

Expired
$649,900

Oct 1, 2025

MLS® 73398744

Listed
$649,900

Jul 1, 2025

MLS® 73398744

Expired
$700,000

Jun 30, 2025

MLS® 73294684

Listed
$700,000

Sep 25, 2024

MLS® 73294684

Expired
$725,000

Sep 22, 2024

MLS® 73256930

Listed
$725,000

Jun 25, 2024

MLS® 73256930

Listing Provided By

Listing Agent: Susan Como

Listing Office: Buy Rite Home

MLS® Number: 73465475