Commercial

Springfield, MA Commercial Land for Sale

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Chicopee, MA West Springfield, MA Ludlow, MA Agawam, MA East Longmeadow, MA Holyoke, MA Wilbraham, MA Longmeadow, MA
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Springfield Commercial Redevelopment Opportunity
Updated: Mar 1, 2025
Springfield Commercial Redevelopment Opportunity

671 State St, Springfield, MA 01109

$240,000
420 sqft
Prime 0.34‑acre corner lot in Springfield's revitalizing corridor.
Business 1 zoning permits mixed‑use, retail, and office developments.
Exceptional visibility and high traffic counts.
Strategic location with excellent access to downtown Springfield, I‑291, I‑91, and public transit.
Existing building space offers immediate utility.
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Commercial Land With Signal Access
Updated: Jul 25
Commercial Land With Signal Access

1470 Allen St, Springfield, MA 01118

Contact for pricing
3.45 AC lot
Commercial land parcel with right‑of‑way to a signalized intersection at Allen Street and Bicentennial Highway
More than 30,000 vehicles pass daily at the busy, signalized intersection
3+ acres with a commercial development opportunity in a populous and affluent Springfield neighborhood
Nearby businesses include Bicentennial Plaza, Florence Bank, McDonald’s, Wendy’s, and multiple medical properties
Convenient to regional retail hub Five Town Plaza
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Retail Redevelopment Corner Lot
Retail Redevelopment Corner Lot

671 State Street, Springfield, MA 01109

$240,000
420 sqft 0.34 AC lot

Corner lot with existing building space and Business 1 zoning for mixed-use, retail, and office redevelopment.

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Redevelopment Site with Office/Retail
Redevelopment Site with Office/Retail

460 Main Street, Springfield, MA 01151

Contact for pricing
4,000 sqft

Two land parcels include a 4,000 sq ft office/retail building intended for teardown for future retail development.

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Subdividable Lot on Michon Street
Subdividable Lot on Michon Street

0 Michon St, Springfield, MA 01151

$200,000
0.24 AC lot

0.24-acre lot with development potential in Springfield, MA.

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0.21 Acres of Commercial Land
0.21 Acres of Commercial Land

NS Pearl Street, Springfield, MA 01105

$200,000
9,148 sqft 0.21 AC lot

0.2076 acre parking lot land parcel for sale

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Land
Land

1470 Allen St, Springfield, MA 01118

Contact for pricing
16.00 AC lot

Commercial land · 16.00 Acres

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Springfield, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Undeveloped Land Parcel For Sale
Undeveloped Land Parcel For Sale

0 Donald, East Longmeadow, MA 01028

$209,000
1.40 AC lot

Undeveloped land parcel with potential for multiple lots.

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East Longmeadow Business Zoned Property
East Longmeadow Business Zoned Property

546 N Main St, East Longmeadow, MA 01028

$799,900
0.69 AC lot

Large business-zoned property with retail potential in East Longmeadow.

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Well-Positioned Commercial Land Site
Well-Positioned Commercial Land Site

2201 Boston Rd, Wilbraham, MA 01095

Contact for pricing

Land along Route 20 offers flexibility for retail, office, or mixed-use development near two Mass Pike exits.

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Land Parcel Along Route 20
Land Parcel Along Route 20

2132 Boston Rd, Wilbraham, MA 01095

Contact for pricing
0.80 AC lot

0.80 acre land parcel with high visibility.

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Off-Market Properties in Springfield, MA

Consider similar Off-Market properties in Springfield, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

550 Main St
VACANT COMMERCIAL LAND

550 Main St, Springfield, MA 01151-1222

$145,000
Estimated value
0.68 AC lot
View details
35-37 Oak St
VACANT COMMERCIAL LAND

35-37 Oak St, Springfield, MA 01151

$550,000
Estimated value
0.06 AC lot
View details
Arch St
VACANT COMMERCIAL LAND

Arch St, Springfield, MA 01101

$250,000
Estimated value
0.21 AC lot
View details
3 Ambrose St
VACANT COMMERCIAL LAND

3 Ambrose St, Springfield, MA 01109

$65,000
Estimated value
0.08 AC lot
View details
Bay St
VACANT COMMERCIAL LAND

Bay St, Springfield, MA 01101

$170,000
Estimated value
1.08 AC lot
View details
Martone Pl
VACANT COMMERCIAL LAND

Martone Pl, Springfield, MA 01101

$220,000
Estimated value
0.68 AC lot
View details
Gardner St
VACANT COMMERCIAL LAND

Gardner St, Springfield, MA 01101

$375,000
Estimated value
0.07 AC lot
View details
304-306 Belmont Ave
VACANT COMMERCIAL LAND

304-306 Belmont Ave, Springfield, MA 01108

$490,000
Estimated value
13,220 sqft 0.12 AC lot
View details
36 Oak St
VACANT COMMERCIAL LAND

36 Oak St, Springfield, MA 01109-4258

$425,000
Estimated value
2,913 sqft 0.17 AC lot
View details
9 York St
VACANT COMMERCIAL LAND

9 York St, Springfield, MA 01105-2446

$710,000
Estimated value
11,424 sqft 0.12 AC lot
View details
Saint James Ave
VACANT COMMERCIAL LAND

Saint James Ave, Springfield, MA 01101

$300,000
Estimated value
1.03 AC lot
View details
60 Martone Pl
VACANT COMMERCIAL LAND

60 Martone Pl, Springfield, MA 01109-3406

$150,000
Estimated value
0.38 AC lot
View details
64 Saint James Blvd
VACANT COMMERCIAL LAND

64 Saint James Blvd, Springfield, MA 01104

$430,000
Estimated value
4,500 sqft 0.24 AC lot
View details
56 Saint James Blvd
VACANT COMMERCIAL LAND

56 Saint James Blvd, Springfield, MA 01104

$430,000
Estimated value
5,920 sqft 0.42 AC lot
View details
543 Boston Rd
VACANT COMMERCIAL LAND

543 Boston Rd, Springfield, MA 01109-1230

$260,000
Estimated value
0.21 AC lot
View details
400 Cadwell Dr
VACANT COMMERCIAL LAND

400 Cadwell Dr, Springfield, MA 01104-1741

$1,535,000
Estimated value
54,400 sqft 1.03 AC lot
View details
21 Norwood St
VACANT COMMERCIAL LAND

21 Norwood St, Springfield, MA 01105-2430

$150,000
Estimated value
2,021 sqft 0.05 AC lot
View details

Springfield, MA Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Springfield, MA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 886,074 square feet of properties for sale, with an estimated market value of $880,000.

Sale prices for commercial lots in Springfield, MA start at $200,000, averaging $220,000, and reaching up to $240,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 8
Residential land & home lots 4

Demographics Overview

Population 171K
Population Growth (5Y) +1.4%
Median Household Income $60,860
College Educated 19.9%

High-Yield Neighborhoods for Investment

Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
01105 $200K
01109 $240K

Taxes & Financing

Tax Rate (average for all types) 3.26%
Property Tax per SF $40.45 per SF
Tax Rate vs County Average 0.49 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hampden County

New Delisted

Total CRE Inventory on Market (SF)

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